Italian F&B exports surge by 8% in the first 8 months of 2023

Simultaneous with the Italian Cuisine Week in the World, export sales have surpassed the €36.2 billion mark in terms of value
Italian F&B exports surge by 8% in the first 8 months of 2023

This year, the Italian Cuisine Week in the World coincided with yet another record in Italian food exports, which increased by +8% in the first eight months of 2023, reaching a value of 36.2 billion euros. This revelation stems from an analysis by the Italian farmers’ association Coldiretti, drawing insights from Istat’s foreign trade data. The announcement took center stage during the unveiling of the eighth edition of the Italian Cuisine Week in the World.

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According to Coldiretti’s projections, the momentum in the Italian food and beverage export sector is poised to propel it beyond the 2022 historic peak of €60.7 billion by the close of 2023. Among the main importing countries, the most significant growth in 2023 is reported in France, with a 13.5% increase in food exports, ahead of Germany (+11.3%), which remains the primary market. Concurrently, export figures to the United Kingdom reflect a growth of 11.2%. However, a cause for concern arises with a -2.5% dip in the United States, the main market beyond the EU borders.

Within the spectrum of exported products, Italian wine retains its reign as the foremost commodity, surpassing fresh fruits and vegetables, pasta, cheese, olive oil, and cured meats in prominence.

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