APRIL 2022 17 MONTHLY STATISTICAL BULLETIN Exports and imports increased by 20.3% and 42.3%, respectively, in nominal terms In February 2022, year-on-year: • Exports and imports of goods registered nominal increases of 20.3% and 42.3%, respectively (+22.6% and +38.0% in the previous month, in the same order); Compared to February 2020, a month not yet affected by the Covid-19 pandemic, there were also significant increases: 23.2% in exports and 26.3% in imports; • The following increases stood out: » In exports and imports of Industrial supplies: 30.8% and 44.2%, respectively (+38.8% and +47.9% compared to February 2020); » In imports of Fuels and lubricants: 133.5% (+97.8% compared to February 2020); • Excluding Fuels and lubricants, exports increased by 17.5% and imports 31.6%, respectively (+19.8% and +30.4% in the previous month, in the same order); Compared to February 2020, also excluding Fuels and lubricants, exports increased by 19.7% and imports grew by 17.5%. Exports - Total (year-on-year rate of change) • The deficit of trade balance amounted to €2,154 million, which represents an increase of €1,412 million compared to the same month of 2021. Compared to February 2020 (-€1,585 million), the trade deficit increased by €569 million; • Excluding Fuels and lubricants, the deficit stood at €1,276 million, increasing by €807 million compared to February 2021 (+€102 million compared to the same month in 2020). In the quarter ended February 2022: • Compared with a year earlier, exports and imports of goods increased by 22.3% and 38.9% respectively (+21.0% and +36.6%, in the same order, in the quarter ended January 2022); • Compared with the quarter ended February 2020, there were increases of 16.1% in exports and 22.8% in imports. Imports - Total (year-on-year rate of change) 20.3% -60.0% -40.0% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 42.3% -60.0% -40.0% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0%
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