It remains to be seen whether the impact of previously stockpiled goods, uncertainty over the percentage of tariffs (later set at 15%, after speculation of much higher rates that dominated the summer news) or how they would be applied was greater. The fact remains that, as expected, in August 2025, compared to August 2024, imports of Italian agri-food products to the US have slowed sharply, by 23%, with a loss of €126 million in just 30 days.
This is according to the CIA/Italian Farmers Research Department, analyzing data released today by ISTAT, with Coldiretti adding that the data “confirms the forecasts of recent weeks on the performance of certain sectors, starting with wine, where the percentage is estimated to be over 30%”. This is echoed by the Unione Italiana Vini (Uiv), led by Lamberto Frescobaldi, which highlights a -28% drop in value in the two-month period July-August 2025, compared to the same period in 2024 (for a cumulative value of €227 million, source: Uiv).