Italy’s trade surplus with non‑EU countries narrowed in June 2026, pointing to a loss of momentum in external demand or a shift in trade dynamics outside the European Union.
According to the latest data updated on 28 July 2026, Italy’s non‑EU trade balance fell to €2.55 billion in June, down from €3.84 billion in May 2026. While the surplus remains firmly positive, the month‑on‑month decline suggests that export strength relative to imports has eased compared with the previous period.
The shift in the trade balance will be closely watched by analysts and market participants, as non‑EU trade is a key component of Italy’s overall external position and an important driver of industrial activity and economic growth. Further data in the coming months will help clarify whether June marks the beginning of a broader trend or a temporary moderation.
