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Export, here are the sectors that hold up (and that collapse). Sace report

3 years ago babelfish

Export, here are the sectors that hold up (and that collapse). Sace report

The agri-food sector is holding on, a decline in textiles and instrumental mechanics: how the pandemic changes Italian exports according to the report of the Sace research office

The Covid-19 pandemic also affects Italian exports, which in the first months of 2020 showed a decline of 12.5% ​​on almost the entire national territory.

The food sector holds and, geographically speaking, the South holds, with Molise which recorded a growth in cross-border sales of 31.4%, according to data from the "Focus On" on territorial exports made by the Sace research office , which conducted an analysis on the export dynamics of Italian provinces and regions.

All the details.

THE NUMBERS OF EXPORT

Let's start with the general numbers. Exports, in the year of the pandemic, recorded a sharp decline of 12.5% ​​on almost the entire national territory in the first nine months of 2020, compared to the same period of 2019, according to data from the 'Focus On' on territorial export of Sace.

Only between July and September was there a recovery in sales abroad, at + 24.1% cyclically (almost at the levels of the first quarter of 2020).

A ZONE SUFFERING

On the geographical side, the South seems to be less affected by the crisis. Exports show “a less negative trend than the average in the South (excluding the Islands) thanks to the excellent performance of agri-food products”, reads the report, which adds that Molise even recorded a growth of 31.45.

Lombardy, Emilia-Romagna, Veneto, Tuscany and Piedmont, “while they continue to play leading roles for national exports, they have seen a decline in almost all export sectors, in particular in mechanics and in textiles and clothing; the agri-food sector, even in these regions, is the one that has been able to contain the negative effects most and in some cases even increase its sales across borders ”.

export

THE SUB-FUNDS THAT HOLD

Despite the pandemic shock , it is the agri-food sector, which has managed to keep growing. In Campania, Puglia, Abruzzo, Basilicata, Molise and Calabria the average growth rate of the food and beverage sector in the first nine months of 2020 was 10.1% compared to the same period of 2019, against the national average of 1.3%. The export of agricultural products is also growing, + 6.7%, thanks above all to Puglia.

Positive signs also for some product categories: the case of furniture from Forlì, the fashion sector of Arezzo, as well as agricultural machinery from Padua and Vicenza. In Tuscany, the metals sector and the pharmaceutical sector recorded growth of over 40%.

THE PERFORMANCE OF THE REGIONS IN THE AGRI-FOOD

And in particular, to hold the flag high, in the South, for the agri-food sector, is Molise, which recorded a significant growth in cross-border sales of 30.5%. Double-digit growth also for food exports from Basilicata (+ 19.3%) and Campania (+ 13.2%). Abruzzo and Puglia are also growing.

To do worse, for the sector, are Sardinia (-12.2%), Calabria (-9.2), Umbria (-7.6%), Sicily (-7.5%), Friuli, Venezia Giulia (- 4.8%). A negative sign also for Liguria, Veneto, Piedmont and Valle d'Aosta.

MECHANICS AND TEXTILE COLLAPSE

The textile and clothing sectors are down.

Exports also collapsed in mechanical engineering, with a contraction in all regions of Italy. Decisive losses in the sector, especially in Lombardy and Piedmont, for which the sector is significantly important.

THE SOUTH OPPORTUNITY?

That the export numbers in the midst of the pandemic crisis represent a new beginning for cross-border sales? Perhaps, it is certain that "The pandemic shock has highlighted even more the unexpressed potential of Southern Italy exports, potentials that could be developed in the near future both towards those who are already important trading partners (such as the United States, France and Germany) , and towards geographies still little known to southern products ”, says the Sace report.

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/export-ecco-i-settori-che-reggono-e-che-crollano-report-sace/ on Wed, 03 Feb 2021 14:22:05 +0000.