Taking account of the intermediate goods traded in Europe’s value chains, Italy’s share of EU exports to other countries stands at 14 per cent. Italy holds almost € billion worth of direct investment in the rest of Europe and more than € billion in portfolio investment. In the last decade, more than 100,000 European citizens have moved to our country each year on average.
Italy contributes decisively to making Europe more attractive to tourists and investors. In 2019, there were more than 60 million European visitors to Italy and 35 million from other countries. In the same way, Europe is important for Italy. European Union countries constitute the main outlet market for Italy’s goods, accounting for 50 per cent of our exports.