Independent journal on economy and transport policy
07:55 GMT+1
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Italy's trade balance deficit decreased slightly in 2019
Bank of Italy Annual Survey
June 3, 2020
In particular, the average costs per tonne of road transport remained stable on average, with an increase in those full load and a reduction in load rates Partial. In the rail sector, on the other hand, the number of particularly in the bulk sector. In air transport, the reduction in average costs have been significant, especially for in relation to the decline in volumes transported. In maritime sector there has been a moderate increase in costs in euros per tonne, also due to the depreciation on average year of the euro/dollar exchange rate (ship rates - remembers the Report of the Bank of Italy - are generally referred to in dollars).
In 2019, the deficit in the balance of merchant transport Italy decreased slightly compared to the year (-5.9 billion euros), despite market share of the resident carriers have fallen in almost all sectors, thanks to resumption of foreign activity by Italian shipowners. As part of the transport services, which also include the international passenger and mail movement, in 2019 the merchant component accounted for about 60% of the deficit Total.
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