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The future of Italian exports: new forecasts for 2006-2010
Responses to increasing competition have been different across sectors
Unit average values and volumes of Italian exports of good a) (% changes; January-June 2006-January-June 2005)
a) The petroleum refined products sector is not shown in this chart because it would alter the scale. Data for such sector are: +43.4% unit average values; -12,4% volumes.Source: SACE-OEF calculations on Istat data (Trade Statistics).
Leather & footwear
Transportation equipment
Textiles & wearing apparel
Agriculture
Electronics
Rubber & plastics
Mechanical engineering
Paper Non metal mineralsChemicals
Food & beverages
Wood
Other manufacturing goods
Metals & metal working
Average 2
Average 3
Average 1
-10
-6
-2
2
6
10
14
18
0 2 4 6 8 10 12
Unit average values
Vo
lum
es
Total
Prospects of Italian exports and the role of SACE
SACE sectoral coverage
Unit average values and volumes of Italian exports of good a) (% changes; January-June 2006-January-June 2005)
a) The petroleum refined products sector is not shown in this chart because it would alter the scale. Data for such sector are: +43.4% unit average values; -12,4% volumes.Source: SACE-OEF calculations on Istat data (Trade Statistics).
Leather & footwear
Transportation equipment
Textiles & wearing apparel
Agriculture
Electronics
Rubber & plastics
Mechanical engineering
Paper Non metal mineralsChemicals
Food & beverages
Wood
Other manufacturing goods
Metals & metal working
Average 2
Average 3
Average 1
-10
-6
-2
2
6
10
14
18
0 2 4 6 8 10 12
Unit average values
Vo
lum
es
Total
Prospects of Italian exports and the role of SACE
Top 10 destination markets andSACE commitments
Countries Exports a) Commitments b) Shares C)
China 14.5 3.0 2,45
Malaysia 14.0 0.2 0,37
Russia 12.7 12,7 2,11
Romania 12.5 1.7 1,26
Thailand 12.5 1.7 0,35
Bulgaria 11.7 0.2 0,45
Philippines 11.7 0.1 0,10
Finland 11.5 1.4 0,77
South Africa 11.3 1.1 0,65
Indonesia 11.2 0.2 0,24
a) Investment goods; annual average growth rate 2006-2010b) Medium-long term: June 30° 2006 as a % of total commitmentsc) % total investments goods exports Source: SACE calculations on SACE and SACE-OEF data.
Prospects of Italian exports and the role of SACE
In order to better support competitiveness SACE’s possible routes are:
• Extension of the Made by Italy concept: Extension of the Made by Italy concept: covering Italian firms operating abroad covering Italian firms operating abroad
(through foreign controlled entities), consistently with the transformations in the (through foreign controlled entities), consistently with the transformations in the
value chainsvalue chains
• Introduction of the Made for Italy conceptIntroduction of the Made for Italy concept: supporting firms operating in sectors : supporting firms operating in sectors
(i.e. energy, infrastructure), that have large positive effects on activity and (i.e. energy, infrastructure), that have large positive effects on activity and
employment in Italyemployment in Italy
• More counterparties and instruments:More counterparties and instruments: not only banks but also other financial firms; not only banks but also other financial firms;
not only re-insurance but also market based risk coveragenot only re-insurance but also market based risk coverage
• Strengthen the public-private partnershipStrengthen the public-private partnership
