Overview In Third Quarter 2024 Italia Meridionale exported $8.51B and imported $9.87B, resulting in a negative trade balance of $1.37B. Between Third Quarter 2023 and Third Quarter 2024 the exports of Italia Meridionale have decreased by $-1.05B (-11%) from $9.56B to $8.51B, while imports increased by $154M (1.58%) from $9.72B to $9.87B.
Trade In Third Quarter 2024, the top exports of Italia Meridionale were Basic pharmaceutical products and pharmaceutical preparations (€1.99B), Food products (€1.58B), Motor vehicles, trailers and semi-trailers (€1.05B), Machinery and equipment nec (€485M), and Agricultural, animal and hunting products (€451M). In Third Quarter 2024 the top imports of Italia Meridionale were Chemicals (€2.15B), Food products (€1.03B), Metallurgy products (€949M), Agricultural, animal and hunting products (€609M), and Machinery and equipment nec (€493M).
Destinations In Third Quarter 2024, Italia Meridionale exported mostly to Switzerland (€1.73B), Germany (€1.34B), United States (€1.03B), Spain (€510M), and United Kingdom (€462M), and imported mostly from China (€2.8B), Germany (€1.05B), Spain (€704M), United States (€426M), and Netherlands (€356M).
Growth In Third Quarter 2024, the decrease in Italia Meridionale's year-by-year exports was explained primarily by an decrease in exports to United States (€-478M or -31.8%), Germany (€-254M or -15.9%), and United Kingdom (€-146M or -24.1%), and product exports decrease in Motor vehicles, trailers and semi-trailers (€-929M or -46.9%), Computer and electronic and optical products;... (€-146M or -42.3%), and Coke and products derived from petroleum... (€-123M or -79.8%). In Third Quarter 2024, the increase in Italia Meridionale's year-by-year imports was explained primarily by an increase in imports from China ($1.18B or 73.1%), Bulgaria ($152M or 99.7%), and Kazakhstan ($55.4M or 38.6%), and product imports increase in Metallurgy products (€276M or 40.9%), Chemicals (€257M or 13.6%), and Food products (€148M or 16.8%).