

Doing Businessin Italy
Italian Market Insights
The Covid-19 pandemic has created a new set of challenges for the Italian market.
Enterprise Ireland is responding to the global crisis by working with Irish exporters to help them avail of business response supports announced by the Government. These supports are designed to help businesses stabilise and adapt to the evolving situation, in preparation for getting back on the road to recovery.
Market Overview
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 almost €10 trillion, Italy is a very wealthy country and accounts of 3.33% of the net wealth globally in 2018.
€26,973 GDP per capita (2020)
€430.6m in client exports in 2020
8th Largest Economy in the World
