What does Italy trade with the United States?

The main sector of Italy’s exports to the USA is transportation vehicles, in 2017 constituting nearly one fourth of the total, followed by machinery, textiles, apparel and leather goods, and food and beverages. Automobiles are the first exported product, ships and boats are third, wines are fifth, and shoes seventh.

Who is Italy’s biggest trading partner?

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.

Does the US have a trade agreement with Italy?

Bilateral Economic Relations The United States and Italy cooperate closely on major economic issues, including within the G-7. The United States is one of Italy’s most important trade partners, with two-way trade in goods and services in 2019 valued at $103.112 billion).

What do we trade with Italy?

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 does Italy trade with US?

The United States is one of Italy’s most important trade partners, with two-way trade in 2018 which was $77.875 billion. As a member of the European Union (EU), Italy is bound by EU treaties and laws, including those directly governing or indirectly impacting business investments.

Who are Italy’s trading partners?

Italy’s top trading partner is Germany, Italy trades 12.6% in exports and also trades 16.68% in Imports.

What are Italy’s main exports and imports?

The main exports of Italy are precision machinery that represents 18 percent of total exports, metals and metal products, worth 13 percent, but also clothing and footwear, motor vehicles, including luxury vehicles, motorcycles and scooters. Italy also imports pharmaceuticals and other chemicals, and food .

What does Italy import and export?

The top exports of Italy are Packaged Medicaments ($21.7B), Cars ($18.5B), Refined Petroleum ($13.7B), Vehicle Parts ($13.2B) and Valves ($7.73B), using the 1992 revision of the HS ( Harmonized System ) classification. Its top imports are Cars ($31.2B), Crude Petroleum ($24.8B), Packaged Medicaments ($15.1B),…