Donald Trump imposes his duties, Europe reorganizes himself and Italy does not remain to look at. Foreign Minister Antonio Tajani presented the Action plan for Italian exports in the high potential non-EU markets.
In the Italian economy, export represents 40% of GDP. The goal of the Meloni government is to center i 700 billion Of export by 2025.
What is the plan for Italian exports
From his, Italy has the advantage of being the sixth world exporter“The second economy in the world and the first in Europe for product diversification of exported assets”, as is pointed out. Contrary to what is usually thought, the world does not only ask for good wines, cheeses, beautiful clothes and luxury machines.
Italy is also world power in many other sectors:
- industrial machinery;
- weapons;
- component;
- ships;
- Metals;
- drugs;
- furniture;
- design.
The critical issues on the horizon, however, are not lacking: with 623.5 billion euros, Italian exports in 2024 saw one mild reduction in value equal to -0.4%. And Donald Trump’s duties represent a further challenge.
The Action plan for exports Presented by Tajani it develops along four guidelines:
- maintain and strengthen commercial relations with the USA, despite the duties, trying to avoid a commercial war and finding a balance in the Italian surplus towards the United States which today is worth 38.8 billion euros;
- expand the distribution network with commercial agreements with EU countries to diversify exports;
- Reduce bureaucracy and energy costs to improve the competitiveness of Made in Italy;
- Enhancement of exports in emerging markets, namely India, Brazil, Mexico, Saudi Arabia, Africa, Türkiye, Balkans and Asean countries (South-East Asia).
THE sectors key identified within the plan are those of the machinery, the automotive (despite the undeniable difficulties of recent years), the pharmaceutical, the textile and the luxury (also affected by the crisis), the agri -food, that of renewable energies and that of infrastructures.
Italian exports in emerging markets
To promote Made in Italy in emerging markets, in particular, the Italian government is adopting a strategy based on a series of tactics:
- economic diplomacy, or missions led by Minister Tajani in the markets considered strategic or high growth potential;
- Funding and insurance to Italian companies operating in the exports through SIMEST, SACE and CDP funds;
- Business Matching and international fairs to facilitate commercial contacts;
- Digitization and e-commerce in order to bring agreements for the online sale of Italian products on the main global marketplace.
Relations between Italy and the USA
Italy does not intend to lose its privileged interlocution with the USA, not even from a commercial point of view. Today the United States represent one of the main outlet markets for Made in Italy, absorbing about 11% of exports.
Italy is aware that the commercial surplus with the USA (38.8 billion euros in 2024) could generate tensions with the new American administration, with the risk of duties. To avoid an escalation and protect national interests, the Italian government is working on a “transactional strategy”, aimed at strengthening bilateral economic relations trying to ward off the commercial war.
Italy aims to tighten agreements on gas And defenseeven from the point of view of purchases. In summary, it is aimed at buying more from the USA, thus trying to accredit yourself in Trump’s eyes as friends and commercial partners and not as competitors.
