Italian food exports continued their upward trajectory in the first seven months of 2024, surpassing previous records and building on the €64 billion achieved at the close of 2023. According to a recent report by Coldiretti, the Italian farmers’ association, exports of Italian food and beverages to the U.S. surged by 30%. Other key markets also saw double-digit growth, with exports to France rising by 11%, the UK by 15%, China by 18%, and Russia by 28%. Germany posted a more modest increase of 9%.
In total, Italian food exports reached €40 billion over the period. Should this growth persist, the figure could approach €70 billion by year-end.
Wine remains Italy’s top food export, followed by processed fruits and vegetables, cheese (up 8%), pasta and grain products, fresh produce (up 6%), cured meats, and olive oil.