Italy maintains its 10th place among countries investing the US, the ITA reports

In April 2018, the Italian Trade Agency (ITA) made available a report containing useful information on bilateral investments between USA and Italy.

The good news is that US-Italy trade marked a positive trend in 2018, increasing 14.5% compared to the same period of the previous year.

Italy confirmed its 2.1% market share and kept its 10th place among the countries exporting to the United States.

The growing trend registered in 2017 continued in the first months of 2018 for the following categories of products : chemical and pharmaceutical products grew 29.3%, semi-finished products and components + 22.6%, food and beverages + 19.3%, fashion and accessories + 14.8%, transportation + 10.5%, furniture and construction + 10.1%, and mechanics + 7.0%.

The Italian sectors that are best positioned on the US market are fashion and accessories in fifth position, furniture and construction in sixth position and food and beverage sector in seventh position.

The Report can be downloaded here.

 

 

Federica Romanelli

Our firm assists Italian entrepreneurs with the legal aspects of investing in the US and — in cooperation when needed with our Italian firms in alliance with us — assists American entrepreneurs with the legal aspects of investing in Italy. Contact us: info@cgcfirm.com

Il nostro studio assiste imprenditori italiani con gli aspetti legali degli investimenti negli Stati Uniti e — in cooperazione, se necessaria, con corrispondenti locali in Italia –  assiste imprenditori americani con gli aspetti legali dell’investire in Italia.

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