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Home Sito interno Archivio BigItaly focus - Inglese

Reggio’s economy soars with a boom in exports to the US

it@withub.it by it@withub.it
15 Dicembre 2015
in Archivio BigItaly focus - Inglese
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December 15th, 2015 – € 7 billion worth of exports for Reggio for the first nine months of 2015 (for a 3% increase compared to the first nine months of 2014). In the third quarter, the positive trend recorded in the previous months continued, with a real boom in exports to the United States. This was revealed by the Chamber of Commerce of Reggio Emilia in a statement. The good performance of exports to Europe – with a + 1.6% which brought the value of exports to the old continent to almost €5 billion – was in fact associated with a marked increase of export flows to the Americas that, with a + 14.1% and €832 million in products, is a more popular destination that the Asian continent. The United States, according to the analysis of the Research Department of the Chamber of Commerce on ISTAT data, revealed that in nine months in the US Reggio’s imported products amounted to €525.4 million, for an increase of 15.2%, becoming the third largest purchaser after Germany – to which are destined €971.4 million in goods (+ 3.4% from January to September 2015) – and France. The value of exports to France, while remaining above €900 million, fell by 3.7%. For European non-EU countries, there was a continuing decline in exports to Russia, which in January-September this year decreased by 33.2% over the same period of 2014, bringing the value to €174.6 million. With a 18.9% increase, direct sales to Turkey totaled €121.8 million. “The positive signs that continue to come from foreign markets – said in a statement the Chamber of Commerce – confirms the choices made under our strategy for the internationalization of companies of Reggio Emilia and their promotion in the world. In 2016, we have decided to invest €700 million in resources available to the local economy for the participation of enterprises in the province of Reggio Emilia in international trade fairs. ” (Red)

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