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US$ 3.2 billion
FDI between April 2000 to September 2022

US$ 9.1 billion

Bilateral trade between April-November 2022.

180,000
Indians living in Italy

6th

largest manufacturing nation in the world

8th

largest economy in the world

Wealth

one of the largest pools of private wealth in the world

Automobiles

fashion, cuisine and lifestyle are leading industries

8%

of international tourists head for Italy

India's Exports and Imports to Italy

S.No. \Year 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
1. EXPORT 5,593.42 4,970.81 4,735.74 8,180.76 8,691.43
2. %Growth -11.13 -4.73 72.74 6.24
3. India’s Total Export 330,078.09 313,361.04 291,808.48 422,004.40 450,958.43
4. %Growth -5.06 -6.88 44.62 6.86
5. %Share 1.69 1.59 1.62 1.94 1.93
6. IMPORT 5,292.38 4,490.92 3,862.05 5,048.47 5,562.48
7. %Growth -15.14 -14.00 30.72 10.18
8. India’s Total Import 514,078.42 474,709.28 394,435.88 613,052.05 714,042.45
9. %Growth -7.66 -16.91 55.43 16.47
10. %Share 1.03 0.95 0.98 0.82 0.78
11. TOTAL TRADE 10,885.80 9,461.74 8,597.79 13,229.22 14,253.91
12. %Growth -13.08 -9.13 53.87 7.75
13. India’s Total Trade 844,156.51 788,070.32 686,244.36 1,035,056.45 1,165,000.88
14. %Growth -6.64 -12.92 50.83 12.55
15. %Share 1.29 1.20 1.25 1.28 1.22
16. TRADE BALANCE 301.04 479.89 873.69 3,132.29 3,128.95
17. India’s Trade Balance -184,000.33 -161,348.24 -102,627.40 -191,047.65 -263,084.03

Note:Since 2006-07, Petroleum figures are being computed from Import Daily trade Returns (DTRs) to genetate country-wise/port-wise tables. Up to 2005-06 consolidated petroleum import figures were being received from the Petroleum Ministry.

Italian Trade & Investment Agency

+39-06-59921; +39-800-98-9800

Visit Website

CE AGENCY 00144 Rome, via Liszt 21

Embassy of India

+39-06-488-4642/43/44/45

Visit Website

Via XX Settembre,

500187 Rome (Italy)

Commercial Representative

+39-06-488-4642/43/44/45

Visit Website

Second Secretary (Commerce, Science & Technology)

Opportunities

Agricultural exports

    OTHER JUICES (200989)

    agriexchange.apeda.gov.in

    Beer made from malt (220300)
    Liqueurs & cordials (220870)
    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
    Rum & tafia (220840)
    Sparkling wine of fresh grapes (220410)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
    Whiskies (220830)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of >10 l (220429)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)

    agriexchange.apeda.gov.in

    Carcasses/half-carcasses of bovine animals, fresh/chilled (020110)
    Carcasses/half-carcasses of lamb, fresh/chilled (020410)
    Carcasses/half-carcasses of swine, fresh/chilled (020311)
    Cuts & edible offal of species Gallus domesticus, fresh/chilled (020713)
    Guts, bladders & stomachs of animals (other than fish), whole & pieces ther … (050400)
    Hams, shoulders & cuts thereof , fresh/chilled, bone-in (020312)
    Meat of bovine animals, fresh/chilled (excl. of 0201.10), bone-in (020120)
    Meat of bovine animals, fresh/chilled, boneless (020130)
    Meat of bovine animals, frozen, boneless (020230)
    MEAT OF HORSES, ASSES, MULES OR HINNIES, FRESH, CHILLED OR FROZEN (020500)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), fresh/chilled (020319)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)
    Meat of swine (excl. hams/shoulders & cuts thereof & bellies (streaky) & cu … (021019)
    Sausages & sim. prods., of meat/meat offal/blood; food preps. based on thes … (160100)

    agriexchange.apeda.gov.in

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in ch.19, whethe … (190590)
    Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)
    Sweet biscuits (190531)

    agriexchange.apeda.gov.in

    Maize (corn), other than seed (100590)
    Maize (corn), seed (100510)
    Malt extract; oth. food preps. of flour/groats/meal/starch/malt extact [see … (190190)
    Malt, not roasted (110710)
    OTHER BARLEY EXCL SEED (100390)
    OTHER DURUM WHEAT EXCL SEED (100119)
    OTHER WHEAT AND MESLIN (100199)
    Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
    WHEAT AND MESLIN SEED EXCL. DURUM WHEAT (100191)

    agriexchange.apeda.gov.in

    Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1803.10-1806.10), in blo … (180620)
    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
    Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180631)
    Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180632)
    Cocoa beans, whole/broken, raw/roasted (180100)
    Cocoa butter, fat & oil (180400)
    Cocoa paste, not defatted (180310)
    Cocoa powder, not cont. added sugar/oth. sweetening matter (180500)

    agriexchange.apeda.gov.in

    Butter (040510)
    Buttermilk/curdled milk & cream/kephir & oth. fermented/acidified milk & cr … (040390)
    Cheese (excl. of 0406.10-0406.40) (040690)
    Fats & oils derived from milk, other than butter & dairy spreads (040590)
    Fresh (unripened/uncured) cheese, incl. whey cheese, & curd (040610)
    Ice cream & oth. edible ice, whether or not cont. cocoa (210500)
    Milk & cream, not concentrated/sweetened, fat content by wt. >1% but not >6 … (040120)
    Milk & cream, not concentrated/sweetened, fat content by wt. not >1% (040110)
    MILK AND CREAM, NT CONCENTRATED NOR CONTAIN ADDED SUGAR/ OTHER SWEETENING MATTER OF A FAT CONTENT, BY WEIGHT, > 10% (040150)
    Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
    Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)
    Milk prods. of nat. milk constituents, whether or not sweetened, n.e.s. (040490)
    Processed cheese, not grated/powdered (040630)
    Yogurt (040310)

    agriexchange.apeda.gov.in

    Waffles & wafers (190532)

    agriexchange.apeda.gov.in

    ROSES (060311)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Mixes & doughs for the preparation of bakers’ wares of 19.05 (190120)
    Natural honey (040900)
    Preparations for infant use, put up for RS (190110)
    Preparations of fruit (excl. citrus fruit; excl. homogenized), obt. by cook … (200799)
    Prepared foods obt. by the swelling/roasting of cereals/cereal prods. (190410)
    Prepared/presvd. preps. of fowls of the genus Gallus domesticus (excl. homo … (160232)
    Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)
    Whey & modified whey, whether or not concentrated/sweetened (040410)

    agriexchange.apeda.gov.in

    Bananas frsh or dried (080390)
    Fresh fruit, n.e.s. (081090)
    Fruit & nuts, n.e.s., uncooked/cooked by steaming/boiling in water, frozen, … (081190)
    Fruits of the genera Capsicum/Pimenta, fresh/chilled (070960)
    Garlic, fresh/chilled (070320)
    Grapes, fresh (080610)
    Kiwifruit, fresh (081050)
    Lemons (Citrus limon/limonum) & limes (Citrus aurantifolia/latifolia), fres … (080550)
    Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
    Mandarins, incl. tangerines & satsumas; clementines, wilkings & sim. citrus … (080520)
    Mushrooms other than of the genus Agaricus, fresh/chilled (070959)
    Olives, presvd./presvd. othw. than by vinegar/acetic acid, not frozen, othe … (200570)
    Oranges, fresh/dried (080510)
    OTHER CANE SUGAR: (170114)
    Peaches, incl. nectarines, fresh (080930)
    Pears- fresh (080830)
    Pineapples, fresh/dried (080430)
    Potatoes other than seed potatoes, fresh/chilled (070190)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, not frozen, oth … (200520)
    Strawberries, fresh (081010)
    Tomatoes, fresh/chilled (070200)
    Tomatoes, prepd./presvd. othw. than by vinegar/acetic acid, other than whol … (200290)
    Vegetable seeds, of a kind used for sowing (120991)
    Vegetables, n.e.s., uncooked/cooked by steaming/boiling in water, frozen (071080)

    agriexchange.apeda.gov.in

    Dried vegetables, n.e.s.; mixts. of dried vegetables, whole/cut/sliced/brok … (071290)
    Kidney beans, incl. white pea beans (Phaseolus vulgaris), dried, shelled, w … (071333)

    agriexchange.apeda.gov.in

    Lentils, dried, shelled, whether or not skinned/split (071340)

    agriexchange.apeda.gov.in

    Crustacean – Frozen, shrimps and prawns, excluding cold water varieties, in shell or not, smoked, cooked or notbefor or during smoking, in shell, cooked bt steaming or boiling in water
    Fish – Fresh or chilled, atlantic salmon (Salmon Salar) and danube salmon (Huncho Huncho) Excluding fillet, livers, roes and other fish meat
    Fish preparation – tunas, skipjack and atlantic bonito (sarda spp.) prepared or preserved, whole or in pieces (but not minced)
    Molluses – Cuttle fish and squid, whether in shell or not, frozen, dried, salted, in brine or smoked, cooked or not before or during the smoking process
    Molluses – Octopus (Octopus spp.) frozen, dried, salted, in brine or smoked, cooked or not before or during the smoking process

    fishexchange.mpeda.gov.in

    GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN-IN SHELL (120241)
    Hazelnuts/filberts (Corylus spp.), shelled (080222)
    Nuts (excl. ground-nuts), incl. mixts., prepd./presvd., whether or not cont … (200819)
    Nuts, n.e.s., fresh/dried, whether or not shelled/peeled (080290)
    Walnuts, in shell (080231)
    Walnuts, shelled (080232)

    agriexchange.apeda.gov.in

    OTHER (060319)

    agriexchange.apeda.gov.in

    Husked (brown) rice (100620)

    agriexchange.apeda.gov.in
Employment Opportunities

*Information subject to changes amid the global COVID-19 pandemic.

Italy has the eighth largest economy in the world, but it was hit hard by the global financial crisis. Since the Jobs Act was introduced in March 2015, the Italian labour market has evolved considerably.The economy is heavily service-based, with tertiary sector making up around 75% of its GDP. Italy’s main recruiting sectors are engineering, technical, catering, teaching, administration, information and communication technology, management, accounting, customer care, and tourism.

Minerals

    Production: 19.3 million tons

    Export: € 139 million

    aitecweb.com

    Export: € 121 million

    coeweb.istat.it

    Production – 0.7 million ton

    Export – € 39 million

    iStat

    Production: 20.2 tonnes

    Export: € 432 million

    coeweb.istat

    Production: 2.2 million tons

    Export: € 27 million

    coeweb.istat

    Export: € 76 million

    coeweb.istat.it

    Production: 0.5 million tons

    Export: € 104 million

    istat.it

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Italy
  • General and special purpose machinery
  • Machine tools
  • Metallurgical products
  • Leather and leather products
  • Engineering items
  • Food products
  • Fashion items
  • Jewellery
  • Stone
India's top export to Italy
  • Ready-made garments,
  • Iron ore
  • Leather products
  • Textiles
  • Organic products
  • Auto parts
  • Chemicals
  • Gems & jewellery

Bilateral Investors

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