According to the Massachusetts Institute of Technology's Observatory of Economic Complexity, Italy's main imports in 2012 were crude and refined petroleum, packaged medicaments, cars and petroleum gas, and its main exports were refined petroleum, gold, cars, vehicle parts and packaged medicaments. The same source reported that Germany and France were both top import and export origins.Continue Reading
Since Italy primarily has to import its energy sources, its electricity cost is higher than other places in the European Union. However, the company also uses solar power and is known for being its top producer in the world.
Some other items that Italy commonly imports include computers, leather footwear, vehicle parts and broadcasting equipment. Jewelry and wine are some other common exports.Learn more about Industries