Italy registers record trade surplus in 2016, Padoan vows more reform

Italy’s trade surplus hit a record 51.6 billion euros in 2016, according to figures from the Italian National Institute of Statistics (ISTAT) released on Feb. 16, the highest since it started tracking the figure in 1991, rising from a surplus of 41.8 billion in 2015.

If energy imports are excluded, the trade surplus was 78 billion last year, driven by exports to other EU countries, which rose 3 percent. The value of imports into Italy in 2016 fell 1.4 percent from the year previous, ISTAT said.

Read the rest of the story at our English-language news portal for Italy.


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