Italy’s Exports Rise by 3.5% in February 2025; Trade Surplus Reaches €4.47 Billion

In February 2025, Italy’s seasonally-adjusted exports increased by 3.5% month-on-month (MoM), while imports grew by 1.7%, according to official data released by Istat, the national statistics agency. Compared to February 2024, exports rose by 0.8% year-on-year (YoY) and imports saw a sharper increase of 4.1%.

Breaking down the monthly growth, exports to European Union (EU) countries climbed by 3.7%, while those to non-EU countries were up 3.2%. On the import side, EU imports rose by 2.4%, and non-EU imports increased by 0.8%.

Over the latest quarter, seasonally-adjusted data shows a 4% increase in exports and a 3% rise in imports compared to the previous quarter.

On a YoY basis, exports to EU nations grew by 3%, whereas exports to non-EU countries declined by 1.6%. Imports rose by 1% from EU nations and surged by 8.7% from outside the EU.

Italy recorded a trade surplus of €4,466 million in February. This includes a €361-million trade deficit with EU countries and a €4,827-million surplus with non-EU countries. When excluding energy-related trade, the surplus rises significantly to €9,466 million.

Import prices also saw an upward trend, increasing by 0.6% MoM in February. Prices rose by 0.2% for goods from the eurozone and by 1% for those from non-eurozone countries. Over the quarter, import prices climbed 0.8%—with a 0.5% decline in eurozone prices and a 2.1% increase in non-eurozone prices.

Year-on-year, import prices rose by 2.2%. Prices remained unchanged for eurozone imports but increased by 4.2% for non-eurozone imports.