The rates of air freight to Italy and ocean freight to Italy have increased sharply in recent years. Italy, which is located in southern Europe, became a member of the European Union in 1958 and was one of the first countries that joined the EU. The EU is a Customs Union made up of member countries that have joined together to establish a single customs region. Legally imported goods are free to move within the EU without extra customs regulations.
According to the Economic Complexity Index, Italy was the world’s number 8 economy in terms of GDP, number 7 in total exports, number 10 in total imports, number 31 in terms of GDP per capita, and the number 19 most complicated economy in 2020.
Crude Petroleum, Cars, Packaged Medicaments, Petroleum Gas, and Gold are Italy’s top imports, with the majority coming from Germany, France, China, the Netherlands, and Spain.