Summary
In the first quarter of 2009, exports decreased by 27.7% and imports by 27.4%, comparing to the same period in the previous year (January to March 2008), leading to a decrease in the deficit of the trade balance.
An overview of the trade with Italy shows that both imports and exports decreased in the first quarter of 2009 (comparing to the same period in the previous year), in line with the trend of the international trade. However, since 2008 the exports to Italy registered a year-on-year downturn. However, Italy remains an important destination market and supplier of goods.