Italian exports hit record high of 305 bln euros in 2024


ROME, Jan. 29 (Xinhua) -- Italy's exports reached a record high of 305.2 billion euros (about 317.5 billion U.S. dollars) last year, the highest total on record, Italy's National Statistics Institute (ISTAT) reported Wednesday.

This marked the highest export volume since at least 2013, when ISTAT adopted its current formula to calculate the key indicators.

In December alone, exports to countries outside the European Union (EU) remained stable compared to November, while imports declined by 0.3 percent. Energy exports increased by 6.8 percent while non-durable consumer goods, mostly food and other perishables, grew by 4.0 percent. Meanwhile, durable consumer goods exports fell by 9.4 percent.

Compared to the same month in 2023, total experts were 3.9 percent higher, ISTAT said.

Italy's trade surplus with non-EU countries stood at 7.79 billion euros at the end of 2024, down from 8.10 billion euros a year ealier.

Notably, Germany's exports to Southeast Asian countries surged by 39.9 percent in December. (1 euro = 1.04 U.S. dollar)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Bus falls into river while boarding ferry in Bangladesh, leaving 24 dead
Analysis-Maduro case to test US narcoterrorism law with limited trial success
Panel wants prosecution of ousted Nepal PM over violence in Gen Z protests
Indonesia military officer steps down following acid attack on activist
Tehran rejects US claims of ‘ongoing, productive’ negotiations
Russian attacks kill two in Ukraine's Kharkiv, damage infrastructure on the Danube
Democrats, Republicans trade blame as major U.S. airports continue to see hours-long security lines
U.S. stocks finish higher on reports over Middle East
From the Frontline: Shattered life inside a forgotten train carriage
North Korea's Kim Jong Un welcomed Belarus President Lukashenko to Pyongyang, KCNA says

Others Also Read