Italy posts 3.666 bln euros trade deficit in April

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June 17 (Reuters) – Italy posted a trade deficit with the rest of the world of 3.666 billion euros ($3.86 billion) in April, compared with a surplus of 5.871 billion euros in the same month of 2021, data showed on Friday.

Exports rose 14.9% year-on-year, and imports increased 42.4%, national statistics office ISTAT reported.

With European Union countries, Italy registered an April trade deficit of 955 million euros ($1.00 billion), compared with a surplus of 1.013 billion euros in 2021.

Exports to EU nations in April were up 17.7% year-on-year, compared to a rise of 27.7% in imports.

($1 = 0.9503 euros)

(Reporting by Agnese Stracquadanio, editing by Maria Pia Quaglia)

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