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North East Italy Drove Exports in 2014

According to Italy’s official statistics office, overall north eastern Italy led export growth in Italy in 2014. Italy’s Le Marche and Emilia-Romagna performed strongly.

In the fourth quarter of 2014, compared to the previous July-September 2014 period, in seasonally-adjusted terms, exports in north East Italy were up by 3.7%; central Italy saw an increase of 1.6%, and the nation’s north western area saw similar growth at +1.4%. In Italy’s South and Islands area, exports dropped by 0.3%.

In 2014, compared to 2013, exports increased by 3.5% in Italy’s north east, and were up by 3% in central Italy, with the north west of the nation seeing growth in exports of 2.2%. Despite the decline, overall, exports in Italy’s south grew by 1.1% compared to 2013 whereas the exports of Italy’s islands fell by nearly 14%.

In terms of export growth, the Italy’s central Le Marche and northern Emilia-Romagna regions performed the strongest with Le Marche generating a 7.5% increase and Emilia-Romagna seeing a 4.3% rise. With growth of 3.3%, Italy’s north western Piedmont region performed reasonably well too.

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Sicily and Sardinia did not perform as well as their mainland counterparts with exports falling 13.9% for Sicily and by 13.6% for Sardinia.

Source: ISTAT Exports of Italian Regions – .pdf download.

An update on Italy’s regional export situation should be available from ISTAT on June 11, 2015.

 

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