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Italy registers 30.4-bn-euro trade surplus for 2013

Positive balance due to 5.5% drop in imports

18 February, 12:04
Italy registers 30.4-bn-euro trade surplus for 2013 (ANSA) - Rome, February 18 - Italian exports exceeded imports by 30.4 billion euros in 2013, the national statistics institute said Tuesday.

This was the biggest trade surplus since 1996, Istat said.

Removing energy imports from the equation would nearly triple the figure to over 85 billion euros, the institute added.

The positive trade balance was due to a 5.5% drop in imports as the country struggled to emerge from the longest recession in over two decades.

Exports showed a drop of 0.1% over 2013, the worst result since 2009, Istat said.

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