New Delhi – Italy-India bilateral trade for 2014 shows signs of a slight recovery, both in imports and exports. The news comes after two especially critical years that saw a 16.6% decline in trade in 2012 and of 2.05% in 2013 (with -10.4% in 2012 and -11.1% in 2013 for Italian exports to India, and -21.6% and +6.05% of Italian imports from India). 2014 closes with a positive sign on all components: exports to India amounted to €3.04 billion (+2.3% compared to 2013, which amounted to €2.97 billion); import from India amounted to €4.16 billion euro (+4.6% compared to 2013, which amounted to €3.97 billion); total trade was €7.2 billion (+3.6% compared to 2013’s €6.95 billion); while the Italian balance deficit was substantially unchanged – €1 billion in 2013, € 1.1 billion in 2014. (9Colonne)
