Italian Exports grew by 8% in May for a cumulative growth of 4% during the first 5 months of 2019

Export of our Made in Italy is confirmed as driving force of our economy. Representing about one third of the country’s GDP, every 1% of export growth translates into 0.3% growth in Italy’s overall GDP. In line with our strategy “Protection of Key Countries and Promotion of Emerging Countries”, a major push came from non-EU countries, where we have concentrated our institutional trips. Great performance of our export in the United States, from where we have just returned.

Germany’s concerns

The article written by Danilo Taino on Corriere della Sera repeats the same topics I’ve already treated in the past: the European Union is beginning to wake up from the torpor and it’s starting to understand that China has a model of economic development with which the EU cannot compete.