FX.co ★ Italy’s Trade Surplus Narrows in April as Export Momentum Eases

Italy’s trade surplus narrowed in April 2026, pointing to a modest cooling in external demand or a relative pickup in imports. According to the latest data updated on 15 June 2026, the country’s trade balance slipped to 4.293 billion euros, down from 4.709 billion euros in March 2026.

While Italy continues to post a solid surplus, the month‑on‑month decline underscores a slight loss of momentum after a stronger performance in March. The April figure will be closely watched by market participants and policymakers as they assess the resilience of Italy’s export sector and its contribution to overall economic growth in the second quarter of 2026.