Cagliari, Italy (PortSEurope) September 12, 2017 – Sardinian ports generate a combined gross value added of €500 million ($597.9 million) for the Italian economy, according to data by SRM, a research and analysis subsidiary for southern Italy of Italian lender Intesa Sanpaolo.
In the first quarter of 2017, the import-export of Sardinian ports nearly doubled to €2.9 billion ($3.5 billion), although they declined by 20% in 2016 to €8.6 billion ($10.3 billion), as a result of the fluctuations in the price of crude oil, SRM said.
The cargo traffic of the Sardinian ports, namely Cagliari, Foxi-Sarroch, Olbia, Porto Torres, Golfo Aranci, Oristano, Portoscuso-Portovesme and Santa Teresa di Gallura, accounted for 10% of the total of Italy last year, the data showed.
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