U.S. EXPORTS TO ITALY (FOB, $ MILLION)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79R00603A001900020007-6
• Release Decision: RIFPUB
• Original Classification: C
• Document Page Count: 4
• Document Creation Date: December 16, 2016
• Document Release Date: November 15, 2004
• Sequence Number: 7
• Content Type: LIST

U.S. Exports to Ii-jly
Approved For Rel a 2004/12f6''P. IA L Ri7 OSMA0W00020007-6
1973.
1974
1
975
.
0
Food and live. animals
422
0
f% A A
.
425.7
497.5
248.8
262.3
328.3
.1
}3everages and tobacco
29.6
36.3
2
Crude materials, ex. fuel,
food
22. oilseed, oil nuts,
592.0.
501.4
oil kernels
162.5
215.3
190.9
Minerals, fuels, lubricants
32
k
85.7
185.8
'252
1
co
e, coal, briquets
64.9
152.2
.
212.9
4
Oils and fats
28.3
10.1
5
Chemcials
146.0
193.3
233.0
6
Mfg'd goods
210.5
297.4
212.4
7
.Machinery & transport
equipment
719
573.8
726.8
797
6
. machinery parts
734
i
87.7
112.5
.
123
1
a
rcraft parts
146.8
139.4
.
143.3
8
Misc. mfg'd articles.
105.7
129.6
137.2
9
Items not classified
17.5 .
24.4
27.2
2030.7 2639.6
2724.3
CONFIDENTIAL
Approved For Release 2004/12/01 : CIA-RDP79R00603A001900020007-6
 Approved For Release 2004/12/01 : CIA-RDP79R0Q603A0 00020007-6
US and Italian lnvest;neent
The f. bllorHinn data is taken from the Department of Commerce Surve- of
Current Business, Volume 55, October 1975. Figures are only available through
1974. Figures for 1975 will not be released until Auiuast 1976.
Italian direct investment in the US in 19714:
[aggregate investment through 1971.4:
Total foreign direct investment in the US through 1974:
Total US direct inves tment)i-_in Italy through 1974:
Total US direct investment in the. EEC (Six) through 1974:
Total US direct investment in Western Europe through 1974:
Total US investment worldwide through 1971h:
Breakdown Italy in 1.9714
_ 10 Million
113 million
$ 21,746 million
2,791 million
$ 21,741 million
44,505 million
113,61.3 million
2,791 million Total
5 million Dining and smelting.
634 million Petroleum
1,764 million Manufacturing (largely chemicals and machinery)
10 million Transportation, communication and public utilities
227 million made
75 million Finance and insurance-
76 million Other
The increase in U'S direct investment in Italy in 19714 totaled $567 million.
This figure includes $350 million in net capital outflows and $$217 in reinvested
earnings.
rz ulirect investment figures represent the net equity in, and loans to
foreign affiliates.
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CONFIDENTIAL
P~_ jualt
On the private side, Italian residents place deposits
with and receive credits from U.S. domestic offices and
foreign branches of U.S. banks. The data in the following table sh
that at the end of 1975 U.S. banks had,outstanc3.ing about
:$5.3 billion in credits to Italian borrowers, of which $4.3
billion, or over nine-tenths was on the books of the banks'
foreign branches. On that same data, U.S. banks had liahili
:ties of $3.2 billion to Italian residents, of which $1.1 bil-
lion or about one-third was at their domestic offices and
about $2.1 billion was at their foreign branches. '(BIS data
indicate that, at the end of 1975, Italy's commercial banks
total total
had /foreign assets of $16.3 billion and/foreign liabilities
of $17.0 billion).
Data on the geographic distribution of the assets and liabili-
ties of foreign branches of U.S. banks had only been available
since September 1975.
The data on asssets and liabilities give an approximate
picture of the magnitude of U.S. banks' transactions with,
residents of Italy, which include official institutions, ban-.s.
and nonfinancial corporations. These data do not, however,-
measure U.S. bank exposure to Italy because they make no
allowance for loans and other credits to Italy that may be
guaranteed by parties outside of Italy, and they do not in-
clude loans and credits extended by or deposits received at
fOrAsr`vett~'Ielase 2CT~b4y~T01`~ CI~K~~~~F0~603A81'90~~~1Qb~~-6
CONEI DT,NTI1\L
 Approved For Release 2004/12/01 : CIA-RDP79R00603AO01900020007-6
U.S. Bank Claims on and Liabilities to Residents of Italy
(pillions of dollars) ,
December
December
December
1973
.1974
1975
Total C'_aims
N
A
.
.
N.A.
5,295
From Dc:nestic Offices
336
441
461
S ort-Term
?316
.345
370
Long-Term
20
96
91
Fro -'oreign Branches
N. A
N
A
4
.
.
.
,834
Total Liabilities
N
A
.
.
N. A.
3,199
From Domestic Offices
1,404
2
618
1
113
,
,
Sort-Term
1,404
2,617
1,112
Long-Ter::
1
1
-o7 Forei^n Branches N
A
N
A
.
.
.
.
2,086
1/ Data are from-balance of payments ,reporting forms.
21 Data derived from, FR 502s Quarterly Report on Geographical Distribution of Assets and Liabilities
of Major Foreign Branches of U.S. Banks.
Approved For Release 2004/12/01 : CIA-RDP79R00603A001900020007-6