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Country Guide:
Italy

With its innovative and strong supply chain infrastructure, Italy continues to be a key European market for British business.

Italy at a Glance

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Projected Economy 2030

59m

Population

Italian

Business Languages

GMT +1

Time zone

22%

Standard VAT/ GST Rates

Trade at a Glance

11th

Largest UK Export Market

9th

Largest UK Import Market

58

Ease of Doing Business Rank (2019)

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Projected Import Market 2030

19th

Largest Outward FDI Markets

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Largest Import FDI Markets

37.1

World Bank - Export of Goods and Services (% of GDP)

38.7

World Bank - Import of Goods and Services (% of GDP)

Total Trade Between UK and Italy.png

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