Export outside the EU in net growth in February, to 2.84 billion surplus – BorsaInside

Exports to non-EU countries registered a sharp increase. Image: Shutterstock

L ‘ Istat announced today that exports to the countries outside the EU rose in February by 4.5%.

The statistical office noted that the growth in exports was driven by capital goods (+ 13.7%) and is largely due to the sale of means of maritime navigation. Sales of durable consumer goods (+ 5.5%) and energy (+ 2.4%) are expanding from the previous month.

On an annual basis exports increased by 7.1% in february. The increase was driven by capital goods (+ 19.9%) and, to a lesser extent, intermediate products (+ 4.6%). Sales of energy instead fell significantly (-23.9%). Net of the means of sea transport, the trend increase in exports amounted to +3.3%.

The import EU member countries rose last month, compared to January of ‘ 1.1%. The increase economic import was supported by capital goods (+ 9.5%), while energy (-1.6%) and intermediate products (-0 , 4%) fell modestly.

On an annual basis, imports were down 4.1%. Energy purchases plummeted (-32.7%). Excluding this component, purchases from non-EU countries are booming (+10.4%).

In February the trade surplus stood at € 2.84 billion, a sharp increase compared to the same month of the previous year (€ 1.34 billion). The surplus in the exchange of non-energy products amounted to € 5 billion compared to € 4.7 billion in February 2014.