100+ datasets found
  1. Italy: ROI of manufacturing industry 2017-2023

    • statista.com
    Updated Aug 30, 2024
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    Statista (2024). Italy: ROI of manufacturing industry 2017-2023 [Dataset]. https://www.statista.com/statistics/1010945/roi-of-italian-manufacturing-industry/
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    Dataset updated
    Aug 30, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Italy
    Description

    The data provided by Prometeia reveal that the return on investment of the Italian manufacturing industry peaked in 2018 at 8.5 percent. In the following years, the manufacturing industry was expected to keep on performing quite well in terms of investments profitability, given that the ROI was forecasted to remain stable at around 8.2 percent until 2023. Also, the return on equity (ROE) – the other profitability indicator – peaked in 2018 at 8.8 percent. Thereafter, the ROE was expected to gradually decrease and to reach 7.9 percent in 2020. According to the source, this decline may be attributed to the weakening of tax incentives.
       Annual growth rate of the Italian manufacturing industryRegarding the output of the manufacturing industry in Italy, in 2018, the turnover amounted to 897,313 million euros and it was expected to keep on growing until 2023. Nonetheless, the most remarkable increase was recorded in 2017 and 2018, whereas in the following years the year-on-year growth was forecasted to be less significant.
      Annual trade balance of the Italian manufacturing industry Lastly, the projections about the international trade of the Italian manufacturing industry depict a quite steady scenario until 2020. In this year the trade balance was expected to amount to 91,486 million euros, whereas it was forecasted to achieve 98,097 million euros between 2021 and 2023.

  2. T

    Italy Manufacturing Production

    • tradingeconomics.com
    • ko.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Italy Manufacturing Production [Dataset]. https://tradingeconomics.com/italy/manufacturing-production
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    csv, excel, json, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1991 - Apr 30, 2025
    Area covered
    Italy
    Description

    Manufacturing Production in Italy decreased 1.79 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Italy Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  3. M

    Italy Manufacturing Output

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). Italy Manufacturing Output [Dataset]. https://www.macrotrends.net/global-metrics/countries/ita/italy/manufacturing-output
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    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Italy
    Description
    Italy manufacturing output for 2023 was 353.62 billion US dollars, a 9.73% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>Italy manufacturing output for 2022 was <strong>322.26 billion US dollars</strong>, a <strong>3.76% decline</strong> from 2021.</li>
    <li>Italy manufacturing output for 2021 was <strong>334.84 billion US dollars</strong>, a <strong>21.25% increase</strong> from 2020.</li>
    <li>Italy manufacturing output for 2020 was <strong>276.15 billion US dollars</strong>, a <strong>7.63% decline</strong> from 2019.</li>
    </ul>Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
    
  4. T

    Italy Industrial Production

    • tradingeconomics.com
    • ko.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jan 4, 2025
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    TRADING ECONOMICS (2025). Italy Industrial Production [Dataset]. https://tradingeconomics.com/italy/industrial-production
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    csv, xml, json, excelAvailable download formats
    Dataset updated
    Jan 4, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1991 - Apr 30, 2025
    Area covered
    Italy
    Description

    Industrial Production in Italy increased 0.30 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Italy Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  5. Italy: trade balance of Italian manufacturing industry 2017-2023

    • statista.com
    Updated Aug 30, 2024
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    Statista (2024). Italy: trade balance of Italian manufacturing industry 2017-2023 [Dataset]. https://www.statista.com/statistics/1011775/trade-balance-of-italian-manufacturing-industry/
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    Dataset updated
    Aug 30, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Italy
    Description

    The statistic shows the trade balance of the Italian manufacturing industry from 2017 to 2018, as well as the estimated figures for the years 2019 and 2020 and the three-year-period 2021-2023. According to data provided by Prometeia, in 2018, the trade balance of the manufacturing industry amounted to 88,859 million euros.

  6. Y-o-Y industrial production growth rate in Italy 2024, by industrial...

    • statista.com
    • ai-chatbox.pro
    Updated Jan 22, 2025
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    Statista (2025). Y-o-Y industrial production growth rate in Italy 2024, by industrial groupings [Dataset]. https://www.statista.com/statistics/1097916/year-on-year-industrial-production-growth-index-by-industrial-groupings-in-italy/
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    Dataset updated
    Jan 22, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Italy
    Description

    In November 2024, industrial production in Italy overall decreased by 1.5 percent compared to November 2023. Manufacturing of transport equipments and petroleum products recorded a drop by more than ten percent. On the contrary, electricity, and pharmaceuticals registered the highest growth rates. Impact on consumption and production The spring of 2020 recorded a very sharp decrease in industrial production and consumption. In terms of industrial production, some of the most impacted sectors by the coronavirus were the manufacture of textiles, apparel, leather, and accessories, as well as the manufacture of transport equipment. Similarly, consumption volume increased in March 2021 compared to one year ago. During the pandemic, the sectors of air transportation and leisure activities saw some of the largest drops in consumption. Recovery after COVID-19 Italy's economy has been strongly hit by the coronavirus pandemic, with Italy's GDP dropping consistently in 2020. Additionally, Italian exports are estimated to have decreased by over 15 percent. However, 2021 seems to be a year of recovery. The GDP is estimated to grow from three to four percent. The exports and imports are going to increase as well. Nevertheless, the next two years might experience an increase in unemployment rate, particularly during 2021.

  7. F

    Production, Sales, Work Started and Orders: Production Volume: Economic...

    • fred.stlouisfed.org
    json
    Updated Jun 17, 2024
    + more versions
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    (2024). Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Italy [Dataset]. https://fred.stlouisfed.org/series/ITAPROINDQISMEI
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    jsonAvailable download formats
    Dataset updated
    Jun 17, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Italy
    Description

    Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Italy (ITAPROINDQISMEI) from Q1 1955 to Q1 2024 about Italy, IP, and indexes.

  8. F

    Percent of Employment in Manufacturing in Italy (DISCONTINUED)

    • fred.stlouisfed.org
    json
    Updated Jun 10, 2013
    + more versions
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    (2013). Percent of Employment in Manufacturing in Italy (DISCONTINUED) [Dataset]. https://fred.stlouisfed.org/series/ITAPEFANA
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    jsonAvailable download formats
    Dataset updated
    Jun 10, 2013
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    Italy
    Description

    Graph and download economic data for Percent of Employment in Manufacturing in Italy (DISCONTINUED) (ITAPEFANA) from 1970 to 2012 about Italy, percent, manufacturing, and employment.

  9. T

    Italy GDP From Industry

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    + more versions
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    TRADING ECONOMICS, Italy GDP From Industry [Dataset]. https://tradingeconomics.com/italy/gdp-from-manufacturing
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    json, excel, csv, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1996 - Mar 31, 2025
    Area covered
    Italy
    Description

    GDP from Manufacturing in Italy increased to 69343.40 EUR Million in the fourth quarter of 2024 from 69138.50 EUR Million in the third quarter of 2024. This dataset provides - Italy Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  10. T

    Italy Industry Sales MoM

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +12more
    csv, excel, json, xml
    Updated Jun 27, 2025
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    TRADING ECONOMICS (2025). Italy Industry Sales MoM [Dataset]. https://tradingeconomics.com/italy/manufacturing-sales
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 29, 2000 - Apr 30, 2025
    Area covered
    Italy
    Description

    Manufacturing Sales in Italy increased to 1.50 percent in April from -1.60 percent in March of 2025. This dataset provides - Italy Industry Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  11. Export growth of the manufacturing sector in Italy 2023-2024, by category

    • ai-chatbox.pro
    • statista.com
    Updated Jan 28, 2025
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    Statista (2025). Export growth of the manufacturing sector in Italy 2023-2024, by category [Dataset]. https://www.ai-chatbox.pro/?_=%2Fstatistics%2F1203902%2Fexport-growth-of-manufacturing-sector-in-italy-by-category%2F%23XgboD02vawLZsmJjSPEePEUG%2FVFd%2Bik%3D
    Explore at:
    Dataset updated
    Jan 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Italy
    Description

    During the first semester of 2024, exports of the Italian manufacturing sector slightly grew by 0.1 percent compared to 2023. Specifically, exports of other manufacturing industries and food and beverage increased by the largest margin, while exports of leader products declined by twelve percent.

  12. Italy IT: GDP: % of Manufacturing: Machinery and Transport Equipment

    • ceicdata.com
    Updated Oct 17, 2014
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    CEICdata.com (2014). Italy IT: GDP: % of Manufacturing: Machinery and Transport Equipment [Dataset]. https://www.ceicdata.com/en/italy/gross-domestic-product-share-of-gdp/it-gdp--of-manufacturing-machinery-and-transport-equipment
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    Dataset updated
    Oct 17, 2014
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2003 - Dec 1, 2014
    Area covered
    Italy
    Variables measured
    Gross Domestic Product
    Description

    Italy IT: GDP: % of Manufacturing: Machinery and Transport Equipment data was reported at 29.353 % in 2014. This records an increase from the previous number of 29.110 % for 2013. Italy IT: GDP: % of Manufacturing: Machinery and Transport Equipment data is updated yearly, averaging 22.637 % from Dec 1967 (Median) to 2014, with 48 observations. The data reached an all-time high of 29.353 % in 2014 and a record low of 16.852 % in 1969. Italy IT: GDP: % of Manufacturing: Machinery and Transport Equipment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Machinery and transport equipment correspond to ISIC divisions 29, 30, 32, 34, and 35.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

  13. F

    Production, Sales, Work Started and Orders: Production Volume: Economic...

    • fred.stlouisfed.org
    json
    Updated May 15, 2024
    + more versions
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    (2024). Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Italy [Dataset]. https://fred.stlouisfed.org/series/PRMNTO01ITQ661N
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    jsonAvailable download formats
    Dataset updated
    May 15, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Italy
    Description

    Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Italy (PRMNTO01ITQ661N) from Q1 1955 to Q1 2024 about Italy, IP, and manufacturing.

  14. Number of enterprises in the manufacturing industry in Italy 2021-2023

    • statista.com
    Updated Jun 18, 2025
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    Statista (2025). Number of enterprises in the manufacturing industry in Italy 2021-2023 [Dataset]. https://www.statista.com/statistics/354332/number-of-enterprises-in-manufacturing-in-italy/
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    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Italy
    Description

    In 2023, the number of enterprises in the manufacturing industry in Italy was about 339.88 thousand. Between 2021 and 2023, the number of enterprises dropped by approximately 19.36 thousand.

  15. Primary Form Plastic & Synthetic Rubber Manufacturing in Italy - Market...

    • ibisworld.com
    Updated Aug 15, 2024
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    IBISWorld (2024). Primary Form Plastic & Synthetic Rubber Manufacturing in Italy - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/italy/industry/primary-form-plastic-synthetic-rubber-manufacturing/200448/
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    Dataset updated
    Aug 15, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2014 - 2029
    Area covered
    Italy
    Description

    The Primary Form Plastic and Synthetic Rubber Manufacturing industry has contended with stringent recycling targets and plastic bans, curbing sales in an already economically challenging environment. France's ban on plastic packaging for fresh produce and plastic taxes in Italy and Spain have spurred innovation in sustainable materials and thwarted demand for traditional plastics. Plastic producers have also confronted shrinking sales and profit amid lofty and persistent inflation and volatile oil prices. Over the five years through 2024, revenue is projected to fall at a compound annual rate of 4.9% to €125 billion, with revenue falling 5.8% in 2024 alone. A surge in 3D printing technology and automation has improved operational efficiencies and sparked a need for specialised plastic and synthetic rubber suitable for 3D printing applications. Stringent environmental regulations have pressured manufacturers to innovate or risk falling behind. Producers that have failed to innovate with biodegradable and recyclable materials have faced dwindling sales, while those that have invested in R&D have been met with elevated costs. Demand for thermoplastics will continue to wane, although manufacturers will benefit from cooling inflation. The rise in investment for smart materials will help offset some sales declines. These materials, which adapt properties in response to external stimuli, will unlock new markets for manufacturers. Smart materials have potential applications spanning various sectors — from automotive to healthcare — offering a lifeline to manufacturers, especially as environmental regulation heats up. Over the five years through 2029, revenue is expected to expand at a compound annual rate of 2.1% to reach €138.9 billion.

  16. Italy Textile Industry - Companies, Manufacturers & Statistics

    • mordorintelligence.com
    pdf,excel,csv,ppt
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    Mordor Intelligence, Italy Textile Industry - Companies, Manufacturers & Statistics [Dataset]. https://www.mordorintelligence.com/industry-reports/italy-textile-manufacturing-industry-study-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2020 - 2030
    Area covered
    Italy
    Description

    The Market Report Covers Italy Textile Manufacturing Companies and is Segmented by Application Type (Clothing Application, Industrial Application, and Household Application), By Material (Cotton, Jute, Silk, Synthetics, and Wool), By Process (Woven and Non-woven). The market size and forecasts for Italy's Textile Manufacturing market are provided in terms of value (USD Billion) for all the above segments.

  17. T

    Italy Industrial Production MoM

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 10, 2025
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    TRADING ECONOMICS (2025). Italy Industrial Production MoM [Dataset]. https://tradingeconomics.com/italy/industrial-production-mom
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Jun 10, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 29, 1960 - Apr 30, 2025
    Area covered
    Italy
    Description

    Industrial Production in Italy increased 1 percent in April of 2025 over the previous month. This dataset provides the latest reported value for - Italy Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  18. T

    Italy - Manufacturing, Value Added (% Of GDP)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 1, 2017
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    TRADING ECONOMICS (2017). Italy - Manufacturing, Value Added (% Of GDP) [Dataset]. https://tradingeconomics.com/italy/manufacturing-value-added-percent-of-gdp-wb-data.html
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    Jun 1, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Italy
    Description

    Manufacturing, value added (% of GDP) in Italy was reported at 15.37 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Italy - Manufacturing, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

  19. Italy Industrial Production Index Growth

    • ceicdata.com
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    CEICdata.com, Italy Industrial Production Index Growth [Dataset]. https://www.ceicdata.com/en/indicator/italy/industrial-production-index-growth
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    May 1, 2022 - Apr 1, 2023
    Area covered
    Italy
    Description

    Key information about Italy Industrial Production Index Growth

    • Italy Industrial production fell 7.0 % YoY in Apr 2023, following a drop of 3.2 % YoY in the previous month.
    • Italy Industrial production index growth rate YoY data is updated monthly, available from Jan 1954 to Apr 2023, with an average rate of 2.6 %.
    • The data reached an all-time high of 79.1 % in Apr 2021 and a record low of -44.0 % in Apr 2020.

    CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. Italian National Institute of Statistics provides Industrial Production Index with base 2015=100. Industrial Production Index Growth prior to January 1991 is calculated from Industrial Production Index with base 2010=100 sourced from the International Monetary Fund.

  20. Motor Vehicle Manufacturing in Italy - Market Research Report (2015-2030)

    • ibisworld.com
    Updated May 4, 2025
    + more versions
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    IBISWorld (2025). Motor Vehicle Manufacturing in Italy - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/italy/industry/motor-vehicle-manufacturing/200187
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    Dataset updated
    May 4, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    Italy
    Description

    European car production is greatly affected by household income and consumer and business confidence levels, which dictates private and fleet sales at dealerships. The level of business confidence and expansion plans influence fleet sales and orders from road freight operators. Overall, car manufacturing revenue in Europe is forecast to rise at a compound annual rate of 2.3% over the five years through 2025 to €1.2 trillion, including growth of 0.8% in 2025. Squeezed household income has driven down dealership orders in recent years, weighing on output and revenue growth. Data from the European Automobile Manufacturers’ Association shows that car production shot up by 10.2%, in 2023 as it came out of a pandemic-induced low. Car makers have contended with semiconductor shortages, which altered and led to suspensions in production schedules between 2021 and 2023. The disruption and higher costs of car parts resulted in a 6.2% decline in production in 2024, as reported by the European Automobile Manufacturers’ Association, hitting profit. The fall in orders of diesel vehicles in most markets in favour of plug-in hybrids and pure electric vehicles contributed to a fall in output as the automotive sector transitions. In 2025, the industry faces the threat of tariffs imposed by the US and likely retaliatory tariffs from the EU, which will raise costs and reduce exports to the US, a crucial market for EU car makers. Revenue is forecast to expand at a compound annual rate of 4.4% over the five years through 2030 to €1.4 trillion. Environmental policies will drive car production further towards alternatively fuelled vehicles, significantly reducing petrol and diesel vehicle production, especially with an upcoming ban on the sale of new petrol and diesel vehicles across the EU from 2035. Some countries have gone even further - the Netherlands, the UK, Germany, France and Spain will ban selling new petrol and diesel vehicles from 2030. As a result, many EU producers have announced plans to only make hybrid and plug-in electric vehicles. Car makers will benefit from efforts by EU governments to reduce carbon emissions, leading to funding for chargepoints, which should drive up electric vehicle uptake.

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Statista (2024). Italy: ROI of manufacturing industry 2017-2023 [Dataset]. https://www.statista.com/statistics/1010945/roi-of-italian-manufacturing-industry/
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Italy: ROI of manufacturing industry 2017-2023

Explore at:
Dataset updated
Aug 30, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Italy
Description

The data provided by Prometeia reveal that the return on investment of the Italian manufacturing industry peaked in 2018 at 8.5 percent. In the following years, the manufacturing industry was expected to keep on performing quite well in terms of investments profitability, given that the ROI was forecasted to remain stable at around 8.2 percent until 2023. Also, the return on equity (ROE) – the other profitability indicator – peaked in 2018 at 8.8 percent. Thereafter, the ROE was expected to gradually decrease and to reach 7.9 percent in 2020. According to the source, this decline may be attributed to the weakening of tax incentives.
   Annual growth rate of the Italian manufacturing industryRegarding the output of the manufacturing industry in Italy, in 2018, the turnover amounted to 897,313 million euros and it was expected to keep on growing until 2023. Nonetheless, the most remarkable increase was recorded in 2017 and 2018, whereas in the following years the year-on-year growth was forecasted to be less significant.
  Annual trade balance of the Italian manufacturing industry Lastly, the projections about the international trade of the Italian manufacturing industry depict a quite steady scenario until 2020. In this year the trade balance was expected to amount to 91,486 million euros, whereas it was forecasted to achieve 98,097 million euros between 2021 and 2023.

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