After years of sustained growth, Tuscan exports are now at a standstill. In fact, in 2016, the slight increase in the aggregated data is set against a reduction of sales, net of gold and oil-refining products. The region’s foreign sales dynamic falls within – and strengthen – a national trend of widespread slowdown, caused by the persistent weak global demand.
The regions more open to international trade have all witnessed a falling off of exports volumes. The mostly adversely affected sectors are those producing flagship manufacturing goods, such as Florence’s machinery and Arezzo’s leather industry. As to the destination areas, the positive results obtained in the European and North-American markets are counterbalanced by bad performances in Asia and in the emerging markets.
Author: Tommaso Ferraresi and Leonardo Ghezzi; statistics provided by Massimo Donati
Attachments: Downloadable report
Publication details: IRPET, 2017