Italy trade surplus shrinks in April
Article continues below
The trade surplus fell to EUR 2.94 billion in April from EUR 3.60 billion in the corresponding month last year. The surplus also declined from EUR 4.53 billion in March.
Exports rose 6.6% year-over-year in April and imports surged by 9.6%.
On a monthly basis, both exports and imports increased by 0.1% and 0.7%, respectively in April.
The trade balance with EU countries resulted in a surplus of EUR 1.07 billion versus EUR 1.05 billion a year earlier. The non-EU trade surplus shrank to EUR 1.86 billion from EUR 2.55 billion. ■