Italy trade surplus rises as July exports grow 4.7%

Italian exports grew by 4.7% in value during July 2026 compared to the previous year, according to data from ISTAT. While the value increased, export volume saw a decrease of 1.7%. The growth was more pronounced in non-EU markets, which saw a 6.6% increase, compared to a 2.7% increase in the EU. Key sectors driving this export growth include base metals and metal products (+13.8%), coke and refined petroleum products (+27.3%), and various non-classified goods such as medical instruments and sporting goods (+15.9%).

In contrast, imports rose by 4.6% in value, driven by purchases of natural gas, metals, and electronics, though import volume decreased by 2.7%. The trade surplus for July 2026 reached over 8.2 billion euros, up from 7.8 billion euros in July 2025.

For the first seven months of 2026, the total trade surplus reached 32.9 billion euros, an increase from the 30.6 billion euros recorded during the same period in 2025. Overall export growth for the first seven months stands at 4.6%.