According to Confartigianato, they amount to 8.8 billion euros, i.e. at 95 million a day, the damage to Italian foreign trade accumulated between last November and the current month due to the crisis in the Red Sea, a value which, the Confederation pointed out, is the result of the calculation of the impact of the decline in ship traffic between the Indian Ocean and the Red Sea on the Italy's trade with Asia, Oceania, the of the Persian Gulf and southeastern Africa. In particular, in the In the last three months, Italy has lost €3.3 billion, or €35 million per day, for missed or delayed exports and €5.5 billion (€60 million per day) for the lack of sourcing of manufactured products.

Confartigianato specified that it had also measured the consequences of the crisis on Italian micro and small enterprises which, in Europe, they are the ones at greatest risk. Their share of exports manufacturing sector in non-EU countries - explained the Confederation - is in fact equal to 32.7% of the European total, with a value that is even double that of its counterparts German. In 2023, it amounted to €30.8 billion (equal to 1.5 points of GDP) the import-export flow of goods from the made in Italy with a greater presence of SMEs that transit through the Red Sea. In particular, exports of products with the increased contribution from small Italian companies to 10.8 billion, with the highest value of €4.2 billion, foodstuffs, followed by metal products (1.8 billion), other products, including jewellery and eyewear, 1.8 billion, fashion with 1.5 billion and wood and furniture with a billion. In addition to these sectors, there is a key sector exports made in Italy to the markets of emerging countries of Asia, that of machinery and equipment, which is also strongly presence of micro and small enterprises: in 2023 it was 11.6 billion the value of these Italian products transited by sea through the Suez Canal.

According to Confartigianato, the crisis also affects small and medium-sized enterprises companies in the transport sector. The Confederation stressed that in the 14 provinces in which the 15 largest ports with at least one million tonnes of goods handled through the Red Sea, €2.5 billion in turnover of the transport and logistics system, which has a total of 13,000 enterprises, of which 7,979 are road haulage companies, 1,136 enterprises in the maritime transport of goods and 5,683 enterprises in services of logistics.

"The escalation of the crisis in the Middle East - he said highlighted the president of Confartigianato, Marco Granelli - penalizes the Made in Italy system and the supply of Essential Products for Manufacturing Transformation exacerbating the slowdown in international trade. The effects of the Red Sea crisis, added to the monetary tightening in and the reactivation of the European fiscal rules, could have serious consequences for economic growth Italian. It is essential to put in place all the measures, starting with the implementation of the NRRP, to build trust and companies' propensity to invest and avert risk a slowdown in the expansionary employment cycle'.

Confartigianato has also calculated the impact of the Suez crisis on the exports of the Italian regions. The Highest Value of products transported by sea through the Red Sea is Lombardy, equal to €12.9 billion, followed by Emilia-Romagna with €9.4 billion, Veneto with €5.7 billion, Tuscany with 4.7 billion, Piedmont with 4.2 billion and Friuli-Venezia Giulia with two billion.