With a high level of freedom in trade, business and investment, Italy is a first class exporter of goods. In spite of problems such as slow growth, in comparison to many nations in recent years, Italy has managed to maintain its lead in many sectors.
Italy is best known for fashion, cars and engineering. However, its name is also regularly associated with industries such as chemicals, wine, ceramics and machinery.
Of course, fashion is the first thing to come to mind for many when they think of Italian products. The fashion industry there first shone during the Renascence and, since that time, a succession of designers have helped bring Italian fashion to forefront of world fashion.
With its brands known around the world, Italian clothing is familiar to anyone with any interest in fashion. Whilst it has the image of catering to the luxury market, its real success comes from the production of casual and designer wear at affordable prices and to high quality standards.
Italy’s automotive industry is another of its major success stories. Fiat came to symbolize Italy’s growing economy when Italy was rising rapidly, but Italian automobiles now call to mind various names like Ferrari, Lamborghiniand Maserati.
Names like these are a testimony to the diversity in the range and variety of automobiles produced in Italy. Whilst their lower priced cars have somewhat struggled to compete with those being manufactured in elsewhere, sales of their higher priced ones have remained stable, and are expected to rise, not fall, in the future.
Engineering is also an important part of Italian industry. Italy leads in various fields involving the manufacture of complex machines and their parts. Apart from cars, they also mass export tools, motorcycles and electric goods. With attention to detail and quality, these Italian products have remained competitive even though they are typically not the cheapest option.
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‘Italian Manufacturing‘ offers a wealth of information about Italian products and industry as well as Italian fashion.
