Italy Balance of Trade
Category:
Balance of Trade
Units:
Billion
In 2017, Italy's trade surplus fell to EUR 47 billion from a record high of EUR 50 billion in the previous year, as imports jumped 9 percent to EUR 401 billion, the highest level since 2011, and exports rose at a softer 7 percent to an all-time high of EUR 448 billion. The biggest trade surpluses were recorded with the United States, the United Kingdom, France, Switzerland, Poland and Japan; and the biggest trade deficits with China, the Netherlands, Germany, Belgium and Russia.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Event Details
Impact:
Medium
Country:
Symbol:
EUR
Latest Release
Previous:
€4.829B
Consensus:
€3.55B
Actual:
€6.43B
Next Release
Date:
09:00 AM, 9 Aug 2024 (in 13 days)
Time left:
in 13 days
Consensus:
€6.6B