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  • Italy

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    Ashiq Gujjar
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    Italy is a member of the G8 and EU located in Southern Europe. Its economy relies heavily on services, particularly tourism, machinery, steel, chemicals, and food processing. Italy exports machinery, vehicles, chemicals, food and imports similar goods from major partners Germany and France. Bilateral trade between Pakistan and Italy has been growing, with Pakistan exporting textiles like clothing, fabrics and imports including machinery, steel, chemicals from Italy. However, the trade volume between the two countries remains small, with Pakistan accounting for only about 0.1% of both imports and exports for Italy.

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    Italy is a member of the G8 and EU located in Southern Europe. Its economy relies heavily on services, particularly tourism, machinery, steel, chemicals, and food processing. Italy exports machinery, vehicles, chemicals, food and imports similar goods from major partners Germany and France. Bilateral trade between Pakistan and Italy has been growing, with Pakistan exporting textiles like clothing, fabrics and imports including machinery, steel, chemicals from Italy. However, the trade volume between the two countries remains small, with Pakistan accounting for only about 0.1% of both imports and exports for Italy.

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    63 visualizações1 página

    Italy

    Enviado por

    Ashiq Gujjar
    Italy is a member of the G8 and EU located in Southern Europe. Its economy relies heavily on services, particularly tourism, machinery, steel, chemicals, and food processing. Italy exports machinery, vehicles, chemicals, food and imports similar goods from major partners Germany and France. Bilateral trade between Pakistan and Italy has been growing, with Pakistan exporting textiles like clothing, fabrics and imports including machinery, steel, chemicals from Italy. However, the trade volume between the two countries remains small, with Pakistan accounting for only about 0.1% of both imports and exports for Italy.

    Direitos autorais:

    Attribution Non-Commercial (BY-NC)
    Baixe no formato PDF, TXT ou leia online no Scribd
    Sinalizar o conteúdo como inadequado
    de 1

    ITALY

    GENERAL INFORMATION:
    Member Trade Bloc: G-8, EU
    Location: Southern Europe Capital: Rome Surface area: 301 thousand sq km Official language: Italian
    Population: 58.1 million (July 2007 est.) --- predominately Roman Catholic and a growing Muslim immigrant community
    Port & Harbors: Augusta, Bagnoli, Brindisi, Genoa, Livorno, Naples, Porto Foxi, Salerno, Savona, Taranto, Trieste

    KEY ECONOMIC INDICATORS 2002 2003 2004 2005 2006 2007 2008
    GDP (US$ bn): 1223.2 1510.1 1,728.9 1,772.8 1,852.6 2,104.7 2,399.3
    GDP per capita (Us$) 21463 26344 30,098 30,525 31,791 35,745 40,450
    Real GDP growth (% change YOY) 0.3 0.0 1.2 0.1 1.9 1.5 -0.6
    Goods & services exports (%GDP) 25.6 24.5 25.3 26.1 27.9 29.2 28.4
    Inflation(% change YOY) 2.6 2.8 2.3 2.2 2.1 1.8 4.6
    Unemployment rate (%) 8.6 8.4 8.1 8.3 … 6.7 6.8
    Total Exports (US$ bn) 254.427 299.333 353.782 366.797 409.572 491.532 -
    Total Imports (US$ bn) 247.015 297.519 355.300 379.696 436.083 504.591 -
    GDP – COMPOSITION: Agriculture: 1.9%, Industry: 28.8%, Services: 69.3% (2007)
    MAJOR INDUSTRIES: Tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics
    MAJOR TRADING PARTNERS OF ITALY
    Italy’s principal export destinations 2007: Italy’s principal import sources 2007:
    1- Germany 12.8% 1- Germany 16.7%
    2- France 11.4% 2- France 9.0%
    3- Spain 7.3% 3- China 5.9%
    Pakistan 0.11% Pakistan 0.13%

    ITALY’S MAIN ITEMS OF EXPORT : engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment,
    chemicals; food, beverages and tobacco; minerals and nonferrous metals
    ITALY’S MAIN ITEMS OF IMPORT : engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals,
    textiles and clothing; food, beverages and tobacco
    TRADE BETWEEN PAKISTAN & ITALY
    (Million US$)
    YEAR EXPORT IMPORT Balance of TOTAL EXPORT % SHARE IN TOTAL IMPORTS % SHARE IN
    Trade OF PAKISTAN TOTAL EXP. OF PAKISTAN TOTAL IMPORTS
    2001-02 231.270 179.450 51.82 9202.218 2.51 10,342.865 1.74
    2002-03 341.209 257.796 83.413 11,160.246 3.06 12,220.253 2.11
    2003-04 454.048 312.63 141.418 12,313.285 3.69 15,591.776 2.01
    2004-05 588.332 363.729 224.603 14,391.081 4.09 20,598.114 1.77
    2005-06 585.453 523.776 61.677 16,452.398 3.56 28,586.007 1.83
    2006-07 639.680 543.845 95.835 16,976.243 3.76 30,539.709 1.78
    2007-08 722.698 551.507 171.191 19,222.86 3.760 39,968.50 1.380

    800
    600
    400 Exports
    200 Imports
    0
    2001‐02 2002‐03 2003‐04 2004‐05 2005‐06 2006‐07 2007‐08

    Share of Pakistan Exports in Italy’s total Imports (2007)= 0.13 % Share of Pakistan Imports in Italy’s total Exports (2007)= 0.11 %

    Major items of export from Pakistan to Italy Major Items of Import from Italy to Pakistan
    (US$ Million) (US$ Million)
    Commodity Description 03-04 04-05 05-06 06-07 07-08 Commodity Description 03-04 04-05 05-06 06-07 07-08
    Article of apparel/cloth Boilers Machinery &
    89.61 115.38 148.941 162.48 127.001 159.81 219.216 304.526 315.43 317.55
    access Mechanical appl.
    Cotton yarn & woven
    110.24 123.9 164.226 179.11 204.751 Iron & Steel & articles 24.85 27.91 68.054 70.69 72.64
    fabrics
    Made up tex. articles, rags Telecommunication app/
    53.33 72.4 83.979 91.73 143.106 15.45 15.26 21.673 22.46 24.85
    etc equp.
    Leather & Leather
    52.04 60.77 56.155 61.356 87.28 Organic chemical 14.09 10.61 15.309 16.31 19.93
    Manufactures

    Plastic & articles there of 44.7 45.11 32.828 35.87 - Pharmaceutical Products 8.47 9.114 15.211 15.79 16.33

    Source: WTO Trade data base, World Development Indicators, Federal Bureau of Statistics, Pakistan Revenue Automation Pvt. Limited (PRAL).

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