Italy-Germany, trade declines with the economic slowdown. “But 2023 is the second best year ever”

MILANO – Germany is immersed in a period of economic slowdown which is causing concern and in fact the trade data of our companies are affected. They were presented by the Italian-German Chamber of Commerce (Ahk Italien): Berlin remains our main economic partner, both in terms of exports (74.6 billion) and imports (89.7 billion), with a partnership that in 2023 reached the value of 164.3 billion.

But compared to 2022, there was a drop of 3.7% in exports and 1.4% in imports, with a decrease in the commercial partnership of 2.5% compared to the period of a year.

Also for 2023, the detachment of Germania compared to our second trading partner, the Franceremains net, with a difference of 54 billion.

“Although recording a decline compared to 2022, we remain in years of growth overall for the Italian-German economic partnership – the managing director Ahk Italien declared in a note, Jorg Buck -. Even in a context of recession, we note how the post-pandemic years have given more and more evidence of a structural co-production relationship between our two countries, with results well above the 127 billion in 2019. 2023 thus gives us back the second highest result ever.”