Over the years, Italy responded to the challenges of globalization with an ever increasing attention to the quality of products and processes.
At the same time, the Italian economy has reinforced important specializations such as machinery - now the most important sector in terms of trade balance surplus – and intermediate goods. These two sectors together have been characterizing Italy’s industrial and productive structure over the last thirty years, accounting for more than half of the Italian manufacturing revenues.
Good performance in the traditional ‘Made in Italy’ sectors – such as textile and clothing, shoes, furniture and the nautical industry – remains unchanged, thanks to re-conversion into high value-added segments of the market, whereas the high-tech share of sales is increasing.
(Source: Intesa Sanpaolo-Prometeia)