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Italy’s U.S. exports rose last year despite tariffs, report shows

By Thomson Reuters Mar 23, 2026 | 4:04 AM

ROME, March 23 (Reuters) – Italy was the only major European Union economy to record a significant increase in exports to the United States ​in 2025 despite the tariffs introduced by President ‌Donald Trump, official statistics showed on Monday.

Italian goods exports to the U.S. rose 7.2% year-on-year, while Germany and Spain’s exports fell by more than 9% and French ones dipped by ‌0.9%, ​Italian statistics agency ISTAT said in ⁠a report on industry ⁠competitiveness.

The agency noted that Italy’s international trade remained resilient, with a surplus of 50.7 billion euros ($58.48 billion) in 2025, as goods exports grew by 3.3% ​and imports by 3.1%.

It however said that Italy’s exposure to non-EU markets, including the U.S., was higher ⁠compared to other major EU ⁠economies, in a likely source of ​vulnerability as the global trade environment becomes increasingly unstable.

The value ​of Italian imports from China jumped 16.4% in ‌2025 to a record 60.6 billion euros, pushing China’s share of total Italian imports to 10.3%, higher than that recorded by Germany, France or Spain, ISTAT ⁠said.

The value of Chinese-sourced productive inputs for Italian manufacturing has risen 60% since 2017. Imports of Chinese pharmaceuticals alone rose ⁠by 934% ‌last year to over 7.7 billion euros.

Italy’s ⁠strategically-important imports, such as energy products, ​account for ‌around 20% of the total and ​are exposed ⁠to geopolitical risks, ISTAT said.

Without explicitly naming the countries in question, the Rome-based agency noted that 60% of Italy’s strategic imports come directly from countries with “medium” or “high” political risk levels.

($1 = 0.8670 euros)

(Reporting by Antonella Cinelli, editing ​by Alvise Armellini)