Back to the future: the relaunch of Italian exports

The latest SACE report clearly indicates how the recovery of Italy passes through exports, the main engine of our economy. Let's see the main numbers of the latest SACE report, presented at the beginning of the week:

+11,3%: expected rebound of Italian exports in 2021, against -9.7% in 2020;

482 billion euros: value of Italian exports in 2021, against 434 billion in 2020;

+5,4%: export growth rate for 2022;

+4,0%: expected growth rate for Italian exports after 2022, against the pre-crisis average +3.1% recorded between 2012 and 2019

These numbers demonstrate how companies must believe in the possibility of increasing their turnover, exploring new markets and creating new profits: most of the companies that invest in exports in 2021 will obtain favorable returns. Foreign countries are extremely receptive in this historic moment and, as seen from the numbers, the thrust of Italian exports will begin to slow down from next year.

What will be the fastest growing sectors? As can be seen from the image below, capital goods will dominate, at least for 2021. Mechanical engineering expects a rebound of +12.9%, while electrical appliances of +11.0%.

Very positive signals also come from the textile and clothing sector (+13.0%), while wood products will see sustained growth both for 2021 (+11.0%) and for 2022 (+7.1%).

If you too want to internationalize your business, you need to know that subsidized loans and related co-financing will soon start again non-refundable SIMEST. The help desk was suspended on 4 June after only two days of operation, following the large influx of applications, a good 8125.

SIMEST is updating the details for each line of intervention but, in general, the benefits will remain the same, namely:

· Co-financing a fund lost (percentage not yet defined)

·         Subsidized rate equal to 0.5%

·         Pre-depreciation one or two years depending on the instrument used

·         Exclusion of financing from the central risk

·         50% of the requested amount is disbursed in advance without having to pay the costs up front.

The funding concerns internationalization projects for: capitalization, participation in international fairs, opening branches, offices, shops abroad, Temporary Export Manager, e-Commerce, feasibility studies and technical assistance programs abroad.

The good news is that the funds will reopen on October 28 starting at 9:30. The bad news is that i funds are limited and limited: given the unique opportunity it is therefore important not to be caught unprepared and not to arrive late.

If you are really interested in developing your business abroad and building a quality export project, then this is the opportunity you cannot miss. Click below, fill out the form and we will contact you to listen to your idea and study the best solution together: