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Italy’s export firms outperform domestic firms

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Italy’s exports have shown signs of recovery since May. In March and April, exports fell sharply. In May, there was an overall improvement, and exports from Italy rose month-on-month by some 35 percent, according to the National Institute of Statistics (ISTAT).

“The export recovery in May was determined more or less to the same degree by sales to European Union (33.7 percent) and to non-EU markets (36.5 percent),” ISTAT explained.

Data on June compared with May also confirmed “the recovery of exports towards non-EU destinations (14.9 percent),” it added.