Italy exports down in March. According to the latest Istat data on the commercial balance of our country, compared to February the exports they recorded a light Flexion of 1%in the face of an amount of imported goods stable at +0.2%.
The best numbers of exports in the first quarter 2025 and on annual basewhere they are driven by the pharmaceutical and transport sectors, with the exception of the automotive.
March export data
In March the commercial balance It is +3,657 million euros, decreasing compared to +4,296 million in the same month of 2024, with an energy deficit that goes from -3.807 million last year to the current -3,894 million.
Thesurplus In the inter -market of non -energy products, from an altitude of 8,102 million March 2024 to 7,551 million in the same month of this year.
As explained in the report of the Statistics Institute, the decline on monthly base Set by the export in March is mainly due to the reduction of sales of capital goods, machinery, equipment, systems and software, and durable consumer goods, such as furnishings, appliances etc.
The monthly decrease is linked to the reduction of -5% of the sales of the EU area, partly counterbalanced by exports outside the European Union, an increase of 3.3%.
Exports in the first quarter 2025
If you consider instead the first quarter 2025Italian export grows by 4.6%, hand in hand with import, at +4.7%, compared to the last three months of late 2024.
By comparing the first three months of this year with the same as last, a positive tendential dynamic emerges ( +3.2%; +3.9% net of energy), but a commercial surplus down to +7.8 billion euros, compared to +12.8 billion in the first quarter 2024.
On an annual basis, the first quarter 2025 records an export growth of 3.2%, thanks above all to the increases scored by sales in pharmaceutical sectorchemical-medical and botanical (+41.9%), means of transport, except motor vehicles (+21.2%), base metals and metal products, excluding machines and systems (+5.8%) and food products, drinks and tobacco (+5.5%).
The exports of coke refined oil products (-27.0%) and the car sector (-12.2%) are collapsed.
The boom of exports on an annual basis
On an annual basis, in March 2025 Italian export increases by 5.8% in monetary terms and 1.9% in volume compared to the same month last year.
A growing growth in sales outside the European Union (+8.2%), compared to the EU area (+3.7%). In particular, exports recorded an annual boom with the United States, with+41.2%, followed by the OPEC countries (+24%) and France (+4.2%).
Also in comparison in March 2024, i sectors which more feed exports from our country are those of pharmaceutical, chemical-medical and botanical products (+59.8%), and means of transport, always made exceptions of motor vehicles (+47.5%).
The climb also risesAnnual import7.6%, +6.8% in the EU and +8.8% outside the European Union. This increase is pulled in particular by the major purchases of pharmaceutical products from China, a country against which Italy has decreased the exports of -8.3% in a year. Decrement according to Türkiye only (-30.1%).
