Supply Chain Research

Italy’s exports fell 3% in October vs. a year earlier according to official figures, reversing two months of growth. There were lower exports across most major destination countries except Spain, China and Japan. The problem appears to be the value of exports rather than the volume. U.S.-bound exports increased 15%, Panjiva data shows, yet the euro value fell 2%. For November a mixture of a weaker euro vs. the dollar and increased consumer confidence – Italy’s exports to the U.S. are led by furniture and wine – show another 20% increase. That doesn’t mean the trade balance will benefit o...