Italian Exports and the Transatlantic Trade and Investment Partnership

Abstract:

taly’s exports increased by 11 percent between 2011 and 2015 (as of July), benefitting from two major macroeconomic developments: the global recovery and the depreciation of the euro. Beyond the EU common market, the United States continues to be Italy’s first strategic trading partner due to its higher than average willingness to spend its growing purchasing power on Italian products and its appreciating currency.

Furthermore, in view of the emerging economies’ current slowdown, trade relations with the United States and the Transatlantic Trade and Investment Partnership (TTIP) are set to be of critical importance for the success of the “special export promotion plan” announced by the Italian Government.