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Italy News

Italy has a diversified industrial economy. Italy is a member of the G8 group of industrialised countries and it is the world's tenth largest economy The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises. Italy's economy benefits from some natural resources, in particular in agriculture, fishing and natural gas. The most important industries are tourism, iron and steel, chemicals, machinery, precision engineering, automotives, textiles, clothing, footwear and ceramics. Tourism is one of Italy's most important industries and a major source of foreign exchange. The chief trade partners are Germany, China, Netherlands, Belgium and Spain.

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