Export growth slows in May, +0.2% month-on-month, +4.1% year-on-year

Export growth slowed in May, showing

a 0.2% month-on-month rise and a 4.1% year-on-year gain, Istat

said Thursday.

In May 2026, imports are estimated to have shown stronger

quarterly growth (+1.5%) than exports (+0.2%), according to

Istat data. The stats agency said the modest monthly increase in

exports is the result of an increase in sales to non-EU

countries (+0.8%) and a reduction in those to the EU (-0.4%).

In the March-May 2026 quarter, compared to the previous quarter,

exports grew by 4.6% and imports by 7.2%.

In May 2026, exports grew by 4.1% year-on-year in value, while

they decreased by 2.4% in volume.

Exports grew more strongly in monetary terms for non-EU markets

(+6.8%) than for EU markets (+1.7%).

Imports grew 7.3% in value, much faster for non-EU markets

(+15.5%) than for EU markets (+1.3%); in volume, imports

decreased by 2.5%.

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