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Exports (2005 est.): $371.9 billion f.o.b. Partners (2004)--Germany 13.6%, France 12.4%, U.S. 7.9%, Spain 7.3%, U.K. 7.1%; mechanical products, textiles and apparel, transportation equipment, metal products, chemical products, food and agricultural products. Imports (2005 est.): $369.2 billion f.o.b. Partners (2004) --Germany 18%, France 11%, Netherlands 5.9%, Spain 4.7%, Belgium 4.5%, U.K. 4.3%, China 4.2%; machinery and transport equipment, foodstuffs, ferrous and nonferrous metals, wool, cotton, energy products.Italy has few natural resources. With much land unsuited for farming, Italy is a net food importer. There are no substantial deposits of iron, coal, or oil. Proven natural gas reserves, mainly in the Po Valley and offshore Adriatic, constitute the country's most important mineral resource. 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. Its major industries are precision machinery, motor vehicles, chemicals, pharmaceuticals, electric goods, and fashion and clothing. Italy has few natural resources. With much land unsuited for farming, Italy is a net food importer. There are no substantial deposits of iron, coal, or oil. Proven natural gas reserves, mainly in the Po Valley and offshore Adriatic, constitute the country's most important mineral resource. 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. Its major industries are precision machinery, motor vehicles, chemicals, pharmaceuticals, electric goods, and fashion and clothing.
... comprises of exports to Italy totaling $11.5 billion and imports from Italy worth $31.0 billion. The U.S. ran a $19.5 billion deficit ...
Italy exports, imports and exports of italy, exports italy |
