International markets and Verona: all the numbers of import-export

The Chamber of Commerce of Verona has published the report “Verona nel Mondo” (Verona in the world), that reached its 14th edition this year. This document shows the main trends about trade flows of Verona’s companies with foreign countries, pointing out which productions and target markets are the most profitable.  

In 2018, the export total amount of Verona was € 11.4 billion, recording a +1.2%. For this reason, Verona is ranked 10th among the Italian cities (with a 2.5%), and it’s the 3rd one among the Veneto’s provinces.

Regarding export, Istat’s data compared to 2017 register:

• +5.8% for machinery;
• -0.5% for food products;
• +9.4% for textile-clothing;
• -0.4% for beverage (mainly wine);
• +1.7% for footwear;
• +10.0% for tanks and radiators.

Once again in 2018, these countries are the most profitable target markets for Verona’s export:

• Germany, with € 1.9 billion exported;
• France, with more than € 1 billion;
• UK, with € 708.8 million;
• US, with € 670.3 million;
• Spain, with € 647.4 million.

Moreover, import is growing too compared to 2017 (+6.2%), registering:

• € 6.4 billion for transports (+5.7%);
• € 1.8 billion for food products (+4.3%);
• € 1.4 billion for textile-clothing-leatherwear (+3.8%);
• € 951.4 million for metallurgy (+14.1%);
• € 821.1 million for machinery and equipment (+1.6);
• € 744.4 million for agricultural, farming and haunting products (+0.2%);
• € 680.5 million for chemicals (+6.9%).

Finally, the main supply markets for Verona’s import are:

• Germany, with € 6.6 billion imported;
• Spain, with € 972.3 million;
• France, with € 755.4 million;
• China, with € 590.8 million;
• Netherlands, with € 544.7 million.

For further information, download the report here.

Credit by www.vr.camcom.it