[vc_row][vc_column][vc_column_text]Ismea, Institute of Services for the Agricultural Food Market, recently stated that Italian exports of agro-food products increased during the first six months of 2020, reaching 22.1 billion euros, which corresponds to an increase of 3.5% on an annual basis, and 11% of total exports of goods and services.<\/p>\n
The result was determined by a strong growth in exports in the first two months of the year and a strong decline in April (-14% on March) and May (-4.5% on April).<\/p>\n
On the other hand, imports were down. Therefore, Italy achieved a clear improvement in the trade balance, which reached 710 million euros in earnings, compared to a deficit of almost 1.2 billion in the first six months of 2019.<\/p>\n
The main destination market for exports is the EU, with purchases in the first half of 2020 equal to approximately 14.3 billion euros (+3.1% on an annual basis). Shipments from outside the EU generated revenues of 7.9 billion euros (+4.6% on an annual basis).<\/p>\n
The countries that during the first six months of the year have increased more the imports of Italian food products include Germany, Poland, Ukraine, Japan, Canada and China.<\/p>\n
The production sectors with the greatest increases were “cereals and derivatives”, “fresh and processed vegetables”, “fresh and processed fruit”, and “milk and derivatives”. On the contrary, wine; while remaining the second production sector in terms of export value, underwent an annual drop in exports of 4.1% in the first six months of the year.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row][vc_column][vc_column_text]Ismea, Institute of Services for the Agricultural Food Market, recently stated that Italian exports of agro-food products increased during the first six months of 2020, reaching 22.1 billion euros, which corresponds to an increase of 3.5% on an annual basis, and 11% of total exports of goods and services. The result was determined by a […]<\/p>\n","protected":false},"author":2,"featured_media":5806,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[87],"tags":[],"yoast_head":"\n