Exporting to Italy
Focus on innovation
Italy’s industrial strategy creates opportunities in innovative industries like cyber security, digital transformation and life sciences. In 2019 the government will launch a national artificial intelligence strategy to promote investment.
UK businesses are very important to Italy, and investors are committed to their UK projects. There is an appreciation for British professional services, technology and quality consumer goods.
Growing trade exchange
Total trade between the UK and Italy reached £43.7 billion in the 4 quarters ending Q3 2018, an increase of 1.4% from the same period the previous year. The northern region of Lombardy is particularly important to the Italian economy, and trade between the UK and Lombardy has been growing in recent years.
Opportunities for exporters
Italy is one of our largest export markets. There is high demand for skills in technology and engineering. Some important sectors include defence, aerospace, advanced engineering and life sciences technology.