The impact of global recession on Italian food exports

In 2020 F&B was the only growing economic sector considering the demand from foreign countries
The impact of global recession on Italian food exports

In 2020 exports of Italy’s food and beverage products increased – in contrast to the trend of all other economic sectors (general decline of -10.8%) – growing by +1.4%. According to an analysis by Italian farmers association Coldiretti – based on Istat data on the first eleven months of 2020 – despite the Covid-19 pandemic the year just ended was a record year for Italian food exports.

The growth in demand for Italian food and beverages abroad was driven once again by Germany (+5.5%), Italy’s leading partner, followed by the USA (+5.2%) despite the additional duties that have affected some of Italy’s best-known products.

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Italian food has shown resilience in the face of the global health and economic crisis. Moreover, it can play a driving role for the whole of Italy’s economy” – says the president of Coldiretti, Ettore Prandini.

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