Italy’s Top Products in World Trade

The Fortis-Corradini Index

  • Marco Fortis
  • Stefano Corradini
  • Monica Carminati

Part of the SpringerBriefs in Business book series (BRIEFSBUSINESS)

Table of contents

  1. Front Matter
    Pages i-vii
  2. Marco Fortis, Stefano Corradini, Monica Carminati
    Pages 1-6
  3. Marco Fortis, Stefano Corradini, Monica Carminati
    Pages 7-11
  4. Marco Fortis, Stefano Corradini, Monica Carminati
    Pages 13-88

About this book

Introduction

This book analyzes Italy’s external competitiveness in detail and introduces a new index, devised by Marco Fortis and Stefano Corradini for Fondazione Edison, that highlights the strengths of Italy’s foreign trade. Compared with the Trade Performance Index compiled and updated annually by UNCTAD/WTO’s International Trade Centre, the Fortis-Corradini Index (FCI) provides greater sectorial detail by referring to 5117 products identified according to the six-digit HS 1996 international classification available on the UN Comtrade database. The new index confirms that, contrary to widespread opinion, Italy is one of the world’s most competitive countries, with an extraordinary position of leadership in world trade. Thus, according to the FCI, for 932 products Italy was either first, second or third worldwide in terms of foreign trade surplus in 2012. Furthermore, the FCI reveals, for example, that only three countries (China, Germany and the United States) surpassed Italy in 2012 in terms of the number of first, second and third places in their trade balance worldwide. In presenting the FCI and meticulous statistical data, this highly original study will be of wide interest.

Keywords

Foreign trade surplus Fortis-Corradini Index International trade Italian export Italian trade balance Italian trade surplus Italy’s external competitiveness Trade Performance Index UNCTAD/WTO Trade Performance Index

Authors and affiliations

  • Marco Fortis
    • 1
  • Stefano Corradini
    • 2
  • Monica Carminati
    • 3
  1. 1.Centre of Research in Economic Analysis and International Economic Development (CRANEC)Università Cattolica del Sacro CuoreMilanItaly
  2. 2.Fondazione EdisonMilanItaly
  3. 3.Fondazione EdisonMilanItaly

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-15817-4
  • Copyright Information The Author(s) 2015
  • Publisher Name Springer, Cham
  • eBook Packages Business and Economics
  • Print ISBN 978-3-319-15816-7
  • Online ISBN 978-3-319-15817-4
  • Series Print ISSN 2191-5482
  • Series Online ISSN 2191-5490
  • About this book
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