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Italian exports to US rise 7% in 2025 despite Trump's tariffs

- - Italian exports to US rise 7% in 2025 despite Trump's tariffs

ReutersFebruary 17, 2026 at 4:43 AM

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Shipping containers are stacked at the container terminal in the port of Ravenna, Italy, September 19, 2025. REUTERS/Michele Lapini/File Photo

Feb 17 (Reuters) - Italian exports to the United States rose by more than 7% last year, data showed on Tuesday, despite tariffs imposed by President ‌Donald Trump in July which had triggered fears of a major dampening impact.

Imports ‌from Italy, the European Union's third-largest economy, are subject to a 15% tariff imposed on most EU goods, ​with additional duties threatened against pasta makers amid an anti-dumping probe from the U.S. Commerce Department.

Nonetheless, Italian exports to the U.S. totaled 69.6 billion euros ($82.41 billion) in 2025, up 7.2% from the year earlier, national statistics bureau ISTAT reported.

Italy's trade surplus with the United States, ‌at 34.2 billion euros, was the ⁠largest surplus it posted with any country last year, though it was down 12% year-on-year due to a 36% annual jump in imports.

Italy ⁠also registered particularly large trade surpluses in 2025 with Switzerland and the United Kingdom, each amounting to more than 19 billion euros.

The 15% U.S. import tariff announced in a deal with ​the ​EU on July 27 came at the end ​of protracted negotiations involving threats by ‌Trump of even higher duties which had sparked volatility on financial markets and alarm among exporters.

The head of Italian business lobby Emanuele Orsini warned in July that even a tariff of 10% on EU products could reduce Italian exports to the U.S. by 20 billion euros in 2026 and cost 118,000 jobs.

In December alone, Italian exports to the US ‌totaled 5.6 billion euros, down 0.4% from the ​same month of 2024, ISTAT said.

The country's exports to ​the U.S. have continued to expand ​on average since the tariffs took effect in August, despite a ‌volatile monthly trend.

Overall, Italy posted a trade ​surplus with the rest ​of the world of 6.0 billion euros ($7.15 billion) in December, compared with a surplus of 5.1 billion euros in the same month of 2024, ISTAT said.

In 2025 ​as a whole, it recorded ‌a global trade surplus of 50.7 billion euros, compared to a surplus ​of 48.3 billion euros the year before.

($1 = 0.8445 euros)

(Reporting by Enrico Sciacovelli, additional ​reporting Claudio Piacquadio, editing by Gavin Jones)

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Source: “AOL Money”

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