Import export: the trend of the Italian trade balance

After the pandemic came the war. For the import / export sector, a new phase of great uncertainty and limitations has opened that will inevitably have economic repercussions on trade. In fact, in recent days sanctions by many countries have been taking place against Russia, measures that have an impact on the import export of various sectors and therefore on the trade balance of the states. But what is the real situation of the Italian import export? Adnkronos and Expleo provide an overview by observing the import and export flows on the basis of data from Coeweb – Istat, the information system dedicated to foreign trade statistics. main: – Italy exports more than it imports – Germany is our main European trading partner – We mainly import products and energy sources from Russia – Eight out of twenty Italian regions recorded a negative trade balance in 2021 enter the analysis of statistical data, we remember some fundamental concepts. The balance between a state’s exports and imports is defined as its trade balance. The trade balance is essential to indicate the solidity and wealth of a country, as well as expressing the level of attractiveness that products or services have towards other countries. Despite this, a positive balance in the trade balance may not necessarily be favorable, but may indeed indicate, for example, the inability to assess actual domestic demand. The analysis of import and export flows takes into consideration the Standard Classification of International Trade (CTCI), which distinguishes different categories of products.