Italy’s exports increased by 11 percent between 2011 and 2015 (as of July), benefitting from two major macroeconomic developments: the global recovery and the depreciation of the euro. Beyond the EU common market, the United States continues to be Italy’s first strategic trading partner due to its higher than average willingness to spend its growing purchasing power on Italian products and its appreciating currency. Furthermore, in view of the emerging economies’ current slowdown, trade relations with the United States and the Transatlantic Trade and Investment Partnership (TTIP) are set to be of critical importance for the success of the “special export promotion plan” announced by the Italian Government.
Presented at the conference on "The European Union and the Transatlantic Trade and Investment Partnership: Managing Globalization?", organised in Rome on 25 November 2015 by the IAI in cooperation with LUISS School of Management and German Marshall Fund of the United States.
1. Italy’s positive export record
2. The uneven effects of euro depreciation on Italian exports
3. The US is Italy’s first strategic partner in international trade
4. The importance of TTIP for the future of Italian trade