Italy's non-EU trading deficit decreased sharply

Note: This section contains information in English only.
Source: Forex Journal
Italy's trading deficit with non-EU countries decreased by EUR 1.6b in April in comparison to the same period last year and was EUR 904m. Export to non-EU countries increased by 2.3% in comparison to April 2012 and reached EUR 13.9b. Imports from non-EU countries to Italy decreased by slightly more than 8% from the same period last year and was EUR 14.8b. In the first quarter of this year Italy's trade balance with non-EU countries was in deficit of EUR 7.05b, almost twice lower than in the first quarter 2011. 
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