What commodities is Italy known for?
Italy’s Top Exports
- Oil and mineral fuels – $18.8 billion.
- Iron and steel – $15 billion.
- Precious stones and metals – $12.6 million.
- Gold – $2.24 billion.
- Coffee – $1.71 billion.
What are the top import commodities in Italy?
Imports The top imports of Italy are Crude Petroleum ($25.5B), Cars ($22.5B), Packaged Medicaments ($18.7B), Petroleum Gas ($10.6B), and Gold ($9.17B), importing mostly from Germany ($67.3B), France ($36B), China ($35.9B), Netherlands ($23.3B), and Spain ($22.8B).
What are the top 3 items exported in Italy?
Top 10
- Machinery including computers: US$91.1 billion (18.4% of total exports)
- Vehicles: $38.3 billion (7.7%)
- Pharmaceuticals: $35.9 billion (7.2%)
- Electrical machinery, equipment: $30.8 billion (6.2%)
- Plastics, plastic articles: $20.3 billion (4.1%)
- Gems, precious metals: $17.6 billion (3.5%)
What are Italy’s top 5 exports?
Below are Italy’s top five exports, categorized by sector and ranked by total export value.
- Machinery.
- Chemical products.
- Transportation.
- Metal.
- Textiles.
What natural resources does Italy lack?
Italy has few mineral resources: natural gas, marble, granite, coal, mercury, zinc, and potash. Arable land is important (26% fertile land). Small farms cover much of the country. Grapes & olives are important crops.
Who is Italy’s biggest trading partner?
Germany
List of the largest trading partners of Italy
| Rank | Country | Export (2020) |
|---|---|---|
| 1. | Germany | 58.1 |
| 2. | France | 49.8 |
| 3. | United States | 45.6 |
| 4. | Switzerland | 26 |
Who does Italy trade the most with?
In 2017, Italy major trading partner countries for exports were Germany, France, United States, Spain and United Kingdom and for imports they were Germany, France, China, Netherlands and Spain.
What is Italy’s number 1 export?
Refined Petroleum
List of exports of Italy
| # | Product | Value |
|---|---|---|
| 1 | Refined Petroleum | 25,040 |
| 2 | Pharmaceuticals | 20,159 |
| 3 | Vehicle parts | 12,839 |
| 4 | Cars | 9,587 |
What products are in demand in Italy?
Popular product categories Among top products purchased by Italian online buyers are home electronics, clothing/footwear, and books.
What are Italy’s main exports 2021?
Italy’s two main exports are precision machinery (18%), metals and metal products (13%). It is also a world renowned exporter of clothing and footwear, motor vehicles, including luxury vehicles, motorcycles and scooters. Italy also exports pharmaceuticals and other chemicals as well as many food products.
What are Italy’s imports?
Italy’s main imports are metal and engineering products, principally from Germany, France, the United States, and the United Kingdom. Chemicals, vehicle, and mineral imports are also important commodities. Italy is a major importer of energy, with much of its oil supply coming from North Africa and the Middle East.
What natural made products does Italy sell?
The country is among the world’s leading nations in wine and olive oil production as well as fruits such as palms, apples, grapes, oranges, lemons, pears, strawberries, apricots, cherries, peaches, hazelnuts, plums, and kiwi fruits among others.