U.S. firms enjoy opportunities in sectors where new regulations or programs (often imposed or initiated at the EU level) are creating demand, as well as where U.S. products offer clear technological, design, or price advantages; or are new products/services with little or no domestic competition. Best prospects for U.S. exports to Italy include advanced manufacturing, biotechnology, cybersecurity, defense, design and construction, digital economy, medical devices and technology, and energy.
The agricultural sector makes up a significant portion of U.S.-Italy trade. In 2024, U.S. agricultural exports to Italy were $1.7 billion and U.S. imports from Italy were $8.9 billion. Being a net agricultural importer, most raw materials and ingredients are imported, as Italy’s economic strength is in the processing and the manufacturing of goods, primarily in family-owned SMEs. Italy exports mainly consumer products to the United States, while the United States exports mostly bulk commodities to Italy.
Italy’s Ministry of Transportation and Infrastructure plans to invest $237 billion (204 billion euros) by 2025 to modernize the country’s infrastructure network as part of its effort to kick-start the economy. Railways, roadways, ports, airports, and other public infrastructure are to be modernized, upgraded, or newly built, with a focus on energy-efficient mobility, intermodality, and linking air and maritime transport. This includes $15.7 billion (13.5 billion euros) to build the world’s largest single-span suspension bridge between the island of Sicily and the Italian mainland. Italy also announced measures to streamline public procurement to speed up government spending.
Italy hosts major trade shows that attract buyers from throughout Europe and beyond. The U.S. Commercial Service offers on-site support for U.S. exporters at most of the major international shows, or by request. The U.S. Department of Commerce actively promotes investment in the United States through the SelectUSA program. In Italy, Commerce has extensively facilitated opportunities to invest in the United States to Italian businesses, trade associations and multipliers.