Trends

Italian food exports set a new record in 2018

With a 3% increase in the first quarter of the year, sales approached 10 billion sales

Italian food exports set a new historical record with a 3% increase in the first quarter of 2018, approaching for the first time the value of 10 billion euro. This is what emerges from an analysis by Coldiretti on Istat data for the first three months of the current year. This is an excellent result right at the beginning of the Year of Italian Food in the World, which confirms the potential of Made in Italy food products for the economic recovery and the employment rate of the country.

Italian food exports destinations

Almost two thirds of Italian agri-food exports concern the EU countries while relations with the United States, which are by far the most important market for Italian food outside the Union’s borders, are affected by the tug of war over trade tariffs between Trump and the rest of the world. This situation is made even more worrying by the fact that the United States, in absolute terms, is the third most important commercial market for Made in Italy food after Germany and France and before the UK, where the fears linked to Brexit are beginning to be felt. The trend on international markets could further improve with more effective protection against international commercial piracy, which now invoices 100 billion euros by misusing words, colors, locations, images, names, and recipes that refer to Italy for counterfeit products that have nothing to do with Italian food said the president of Coldiretti Roberto Moncalvo.

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