Embed Size (px)
Citation preview
Market Brief on Italy April 2016
Location Facts and Figures
Southern Europe, a peninsula extending into the central Mediterranean Sea, northeast of Tunisia
Total Population 61 million
Area 301,338sq km
Time Zone UTC+1:00
Capital City Rome
International Telephone Code
+39
Currency Euro
Exchange Rate 1 EUR = 1.11877 US$ (2016)
GDP (Dec 2015) US$ 2141.16 Billion
GDP per capita US$35,800 (2015 est.)
GDP Growth Rate (Sept 2015)
0.8% (2015 est.)
Ease of Doing Business (World Bank 2015)
45/189
Inflation Rate (Dec 2015)
0.3%
Official Language(s)
Italian
Other Languages
French, English
Business Hours 0800 hrs-1700 hrs Lunch 1300-1400 hrs
Banking Hours 0900-1530 hrs (weekdays) 0830-1200 (Sat)
Literacy Rate 99%
Measures Metric System
Important International Participation
City Population
Roma (Rome) 2,648,843
Milano (Milan) 1,305,591
Napoli (Naples) 1,046,987
Torino (Turin) 921,485
Palermo 689,349
Genova (Genoa) 655,704
Bologna 385,813
Firenze (Florence) 381,762
Catania 341,685
Bari 335,647
Cities and Population
12%
10%
9%
5%
5%
5%
4%3%2%2%
43%
Germany France
United States of America United Kingdom
Spain Switzerland
Belgium Poland
China Turkey
Other
15%
9%
8%
5%
5%5%4%
4%3%
3%
39%
Germany France
China Netherlands
Spain Belgium
Russian Federation United States of America
Switzerland United Kingdom
Others
Italy Trade with the world
Major import sources of Italy (2015) Major export destinations of Italy (2015) Na
0.0
1.0
2.0
3.0
4.0
5.0
6.0
2011 2012 2013 2014 2015
US$
mill
ion
Years
Exports ImportsSource: Trademap
Source: Trademap Source: Trademap
20%
8%
6%
5%
4%4%3%3%
3%2%
42%
MachineryVehiclesElectrical, electronic equipmentPharmaceutical productsPlastics and articles thereofArticles of iron or steelMineral fuelsFurnitureArticles of apparel, accessoriesPearls, precious stonesOther
13%
9%
9%
8%
5%
4%4%3%
3%2%
40%
Mineral fuelsMachineryVehiclesElectrical, electronic equipmentPharmaceutical productsPlastics and articles thereofIron and steelOrganic chemicalsOptical, photo, technical, medical, etc apparatusPearls, precious stonesOther
Major import products of Italy (2015) Major export products of Italy (2014)
Zimbabwe-Italy Trade
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2011 2012 2013 2014 2015
US$
'00
0
Years
Exports Imports Trade Balance
Source: Trademap Source: Trademap
Source: Trademap
72%
4%
3%
2%
2%
2%
2%
1%
1%1%
10%
Machinery
Stone
Electrical, electronic equipment
Medical
Plastics and articles thereof
Furniture
Pharmaceutical products
Articles of iron or steel
Raw hides and skins (other than furskins) and leather
Essential oils, perfumes, cosmetics, toileteries
Other
Zimbabwe’s major exports to Italy (2015)
Zimbabwe exports to Italy in 2015,
(US$’000)
Annual growth in value between 2011-2015, %,
p.a.
Italy Imports from the World
in 2015 (US$’000)
Ferro-alloys 55,458 (20) 1,328,885
Cane or beet sugar and chemically pure sucrose, in solid form
10,399 163 691,482
Granite 9,953 (3) 216,472
Leather further prepared after tanning or crusting incl. parchment-dressed leather
2,536 116 159,151
Raw hides & skins 1,861 11 86,802
Worked monumental/building stone &art; mosaic cube, granules
907 2 105,656
Citrus fruit, fresh or dried 669 - 416,570
Unwrought nickel 646 - 493,821
Leather of bovine/equine animal 336 (18) 1,252,350
Cotton, not carded or combed 303 (57) 82,541
Tobacco unmanufactured; tobacco refuse 144 (51) 41,856
Goat/kid skin leather 116 (10) 219,205
Fruits fresh 81 272,857
Source: Trademap
Zimbabwe products with export potential to Italy Zimbabwe's imports from Italy (2015)
Granite
Fresh cut roses and buds, of a kind suitable for bouquets or for ornaments
Vegetable, fruit, nut, food preparations
Edible fruit, nuts, peel of citrus fruit, melons, avocadoes pineapples, mangoes, avocadoes, guavas
Cane or beet sugar and chemically pure sucrose, in solid form
Fish fillets and pieces, fresh, chilled or frozen
Tobacco, unmanufactured, partly or wholly stemmed or stripped
Tea
Iron and steel articles
Source: Trademap
Useful Addresses Preferential Trade Arrangements
Embassy of the Republic of Zimbabwe Via Virgilio, 8 - 2nd Floor 00193 Rome Tel: +39 6 68308282; 68308273 Fax: +39 6 68308324 E-mail: [email protected], [email protected] Embassy of Italy 7 Bartholomew Close Greendale P. O. Box 1062 Harare Tel: +263 4 497373; 497200; 498190 Fax: +263 4 498199 E-mail: [email protected] International Chamber of Commerce Association of The Italian Chambers of Commerce Via Flaminia, 21, 00196 Roma Tel : +396 3215660 Fax : +396 3210253 E-mail : [email protected] Website : www.assocamerestero.com
Trade Fairs AF-L’ARTIGIANO in FIERA, Milan International Crafts Selling 3-11 December 2016 Tel: 39 2 319 11 915 Fax: 39 2 70058 909 Email: [email protected] Website: www.artigianoinfiera.it
Interim Economic Partnership Agreement (iEPA) Zimbabwe signed the interim Economic Partnership Agreement (EPA) under the Eastern and Southern African Bloc with the European Commission (EC) on 29 August 2009 together with three other countries (Madagascar, Seychelles and Mauritius). The interim EPA consolidates the duty free, quota-free market access which the EU28 offers to all exports from the four Eastern and Southern African States (ESA). The ESA countries involved will gradually open their markets to EU exports over 15 years, with some exceptions for products that ESA countries consider sensitive.
Prepared by H. Musundire
