Istat data for March

Monthly record for Made in Italy exports. But Chinese car imports have tripled and are worth over half a billion

Made in Italy at 61.7 billion with France and Germany taking the lead. Purchases of cars from Beijing (+252%) exceed 10% of the total from the world

by Luca Orlando

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

A decisive spurt, with an all-time record in current values, which brings the 2026 balance back into positive territory. In March, Italy's exports reached an all-time monthly high of EUR 61.7 billion, up 7.4% year-on-year, progress also visible in volumes, up more than four points.

Visible progress in non-EU countries (+5.1%) but especially in Europe, with France and Germany growing by 9 and 8% respectively in terms of purchases of Made in Italy.

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Almost all sectors were positive, with the most significant growth achieved in the area of metals (+39%, boosted in values by the surge in prices), electronics (+17%) and cars (+16%).

In March, the economic trend, which is also positive, (+4.1%) is influenced by high-impact shipbuilding sales: net of these, Istat estimates a smaller economic increase of +2.8%. On an annual basis, more than half of the export growth is explained by increased sales of metals, particularly to Switzerland and France. With the arrival of this boost for4 the month of March, the balance of the first quarter becomes positive, with an average growth of 1.3%

In March, however, the effect of the US and Israeli attack on Iran is already well seen, with exports to Middle Eastern countries more than halved, a reduction approaching EUR 1.5 billion in absolute value.

Noteworthy, on the purchase front, is the continuous advance of car imports from China: whereas five years ago the order of magnitude of purchases was around ten million euro per month, we are now up to more than half a billion euro, with values more than tripling compared to 12 months earlier. At this point we are talking about more than 10% of the total car imports for the month. Looking at individual countries of origin, only purchases from Germany and Spain are higher in the March figures. With China overtaking France and the UK, as well as Poland, Turkey and the Czech Republic.

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The trade surplus (+€4,709m) remained broadly stable from a year earlier (+€4,706m). The energy deficit (-€3,934m; it was -€3,902m in March 2025) and the surplus in non-energy trade were also substantially stable at +€8,643m, up from +€8,608m in March 2025.

Positive, in light of the growth achieved by Made in Italy in March, are the government's comments.

'Even today, despite the crises, despite the tariffs,' explained Foreign Minister Antonio Tajani, 'Istat reports a strong increase in our exports and this, even as Minister of International Trade, fills me with joy because it means that our production system is working.

"The data released today by Istat," commented Italy's Minister of Enterprise and Made in Italy Adolfo Urso, "confirm the competitive capacity of Italy's production system, which once again demonstrates extraordinary resilience, continuing to strengthen itself even in times of crisis. Exports are growing despite the war and foreign investments in Italia are increasing: the country is increasingly attractive'.

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