June 2, 2015 - Indy500 prototype made by the Italian company Dallara on show (with the ItalyinUS.org logo) at the Italian Republic Day at our Embassy.

Economy and Trade are fundamental pillars in the relations between Italy and United States. Commercially speaking, USA is the country with which historically Italy has the greatest commercial surplus. Main areas of our exports in the U.S. are mechanical machineries, transports, fashion and agro-food. Italy’s import of U.S. products is mainly focused on pharmaceuticals and chemicals products, energy products (coal and refined of oil) and aircraft.

U.S. investments in Italy are focused on manufacturing industry (in particular chemical, mechanical, computer and electronics), in the service sector, primarily in the financial/insurance field, telecommunications and information technology, and banking. Italian investments in the U.S. are focused on the retail sector (textiles/clothing), mechanical engineering, automotive, logistics, and aerospace.

The prospect of a possible agreement between the USA and the EU for greater integration of their respective markets is a key issue of crucial importance. The TTIP (Transatlantic Trade and Investment Partnership) negotiations are in fact frozen. The Trump Administration is, actually, conducting a comprehensive "review" of American commercial policy. There are, however, encouraging signals of a possible resumption of the dialogue between Washington and Brussels.

• Data on bilateral trade
• Data on bilateral investments

Doing Business in the U.S.

If you are an Italian company and wish to get information on doing business in the U.S., we suggest you start from the “Info Mercati Esteri” website (in Italian only). Click on the following links to learn more on:

• Where to invest
• What to sell

For more on the U.S. Federal and State laws that an Italian investor needs to be aware of before establishing a business in the U.S., on legal and fiscal requirements, employment regulations, investment rules, incentives offered by several State administrations, and other useful resources information, you can also explore:

• The U.S. government website “Select USA”
• The info on trade opportunities provided by the Italian Trade Commission

For requests for assistance to the economic and commercial section, please click here

Doing Business in Italy

If you wish to do business in Italy, you can check out:

• The "Doing Business in Italy" and "Why Invest in Italy" guides curated by the Italian Ministry of Economic Development 
• The Statistics on Italian economy provided by the Bank of Italy
• The macroeconomic data and analyses provided by the Treasury Department of the Italian Ministry of Economy and Finance
• The Italia Startup Visa website, providing information on the Italian policy to attract innovative entrepreneurs from all over the world
• Italian Business Register, providing official information on companies with headquarters or local branches in Italy

Agreements on fiscal issues

• United States-Italy Income and Capital Tax Convention
• Bilateral Agreement between Italy’s Ministry of Agriculture and US’ Tobacco Tax and Trade Bureau on Alcoholic Beverages Quality Control
• Italian Companies in the United States
• Italy-US convention on avoiding double-taxation and filing requirements
• Convention Between The Government Of The United States Of America And The Government Of The Italian Republic For The Avoidance Of Double Taxation With Respect To Taxes On Income And The Prevention Of Fraud Or Fiscal Evasion
• Exchange of Verbal Notes that amended the Convention