Italy - Balance of Goods





Italy: Balance of Goods

Mnemonic TRBG.IITA
Unit Millions of Euros, NSA
Adjustments Not Seasonally Adjusted
Monthly 10.56 %
Data Nov 2020 6,766
Oct 2020 7,564

Series Information

Source Italian National Institute of Statistics (ISTAT)
Release Foreign Trade
Frequency Monthly
Start Date 8/31/2002
End Date 11/30/2020

Italy: Trade

Reference Last Previous Units Frequency
Balance of Goods Nov 2020 6,766 7,564 Millions of Euros, NSA Monthly
Current Account Balance Nov 2020 7,109 8,049 Mil. EUR, NSA Monthly
Exports of Goods Nov 2020 40,927 42,404 Millions of Euros, NSA Monthly
Imports of Goods Nov 2020 34,161 34,839 Millions of Euros, NSA Monthly
Exports of Goods and Services 2020 Q3 127,941 97,524 Mil. EUR, CDASA Quarterly
Imports of Goods and Services 2020 Q3 107,482 91,241 Mil. EUR, CDASA Quarterly
Real Exports of Goods and Services 2020 Q3 123,753 94,711 Mil. Ch. 2015 EUR, CDASA Quarterly
Real Imports of Goods and Services 2020 Q3 111,362 96,116 Mil. Ch. 2015 EUR, CDASA Quarterly
Net Exports 2020 Q2 6,922 13,057 Mil. EUR, CDASA Quarterly
Real Net Exports 2020 Q2 -462 8,841 Mil. Ch. 2015 EUR, CDASA Quarterly

Release Information

The following is taken from Istat

Data are disseminated in millions of Euro and show: total dispatches (at f.o.b. values); total arrivals (at c.i.f. values); and the trade balance. The foreign trade surveys are realized on the basis of the special trade system.

The data cover all goods which add to, or subtract from, the resources of a country as a result of their movement into or out of the country. Concerning the types of goods to be included or excluded, international UN and Eurostat definitions and concepts are followed.

As in the other European countries, two systems of data collection coexisted i.e. Extra-stats and Intrastat.

The Extra-EU trade data are compiled on the basis of customs declarations. The Intra-EU trade data (INTRASTAT) are derived from surveys, the coverage of which as adopted by ISTAT is total. The survey is carried out as follows: VAT payees with annual Intra-EU commercial receipts greater than 150,000 Euro (Intra-EU Arrivals) or 200,000 Euro (Intra-EU Dispatches) are obliged to provide information on a monthly basis; all the other cases report annually.

The data are preliminary when first released and are subject to revision. The data become final within one year after the end of the reference year and are published in the annual "Commercio estero e attività internazionali delle imprese".

Timeliness is within one month after the end of the reference month for the Extra-EU trade data and within 7 weeks after the end of the reference month for the Intra-EU trade data.

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