Start Your Trade with Italy and EU in 2022

For trading, everyone eyes for Europe as it is one of the world’s biggest markets. Like Germany, Spain, France, and Switzerland, Italy is one of the biggest economies and ranked eighth on the economy index.

Moreover, Italy enjoys stable trading relations with its neighbouring countries and other countries of the world. Moreover, several major industries in Italy help it secure a spot in G10.

Thus, it is necessary to know how to trade with Italy in 2022 to boost your business and economic activities.

How to Trade with Italy in 2022?

Trading with Italy for the first time needs some professionalism and a basic understanding of the EU laws and regulations. To a non-EU individual or state, it is a bit challenging to set your business on a successful path.

Before entering Italy’s market, you need to know what items or commodities you can sell or trade with Italy. Therefore, it requires some research to study the Italian and European markets in detail and find out which market sector will help you establish a strong trading relationship.

As per the views of the experts, it is essential to make a connection with a few well-reputed Italian companies, and it will provide one a broader and better perspective to understand the trends and culture of the market. Therefore, we have compiled a list of imports and exports of Italy as it will allow you to trade with Italy in 2022.

Italy’s Top Imports

A business person or investor must know what items Italy used to import. The major imports of Italy are engineering and metal products. Below is the list of Italy’s major importers.

Germany
France
The U.S.
Switzerland
The U.K.

Above are the top five importers that export commodities, including chemicals, minerals, energy, and automobiles. Also, Italy is an importer of petroleum, and it includes countries from the Middle East and North Africa.

Benefits of Trading with Italy

Trading with Italy comes with two significant benefits:

It allows you to get exposure to one of the biggest markets.
You get an opportunity to invest and make good relations with other European states.
The strategic location of Italy allows it to grow its markets and welcomes hundreds of people in business to initiate their business activities.

More than that, trading with Italy in 2022 will open the door to enjoy the beneficial trade agreement in Europe called the EU International Trade Agreement. These are: