Italy has a highly skilled, highly educated workforce which has propelled the country’s reputation for producing high quality, superior brands in a variety of manufactured products. Engineering products, clothing and textiles, motor vehicles and production machinery all contribute to about $500 billion in annual exports.
Packaged medicines are the country’s top export, estimated at $22 billion followed by refined petroleum ($19 billion), vehicle parts ($14 billion) and cars ($10 billion). Top export destinations are Germany, France, the United States, the United Kingdom and Switzerland.
Italy Country Profile
Official Name (Local Language)
Telephone Dial In
Italy Exports Profile
Exports ($m USD)
Number of Export Products
Number of Export Partners
Top 5 export partners
% Partner Share
Top 5 Export Products at HS 6 digit level
Petroleum oils, etc, (excl. crude); preparation
Other medicaments of mixed or unmixed products,
Automobiles with reciprocating piston engine di
Art. of jewellery and pts thereof of/o prec mtl
Motor vehicle parts nes
Chart Showing GDP Growth Compared to rest of world
Tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics
Importing from Italy: What is trade finance?
Stock finance is a revolving facility which alternative financiers offer – it enables organizations to buy stock supplies and can help reduce the pressure from cash management.
Generally, an alternative financier will fund all of the cost of the goods, including charges (e.g. bank charges).
Trade finance offers upsides over more traditional bank finance such as asset finance or loans. Trade finance provides quick funding without affecting existing bank relationships.
How does it work?
If you’re an SME importing or exporting goods internationally, then a trade finance facility would allow you to fund this through offering a letter of credit or some form of cash advance.
I’m looking to import from Italy, how can Trade Finance Global help, and how does it work?
If you’re looking to import products from other international markets, you may need import finance, which is an agreement between yourself (the importer) and the foreign exporter. An alternative finance bank would act as the intermediary, paying the foreign exporter on your behalf until you get the products and have then sold them to your end debtor. Repaying the lender then occurs over an agreed period.
Trade Finance Global is the trading name of TFG Finance Ltd (company number: 10305143) and TFG Publishing Ltd (12157036), incorporated in England and Wales, at 201 Haverstock Hill, Second Floor Fkgb, London, England, NW3 4QG. Trade Finance Global is registered as a Data Controller under the ICO: ZB421903 and ZB436621.
TFG Finance Ltd is an introducer, not a lender, working with Limited Companies and Incorporated Bodies who may pay us a commission.