Italy has a diversified industrial economy. This can be divided into the developed industrial north, where Milan, the business capital of Italy is located, and a highly subsidised agricultural south. It is the third-largest economy in the Eurozone and the fifth largest market in Europe for Irish exports. Despite its economic challenges, it still offers substantial opportunities and continues to deliver major deals for Irish companies. With an economy of €2.24 trillion and a national wealth of €10.57 trillion, Italy is a very wealthy country. It accounts for 3.33% of the net wealth globally in 2018.