TO February 2025 It is estimated, for the commercial exchange with the non -EU27 countries, a conjunctural increase for both flows, wider for exports (+2.8%) than imports (+0.8%). Export to non -EU27 countries has increased compared to the previous month, mainly thanks to the growth of sales of non -durable consumer goods.
On an annual basis, the exports record a –2.1%but the data is affected by the exceptional movements related to naval shipbuilding to the United States detected in February 2024; Excluding this factor, instead a tendential increase in exports equal to 1.7%is estimated. Istat says so.
In which countries Italy imports and exports more
In February 2025, the commercial balance with non-EU countries was positive for 4,707 million eurosdecreasing compared to 6,885 million in the same month of 2024. The energy deficit reached -4,800 million euros, a higher value than the -3,779 million recorded in the previous February. The surcast in the interscond of non -energy products has decreased, from 10,664 million euros to February 2024 to 9,508 million euros in February 2025.
On the subject exportsthe countries with which Italy did more business in February were:
- Switzerland (+17.3%);
- OPEC (+12.9%);
- UK (+8.5%);
- ASEAN-Nations of Southeast Asia (+7.4%);
- Mercosur – Southern America (+3.0%);
- China (-1.5%);
- Japan (-5.7%);
- United States (-9.7%);
- Türkiye (-10.6%).
While instead the countries they have imported more our products are:
- OPEC (+34.3%);
- China (+18.3%);
- ASEAN-Nations of Southeast Asia (+11.7%);
- UK (+11.7%);
- India (+8.3%);
- Mercosur – Southern America (+2.6%);
- Switzerland (-2.0%);
- Türkiye (-4.6%);
- United States (-4.9%).
But the US are still the best partners
As you can see, the import and export with the United States they dropped drastically; A move probably caused by duties, which have been shaking the global economy for months. But if the US are in the last places, looking at the list of Main commercial partners Extra-EU for Italy in February 2025, they are still expanding on the head:
- United States (+3,563 million euros);
- UK (+1,634 million euros);
- Switzerland (+1,362 million euros);
- Türkiye (+352 million euros);
- Mercosur – Southern America (+154 million euros);
- ASEAN-Nations of Southeast Asia (+12 million euros);
- India ( – 228 million euros);
- OPEC (−812 million euros):
- China (−3.176 million euros).
Data that demonstrate how the United States still represent the most advantageous non-EU partner for Italy in terms of commercial balance, despite a lower growth of export and import, and which highlight the centrality of the USA in Italian trade.
Exports of energy goods fall
As already mentioned before, in February 2025 the export decreases by 2.1% on an annual basis (compared to +3.3% in January), a drop mainly attributed to energy sales (-23.3%) and capital goods (-15.3%). However, the export of non -durable consumer goods is significantly growing (+13.7%). The import, on the other hand, marks a trend growth of 8.6%, almost entirely explained by the increase in durable consumer goods (+17.1%), not durable (+17.9%) and energy (+17.6%).
In the period December 2024-February 2025compared to the previous quarter, the export grows of 3.9%with an increase in all groupings, with the exception of durable consumer goods, which mark a drop of 8.7%. During the same period, the import grows by 6.7%, mainly due to energy purchases (+14.2%).