FX.co ★ Italy Trade Surplus Widens in August

Italy's trade surplus grew to €2.0 billion in August 2025, an increase from €1.3 billion in the same month the previous year. However, this figure did not meet the anticipated €7.55 billion, as the decline in exports was less pronounced than that in imports. Exports experienced a 1.1% decline year-on-year, totaling €38.7 billion, driven by a substantial decrease in sales to non-EU markets (-7.0%), which overshadowed the growth in shipments to the EU (+5.4%). Significant sectors contributing to this downturn in exports included machinery and equipment not elsewhere classified (-5.6%); sporting goods, games, musical instruments, precious metals, medical instruments, and other miscellaneous products (-19.8%); as well as leather goods (excluding apparel) and related items (-9.5%). Geographically, exports saw a notable drop to the US (-21.1%), Turkey (-25.9%), and China (-16.3%). Concurrently, imports fell by 4.1% to €36.6 billion, amid diminished procurement from both EU (-3.0%) and non-EU (-2.9%) regions.