Monday, April 6, 2015

Economic Activities in Italy

Main Economic Activities in Italy
Source: http://qualeindustria.fondazionerosselli.org/wp-content/uploads/sites/2/2014/06/export-made-in-italy-L-2JCGgP.jpeg

MOST PEOPLE THINK ITALY'S MAJOR EXPORTS ARE OLIVE OIL AND WINE...
Source: http://www.welcometuscany.it/special_interest/wine_food_olive_oil/olive_oil.jpg
WHEN IN REALITY THE MAJOR EXPORTS INCLUDE:

#1 Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof; Sound Recorders and Reproducers, Television Image and Sound Recorders and Reproducers, and Parts and Accessories of Such Articles
2011: $129,063,437,558

#2 Vehicles, Aircraft, Vessels and Associated Transport Equipment
2011: $48,045,233,661
Source: http://www.naval-technology.com/projects/garibaldi/images/garibaldi3.jpg

#3 Base Metals and Articles of Base Metal
2011: $46,701,246,175

#4 Products of the Chemical or Allied Industries
2011: $41,921,815,542

#5 Textiles and Textile Articles
2011: $32,516,435,933
Source: https://s-media-cache-ak0.pinimg.com/originals/27/7e/65/277e650f97a28284f4ec3af711ae3b15.jpg




Source: http://www.nationsencyclopedia.com/images/wen_05_img0899.jpg
  • In 2010, Italy made 458.4 billion dollars in exports.
  • As well as 459.4 billion dollars in imports.
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A major primary sector for many Italians is services for the tourists coming in. However, compared to other countries (along with other high services countries), they seem to lack in the agriculture department. 



Country Industry: Major Sectors Per Nation

The country industry data and GDP composition spanning varied sectors across different nations are listed in the table below. The data is gathered from the CIA World Factbook, 2008.(Source)
CountryAgriculture (%)Industry (%)Services (%)
Brazil5.528.566
Canada228.469.6
China10.649.240.2
France2.220.377.4
Germany0.930.169
India17.229.153.7
Italy226.771.3
Japan1.426.472.1
Russia4.141.154.8
US1.219.679.2
UK0.922.876.2






Common Italian imports include engineering products, tobacco, textiles, food, and clothing. 
Source: http://farm3.static.flickr.com/2151/1568130575_d4c3720837.jpg

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