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Italy’s Exports Of Technology From The 15 Machines Italia Sectors Continue To Grow Despite Pandemic

October 2020 data released by Statistics Canada and Trade Data Monitor showed a solid positive growth for Italy’s exports to Canada of technology from the various (15) Machines Italia capital good related sectors.
With a +5,47% Italy marks the best performance among the top 20 partner countries. Italy’s market share also grew +26%. In stark contrast, Canada's total imports of industrial machinery and equipment fell 16% in the first 10 months of 2021. Packaging machinery and agricultural machinery are Italy’s top performing sectors with a +33,3% and +21,8%. Equipment for the graphic and printing industry grew a stunning +180%.
These positive data demonstrate the strong confidence that Canadian manufacturers have in using Italian technology.
Source: Statistics Canada, Trade Data Monitor, Italian Trade Commission Canada
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