In January 2025, Italy saw modest growth in its exports and imports. Exports increased by 0.6% month-on-month (MoM) and 2.5% year-on-year (YoY), signaling a steady demand for Italian goods. Exports to European Union (EU) countries showed a positive trend, rising by 1.8%, while shipments to non-EU countries saw a slight decline of 0.6%. On the other hand, imports were up by 3.2% MoM and 8.8% YoY, reflecting a stronger demand for foreign products.
When broken down by region, Italy’s imports from the EU rose by 2.8%, while imports from non-EU nations grew by 3.6%. This shows that non-EU trade is still an important factor in Italy’s trade dynamics.
Despite these increases in trade, Italy faced a trade deficit of €264 million overall, with the EU contributing €635 million to the deficit. However, there was a surplus of €370 million in trade with non-EU countries. Import prices also showed an upward trend, rising by 0.4% MoM and 1.4% YoY, which indicates rising costs for imported goods.
These numbers highlight the mixed trade performance, with stronger imports and stable exports, although the overall trade balance remains negative.
