Italy has few natural resources and there are no substantial deposits of iron, coal, or oil. Most raw materials needed for manufacturing and more than 80% of the country's energy sources are imported. Italy's economic strength is in the processing and the manufacturing of goods, primarily in small and medium-sized family-owned firms.
Export and Import Facts
- Export volume was US$474.8 billion in 2007
- Top exports by industry include mechanical products, textiles and apparel, transportation equipment, metal products, chemical products and food and agricultural products
- Import volume was US$483.6 billion in 2007
- Top imports by industry are machinery and transport equipment, foodstuffs, ferrous and nonferrous metals, wool, cotton and energy products
- The country maintains an extensive network of bilateral chambers of commerce to promote trade with countries in Europe, the Asia/Pacific region, Africa and North America (for a listing, see Export/Import Resources)
Export/ Import Resources
The resources in this section can help guide your company toward its place in this economy.
Italy's bilateral chambers of commerce offer some opportunities for networking that can help you establish new connections with importers in Italy or with businesses in other countries whose goods you want to import.
African Chambers of Commerce
Asia-Pacific Chambers of Commerce
European Chambers of Commerce
These resources, available in English and Italian, provides information about setting up, certifying and promoting a business in Italy.