About Italy Import Export

By: Gen Wright

Italy is a very lucrative market for starting an import export business in. The IMF (International Monetary Fund) has declared in 2008, Italy is the seventh largest economy in the world and the fourth largest in Europe. So that should tell you exactly how much the Italian economy is flourishing right now. The World Bank states that the country gives you a lot of freedom to trade, open businesses and invest. This is one of the main reasons why the country has seen such exponential growth.

There are some of the reasons why Italy is being targeted by a lot of businessmen worldwide. Anytime time in the present is the right time to make the jump to Italy and start getting your feet wet in the Italian environment. That of course applies only if you are new at the import/export business. For those who have been doing this for some time now, it is the time to expand your operations to the beautiful Italy.

Italy has a lot of advantages behind it and one of them is the long cultural heritage that the country carries. It is an amazing place to be at and if your line of work involves working with local culture and related items, Italy can prove to be a really potent market for you. For example, the tourism industry is amongst the main industries that are flourishing there. You can invest in the tourism industry and expect high returns.

The tourism industry gives you the opportunity to both import and export goods in and from Italy respectively. The industry is closely tied to the hospitality sector and together these industries import a lot of items. These items range from fine dining food materials to security systems and exploring equipments.

When it comes to exporting, you can always export the various artifacts and items that are found and generated by the industry respectively. You can then look in to the largest two industries in the country - transport and fashion.

No one needs telling twice that the Italians know their cars. They are known for fantastic automobiles and in fact automobile giant Fiat is Italy's largest industrial company. Since it is a large industry, it imports the best items from outside that are needed for the manufacturing process. From assembly line robots to specific car parts, you can make big money by importing these items. You can of course export the finished cars and the also the car parts that are manufactured in Italy.

When it comes fashion, Italy is choc a bloc with super star fashion designers - Versace, Armani, Valentino, Dolce and Gabbana, Roberto Cavalli, Prada, Benetton and many more are Italian fashion designers. The country can easily give France a run for its money in high fashion. The fashion industry is huge and it imports a lot of exotic items. Most of them come the Asian subcontinent and the surrounding regions. And they export items in huge quantities because the demand for these items outside the country is explosive. Hence if you can tap in to these markets, you can work one way or both ways and make huge profits.

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