The Limited Times

Now you can see non-English news...

Made in Italy: Sace, in 2021 exports + 11.3%, as pre-covid

2021-09-14T09:55:46.397Z


The rebound of the global economy will drive Made in Italy exports which will reach higher levels than those pre-pandemic. This was stated by Sace in the 2021 Export Report "Back to the future: anatomy of a post-pandemic recovery". (HANDLE)


(ANSA) - ROME, SEPTEMBER 14 - The rebound of the global economy will drag Made in Italy exports which will reach higher levels than those before the pandemic. This was stated by Sace in the 2021 Export Report "Back to the future: anatomy of a post-pandemic recovery".


   SACE estimates an 11.3% rebound in exports of goods, with full return to pre-pandemic levels as early as 2021 when sales will reach 482 billion. In 2022, growth will be 5.4%.


   and 4% in the following two years. This pace, almost one point higher than the pre-crisis average rate (+ 3.1%, on an annual average, between 2012 and 2019), will make it possible to reach the value of 550 billion in exports of goods in 2024.


   However, failure to contain the pandemic would force the global economy to slow down. In this scenario - Sace estimated - the growth of our exports would be more limited this year (+ 7.2%) and practically nil in 2022. The full recovery of Made in Italy sales in foreign markets would therefore be postponed to 2023.


   " crossing - he underlined - will be a watershed for our history. 2021 will be remembered as the year in which Italian exports resumed their growth path with double-digit results ", said the president of Sace Rodolfo Error.


    "We are recovering the strongest drop in product since the postwar period - said the Minister of Economy Daniele Franco who spoke at the presentation of the report -. It is important - he added - the vaccination process and contain the spread of the disease to consolidate the growth process". .


    Also according to the Sace study, "A full implementation of the structural reforms of the NRP and their maintenance over a medium-term horizon would" accentuate "the intensity of the growth of Italian GDP, especially in the last three years: in 2025 the national output would increase by 2.7 % as a reflection of the thrust of investments and reforms with positive repercussions on potential GDP ". Furthermore, the structural reforms of the PNRR would also increase the competitiveness of Italian companies active on foreign markets: the level of exports of goods, in value, in 2025 would in fact increase by 3.5% compared to the baseline scenario. (HANDLE).


Source: ansa

All life articles on 2021-09-14

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.