In 2022 Italian exports grew by 19.9%
in value while imports grew by 36.5%, ISTAT said Thursday.
Import prices rose 18.5% last year, the biggest gain since 2005
on energy hikes linked to the Ukraine war, it said.
The trade deficit fell to 31 billion euros last year from 40
billion in 2021 but the energy deficit soared from 48.4 billion
to 111.3 billion, ISTAT said.
The increase in exports was driven in particular by sales of
non-durable consumer goods and intermediate goods, the national
statistics institute said.
The imports boom is explained above all by higher purchases of
energy products, it said.
Energy import price hikes have soared since the Russian invasion
of Ukraine.
But the price of oil and gas has recently begun to fall back
again.
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