Italy's trade balance reached in 2023 a surplus of 34 billion euros. The trade balance measures the difference between a country's exports and imports. A surplus indicates that a nation exports more than it exports, while a deficit means that imports are higher than exports. In 2022, Italy recorded a deficit of 34 billion euros.
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Italy's trade balance reached in 2023 a surplus of 34 billion euros. The trade balance measures the difference between a country's exports and imports. A surplus indicates that a nation exports more than it exports, while a deficit means that imports are higher than exports. In 2022, Italy recorded a deficit of 34 billion euros.