U n i t e d N at i o n s C o n f e r e n c e o n T r a d e A n d D e v e l o p m e n t INVESTMENT COUNTRY PROFILES ITALY February 2012 ______________________________________________________________________________________________________ Italy i NOTE The Division on Investment and Enterprise of UNCTAD is a global centre of excellence, dealing with issues related to investment and enterprise development in the United Nations System. It builds on three and a half decades of experience and international expertise in research and policy analysis, intergovernmental consensus building, and provides technical assistance to developing countries. The terms country/economy as used in this investment country profile also refer, as appropriate, to territories or areas; the designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. In addition, the designations of country groups are intended solely for statistical or analytical convenience and do not necessarily express a judgment about the stage of development reached by a particular country or area in the development process. The major country groupings used in this investment country profile follow the classification of the United Nations Statistical Office. These are: Developed countries: the member countries of the OECD (other than Chile, Mexico, the Republic of Korea and Turkey), plus the new European Union member countries which are not OECD members (Bulgaria, Cyprus, Latvia, Lithuania, Malta, and Romania), plus Andorra, Liechtenstein, Monaco and San Marino. Transition economies: South-East Europe and the Commonwealth of Independent States. Developing economies: in general all economies not specified above. For statistical purposes, the data for China do not include those for Hong Kong Special Administrative Region (Hong Kong SAR), Macao Special Administrative Region (Macao SAR) and Taiwan Province of China. Reference to companies and their activities should not be construed as an endorsement by UNCTAD of those companies or their activities. The boundaries and names shown and designations used on the maps presented in this publication do not imply official endorsement or acceptance by the United Nations. The following symbols have been used in the tables: • • • • • • • Two dots (..) indicate that data are not available or are not separately reported. Rows in tables have been omitted in those cases where no data are available for any of the elements in the row; A dash (–) indicates that the item is equal to zero or its value is negligible; A blank in a table indicates that the item is not applicable, unless otherwise indicated; A slash (/) between dates representing years, e.g., 1994/95, indicates a financial year; Use of an en dash (–) between dates representing years, e.g., 1994–1995, signifies the full period involved, including the beginning and end years; Reference to “dollars” ($) means United States dollars, unless otherwise indicated; Annual rates of growth or change, unless otherwise stated, refer to annual compound rates; Details and percentages in tables do not necessarily add up to totals because of rounding. Only tables shaded in the Table of Contents are available in this investment country profile. The material contained in this study may be freely quoted with appropriate acknowledgement. Period average End of period 1999 2000 2001 0.939 0.995 1.085 1.075 1.118 1.135 Exchange rates, Euro per US dollar 2002 2003 2004 2005 1.063 0.954 0.886 0.792 0.805 0.734 0.804 0.848 2006 2007 2008 2009 2010 0.797 0.759 0.731 0.679 0.683 0.719 0.720 0.694 0.755 0.748 UNCTAD/WEB/DIAE/IA/2012/3 ______________________________________________________________________________________________________ Italy _______________________________________________________________________________________________________________ii Table of Contents Page Highlights........................................................................................................................... A. Definitions and sources of data................................................................................... B. Statistics on FDI and the operations of TNCs (shaded rows show available tables) 1 Table 1. Summary of FDI.................................................................................................................................... 4 Table 2. Summary of international production..................................................................................................... 4 Table 3. FDI flows, by type of investment............................................................................................................ 5 Table 4. FDI stocks, by type of investment........................................................................................................... 6 Table 5. FDI flows in the host economy, by industry............................................................................................ 7 Table 6. FDI flows in the host economy, by geographical origin.......................................................................... 8 1 4 Table 7. FDI flows in the host economy, by industry and geographical orign....................................................... Table 8. FDI flows abroad, by industry................................................................................................................ 9 Table 9. FDI flows abroad, by geographical destination...................................................................................... 10 Table 10. FDI flows abroad, by industry and geographical destination................................................................ Table 11. FDI stocks in the host economy, by industry........................................................................................ 11 Table 12. FDI stocks in the host economy, by geographical origin...................................................................... 12 Table 13. FDI stocks in the host economy, by industry and geographical orign................................................... Table 14. FDI stocks abroad, by industry............................................................................................................ 13 Table 15. FDI stocks abroad, by geographical destination.................................................................................. 14 Table 16. FDI stocks abroad, by industry and geographical destination.............................................................. Table 19. The number of home-based TNCs, by industry in the home economy................................................. Table 20. The number of foreign affiliates of home-based TNCs, by industry abroad.......................................... 15 Table 21. The number of foreign affiliates of home-based TNCs, by geographical location abroad..................... 16 Table 22. The number of affiliates of foreign TNCs in the host economy, by industry.......................................... 17 Table 23. The number of affiliates of foreign TNCs in the host economy, by geographical origin........................ 18 Table 26. Assets of home-based TNCs, by industry in the home economy......................................................... Table 27. Assets of foreign affiliates of home-based TNCs, by industry abroad.................................................. Table 28. Assets of foreign affiliates of home-based TNCs, by geographical location abroad............................. Table 29. Assets of affiliates of foreign TNCs in the host economy, by industry.................................................. Table 30. Assets of affiliates of foreign TNCs in the host economy, by geographical origin................................. Table 31. Employment of home-based TNCs, by industry in the home economy................................................ Table 32. Employment of foreign affiliates of home-based TNCs, by industry abroad......................................... 19 Table 33. Employment of foreign affiliates of home-based TNCs, by geographical location abroad.................... 20 Table 34. Employment of affiliates of foreign TNCs in the host economy, by industry......................................... 21 Table 35. Employment of affiliates of foreign TNCs in the host economy, by geographical origin........................ 22 Table 36. Wages and salaries of home-based TNCs, by industry in the home economy..................................... Table 37. Wages and salaries of foreign affiliates of home-based TNCs, by industry abroad.............................. Table 38. Wages and salaries of foreign affiliates of home-based TNCs, by geographical location abroad......... Table 39. Wages and salaries of affiliates of foreign TNCs in the host economy, by industry.............................. Table 40. Wages and salaries of affiliates of foreign TNCs in the host economy, by geographical origin............ Table 41. Sales of home-based TNCs, by industry in the home economy........................................................... Table 42. Sales of foreign affiliates of home-based TNCs, by industry abroad.................................................... 23 Table 43. Sales of foreign affiliates of home-based TNCs, by geographical location abroad............................... 24 Table 44. Sales of affiliates of foreign TNCs in the host economy, by industry.................................................... 25 Table 45. Sales of affiliates of foreign TNCs in the host economy, by geographical origin................................... 26 Table 46. Value added of home-based TNCs, by industry in the home economy................................................ Table 47. Value added of foreign affiliates of home-based TNCs, by industry abroad......................................... Table 48. Value added of foreign affiliates of home-based TNCs, by geographical location abroad.................... Table 49. Value added of affiliates of foreign TNCs in the host economy, by industry......................................... _______________________________________________________________________________________________________________ Italy _______________________________________________________________________________________________________________ iii Table of Contents Page Table 50. Value added of affiliates of foreign TNCs in the host economy, by geographical origin........................ Table 51. Profits of home-based TNCs, by industry in the home economy.......................................................... Table 52. Profits of foreign affiliates of home-based TNCs, by industry abroad................................................... Table 53. Profits of foreign affiliates of home-based TNCs, by geographical location abroad.............................. Table 54. Profits of affiliates of foreign TNCs in the host economy, by industry................................................... Table 55. Profits of affiliates of foreign TNCs in the host economy, by geographical origin................................. Table 56. Exports of home-based TNCs, by industry in the home economy........................................................ Table 57. Exports of foreign affiliates of home-based TNCs, by industry abroad................................................. Table 58. Exports of foreign affiliates of home-based TNCs, by geographical location abroad............................ Table 59. Exports of affiliates of foreign TNCs in the host economy, by industry................................................. Table 60. Exports of affiliates of foreign TNCs in the host economy, by geographical origin............................... Table 61. Imports of home-based TNCs, by industry in the home economy........................................................ Table 62. Imports of foreign affiliates of home-based TNCs, by industry abroad................................................. Table 63. Imports of foreign affiliates of home-based TNCs, by geographical location abroad............................ Table 64. Imports of affiliates of foreign TNCs in the host economy, by industry................................................. Table 65. Imports of affiliates of foreign TNCs in the host economy, by geographical origin................................ Table 66. R&D of home-based TNCs, by industry in the home economy............................................................ Table 67. R&D of foreign affiliates of home-based TNCs, by industry abroad..................................................... Table 68. R&D of foreign affiliates of home-based TNCs, by geographical location abroad................................ Table 69. R&D of affiliates of foreign TNCs in the host economy, by industry..................................................... Table 70. R&D of affiliates of foreign TNCs in the host economy, by geographical origin.................................... Table 71. Employment in R&D of home-based TNCs, by industry in the home economy.................................... Table 72. Employment in R&D of foreign affiliates of home-based TNCs, by industry abroad............................. Table 73. Employment in R&D of foreign affiliates of home-based TNCs, by geographical location abroad........ Table 74. Employment in R&D of affiliates of foreign TNCs in the host economy, by industry............................. Table 75. Employment in R&D of affiliates of foreign TNCs in the host economy, by geographical origin............ Table 76. Royalty receipts of home-based TNCs, by industry in the home economy........................................... Table 77. Royalty receipts of foreign affiliates of home-based TNCs, by industry abroad.................................... Table 78. Royalty receipts of foreign affiliates of home-based TNCs, by geographical location abroad............... Table 79. Royalty receipts of affiliates of foreign TNCs in the host economy, by industry.................................... Table 80. Royalty receipts of affiliates of foreign TNCs in the host economy, by geographical origin................... Table 81. Royalty payments of home-based TNCs, by industry in the home economy........................................ Table 82. Royalty payments of foreign affiliates of home-based TNCs, by industry abroad................................. Table 83. Royalty payments of foreign affiliates of home-based TNCs, by geographical location abroad............ Table 84. Royalty payments of affiliates of foreign TNCs in the host economy, by industry................................. Table 85. Royalty payments of affiliates of foreign TNCs in the host economy, by geographical origin................ Table 86. Largest home-based TNCs.................................................................................................................. 27 Table 87. Largest foreign affiliates of homebased TNCs..................................................................................... 28 Table 88. Largest affiliates of foreign TNCs in the host economy........................................................................ 29 _______________________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 1 Highlights In 2010, the stock of outward foreign direct investment (FDI) from Italy was worth €365 billion ($488 billion) while its stock of inward FDI was €248 billion ($332 billion). For the four most recent years (2007–2010), the average outflows were €38.0 billion ($52.9 billion); the average inflows were €10.8 billion ($14.7 billion). Compared to most of the other major EU countries, Italy is underperforming in its FDI attraction related to the size of its economy: while Italy accounted for 13 per cent of the EU’s GDP in 2010, its outward stock was 5.3 per cent and its inward stock was 4.9 per cent of the EU’s totals. EU countries are the major recipients of Italy’s outward FDI. In 2010, the EU hosted 74 per cent of Italy’s outward FDI stock. The five largest recipients are the Netherlands, Spain, Germany, France and Austria. Likewise, EU countries are the origins of most of Italy’s FDI. In 2010, EU countries were home to 85 per cent of Italy’s inward FDI stock. The five largest investor countries are Luxembourg, France, the Netherlands, the United Kingdom and Germany. Thus Italy’s FDI is highly regional and involves mostly intra-EU transactions. Foreign affiliates in Italy employed 932 thousand people in 2008, while the foreign affiliates of Italian transnational corporations employed 1.4 million people abroad. A. Definitions and sources of data Data on the stock and flows of foreign direct investment (FDI) in Italy are compiled and published by the central bank (Banca d’Italia), respectively on a monthly and quarterly basis, according to methodology of the fifth edition of IMF's Balance of Payments Manual. Revisions of annual data are also published in the Annual Report of Banca d'Italia . In accordance with international standards, the basic criterion for defining FDI in Italy and Italian FDI abroad is 10 per cent ownership by a non-resident/resident investor, regardless of whether the investor has an effective voice in management. The directional principle is applied. The data cover all types of financial flows affecting equity capital, namely, listed voting stocks (shares), unlisted voting stocks, other non-voting stocks (including preferred shares), and non-cash acquisitions of equity, such as through the provision of capital equipment. During the second half of 2010, the balance of payments (BOP) and international investment position (IIP) data collection system was radically renovated and the old settlement-based framework replaced. Between January and May 2011 revised data have been disseminated (reference periods from 2008 for BOP and end 2007 for IIP). The new system is mainly based on direct reporting by entities involved in cross-border transactions, in general on a sample basis for non-financial and insurance enterprises and on a census basis for financial intermediaries. Differently from the past, information on cross-border payments from resident banks is only used, on an aggregate basis, to better target entities involved in crossborder transactions, for the sake of efficiency gains in the sample survey selection phase. In the new system, the reporting frequency of flows (actual or derived from stocks) is mainly monthly. Investment income is partly estimated starting from monthly or quarterly stock data. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 2 The new data collection system consists of a large and complex set of data sources; the latter vary according to the BOP/IIP item and/or the sector of the economy involved (the so-called “matrix approach” is adopted). Some data sources were already in use under the old BOP system and continue to be in place, namely banks and monetary authority monthly reports on their claims and liabilities vis-à-vis nonresidents. Other data sources have been specifically introduced in the new data collection system. The most innovative is the so-called “direct reporting system”, a set of sample surveys covering nonfinancial and financial transactions and/or positions. Surveys are addressed to nonfinancial and insurance corporations (the global sample for the 2011 edition includes about 7000 enterprises), selected from a BOP-specific business register. The direct reporting system includes: 1) a monthly and a quarterly financial transaction and position survey. The monthly and quarterly questionnaires are addressed to separate samples. The monthly sample includes the top resident companies (about 300), while the quarterly sample consists of the other large-medium enterprises (around 600 including first 300) that follow in a ranking by dimension. For both surveys the timeliness is one month after the end of the reference period. Data about the following phenomena are collected: • loans • trade credits • accounts and deposits • securities, if a direct investment relationship exists between the reporter and its foreign counterpart and only if securities qualify as “other capital” (debts and non-voting shares) or “reverse investment” (voting shares representing less than 10 per cent of the capital of the investment enterprise) • other assets/liabilities • derivatives 2) a monthly survey on financial events in equity or dividends: it collects, within one month from the end of the reference period, transactions in outward and inward equity capital. Data are separately required for greenfield, mergers and acquisitions, extension of capital, provision of capital to cover losses, and dividend distribution. 3) an annual financial position survey: it covers almost all items of the IIP. Data are required within six months from the end of the reference year. Reporting is asked for: • assets and liabilities in participations exceeding 10 per cent of the investment enterprise’s capital • assets and liabilities in securities, if a direct investment relationship exists between the reporter and its foreign counterpart and only if securities qualify as “other capital” (debts and non-voting shares) or “reverse investment” (voting shares representing less than 10 per cent of the investment enterprise’s capital) • assets in securities deposited abroad (both foreign and Italian securities), if a direct investment relationship between the reporter and the issuer does not exist (information needed for portfolio investment compilation) • derivatives • other assets/liabilities (loans, repurchase agreements, trade credits, accounts and deposits), with a distinction between positions vis-à-vis direct investor and other counterparts. Whenever possible, with the aim to reduce the reporting burden, the new collection system makes use of already existing administrative data sources (e.g. tax authority's records, Chambers of Commerce database on active enterprises, database on enterprises’ balance-sheets, etc.). Administrative data are used both to estimate specific BOP/IIP items − especially for transactions/positions involving the households sector − and to update the BOP business register. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 3 The classification of FDI stock data by country and by region reflects the immediate counterpart. The classification by industry is based on the United Nations International Standard Industrial Classification of All Economic Activities (ISIC Rev.4 which corresponds to NACE (Statistical Classification of Economic Activities in the European Community) Rev.2) and refers, for stocks, to the economic activity of the foreign affiliate in Italy (inward FDI) and the non-resident direct investment enterprise (outward FDI) whereas, for flows, to the foreign affiliate in Italy (inward FDI) and the resident direct investor (outward FDI). Istituto Nazionale per il Comercio Estero compiles data on the operations of foreign affiliates in the country. The data compilation is based on the Regulation (EC) No. 716/2007 of the European Parliament and of the Council. The FATS (Foreign Affiliates Statistics) Recommendations Manual provides a methodological framework for the collection and compilation of foreign affiliates statistics. In general, an enterprise is considered a foreign affiliate if it is controlled at least by 50 per cent by a foreign parent. Direct investment flows include net investment in equity capital, reinvested earnings and credits/debits between affiliated enterprises. Cross-border transactions involving real estate and construction are also included. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 4 B. Statistics on FDI and the operations of TNCs Table 1. Summary of FDI (Millions of euros and percentage) Variable Inward 1. FDI flows, 2007-2010 (annual average) 10 838 38 008 3.4 12.2 248 439 364 921 16.2 23.8 2. FDI flows as a percentage of GFCF, 2007-2010 (annual average) 3. FDI stocks, 2010 Outward 2. FDI stocks as a percentage of GDP, 2010 Source : Based on tables 3, 4 and UNCTAD, FDI/TNC database. Table 2. Summary of international production, 2008 (Millions of euros and number) Variable Number Employees (thousands) Sales Home-based Affiliates of TNCs foreign (Parent) TNCs in Italy .. .. .. 7 608 932 496 913 Foreign affiliates of Italy TNCs abroad 22 715 1 352 460 514 Based on tables 20, 22, 32, 34, 42 and 44. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 5 Table 3. FDI flows, by type of investment, 1980–2010a (Millions of euros and dollars) Inward Investment Year 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Equity 577 1 127 617 1 190 1 321 1 072 - 172 4 175 6 801 2 166 6 411 2 401 3 105 3 749 2 199 4 842 3 546 3 700 2 635 4 613 7 465 6 832 5 715 2 823 7 006 17 772 13 584 -2 548 5 401 -3 461 Reinvested earnings Outward Investment Other Total - - 3 085 2 914 4 036 6 529 4 826 4 166 4 918 4 754 3 420 5 212 5 076 .. .. .. .. .. .. .. .. .. .. - 786 2 996 4 003 2 302 8 765 4 890 8 589 11 035 -8 276 3 836 5 317 .. .. .. .. .. .. .. .. .. .. Equity 577 1 127 617 1 190 1 321 1 072 - 172 4 175 6 801 2 528 6 345 2 482 3 210 3 747 2 236 4 817 3 535 4 961 4 280 6 911 13 375 14 871 14 545 16 415 13 542 16 062 31 279 29 373 -7 404 14 450 6 932 740 1 392 969 2 022 1 882 1 736 2 456 2 094 4 703 2 160 7 394 7 534 4 148 7 329 5 239 7 024 8 697 10 414 12 407 338 7 500 13 702 9 204 11 379 22 071 22 618 48 445 18 322 8 696 8 769 Reinvested earnings Other Total - - 3 364 234 - 857 2 323 2 778 2 163 3 413 4 512 10 344 10 561 7 115 .. .. .. .. .. .. .. .. .. .. 3 019 4 582 8 627 5 596 -5 087 9 399 7 503 13 367 17 074 -3 940 8 767 .. .. .. .. .. .. .. .. .. .. 740 1 392 969 2 022 1 882 1 736 2 456 2 094 4 703 2 003 7 614 7 326 5 947 7 221 5 110 5 732 6 465 12 242 16 079 6 722 12 316 21 472 17 123 9 071 15 513 33 633 33 534 66 326 45 740 15 317 24 651 Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. a Data are shown in millions of dollars prior to 2003. Note : Totals in this table may differ from those shown in tables 5, 6, 8 and 9 due to differing data publication/last revision schedules. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 6 Table 4. FDI stocks, by type of investment, 1980–2010a (Millions of euros and dollars) Inward Investment Year 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Equity and Reinvested earnings 157 370 182 764 188 305 176 890 190 498 180 336 Other 32 576 41 136 67 461 58 728 62 471 68 104 Outward Investment Total Equity and Reinvested earnings 8 892 7 728 7 377 7 320 11 565 18 976 25 554 31 353 36 884 49 391 59 998 61 576 49 963 53 949 60 376 65 350 74 640 85 468 108 822 108 638 121 170 113 435 130 819 180 891 162 044 189 946 223 900 255 766 235 618 252 968 248 439 214 490 243 527 286 020 304 192 328 211 344 052 Other 34 281 44 196 -2 164 13 683 9 411 20 869 Total 7 319 7 718 8 424 8 743 13 099 16 600 26 080 32 332 36 907 42 779 60 184 70 400 70 369 81 068 89 629 106 323 117 341 139 546 176 963 181 852 180 275 182 375 194 496 238 887 205 918 248 771 287 723 283 856 317 874 337 621 364 921 Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. a Data are shown in millions of dollars prior to 2003. Note : Totals in this table may differ from those shown in tables 11, 12, 14 and 15 due to differing data publication/last revision schedules. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 7 Table 5. FDI flows in the host economy, by industry, 2000–2010 (Millions of euros) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Mining and quarrying Petroleum Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products Manufacture of pharmaceuticals Rubber and plastic products Non-metallic mineral products Metal and metal products Machinery and equipment Electrical and electronic equipment Precision instruments Motor vehicles and other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Automotive trade and repair Wholesale trade Distributive trade Hotels and restaurants Transport, storage and communications Transport and storage Post and communications Finance Financial intermediation Insurance and pension funding Activities auxiliary to financial intermediation Business activities Real estate Rental activities Computer and related activities Research and development Other business activities Public administration and defence Education Health and social services Community, social and personal service activities Unspecified Private buying and selling of property 2000 2001 2002 2003 2004 2005 2006 2007 13 813 15 838 15 078 13 443 13 215 15 050 23 879 23 971 103 1 221 359 1 880 3 782 8 508 2 740 3 297 - 19 191 - 101 97 189 412 - 527 33 122 1 030 460 1 783 3 593 8 096 3 267 3 264 5 960 5 313 5 225 5 306 1 623 5 632 6 009 4 932 479 1 107 533 2 221 292 1 923 1 464 - 769 336 268 417 316 413 438 645 959 571 400 659 954 -2 846 355 134 227 318 373 329 419 553 1 059 114 215 6 759 1 257 2 053 1 810 2 971 1 058 3 878 3 870 7 658 9 252 9 523 6 260 7 782 891 15 055 15 680 262 164 178 324 101 165 226 178 -1 577 944 555 367 29 526 2 842 1 567 2 556 1 250 575 - 369 416 -3 232 1 614 3 938 4 081 1 967 4 240 2 658 4 628 972 7 013 5 622 92 52 - 29 -3 28 19 75 62 - 2008 2009 -7 404 14 450 - 181 118 - 170 102 - 10 16 -1 1 -9 15 -1 103 2 711 594 58 52 140 - 249 53 44 -2 168 1 389 - 981 759 14 142 60 629 - 416 449 - 16 -2 21 146 220 - 96 345 -8 672 9 228 833 210 - 142 302 654 1 596 - 194 124 360 1 220 488 252 -5 1 - 213 1 023 75 775 - 287 249 -8 958 5 127 -8 536 4 769 - 281 197 - 141 161 - 695 817 235 369 59 35 2 4 - 33 1 - 959 409 - 145 66 1 10 -1 74 614 3 1 938 2 390 Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. Notes : Post and communications refer to other information and communication activities. ______________________________________________________________________________________________________ 2010 6 932 447 335 111 12 100 3 062 764 318 67 50 717 363 124 221 539 81 - 10 350 163 7 454 207 154 1 827 24 1 696 107 28 925 247 678 3 563 3 142 374 47 621 250 90 15 266 40 1 88 -5 824 1 794 ______________________________________________________________________________________________________ Italy 8 Table 6. FDI flows in the host economy, by geographical origin, 2000–2010 (Millions of euros) Region/economy Total world Developed countries Europe European Union Belgium Bulgaria Cyprus Czech Republic Denmark Finland France Germany Greece Hungary Ireland Luxembourg Malta Netherlands Poland Portugal Spain Sweden United Kingdom Other developed Europe Norway Switzerland North America Canada United States Other developed countries Australia Japan Developing economies Africa Algeria South Africa Latin America and the Caribbean South and Central America Caribbean Asia West Asia Turkey United Arab Emirates South, East and South-East Asia China Hong Kong, China India Indonesia Korea, Republic of Malaysia Singapore Oceania South-East Europe and CIS South-East Europe CIS Russian Federation Unspecified 2000 2001 2002 2003 2004 2005 2006 2007 14 529 14 387 11 736 10 355 619 -1 610 34 - 383 243 10 8 30 1 279 6 829 189 385 131 2 553 1 382 11 1 370 2 526 294 2 233 124 38 83 72 24 9 6 5 7 42 4 2 1 35 1 13 -1 13 4 3 1 1 67 16 633 16 437 14 125 13 095 234 60 108 3 303 1 122 1 1 188 3 071 1 615 3 188 478 167 2 331 1 030 7 1 011 1 835 65 1 770 477 3 475 109 17 2 30 22 5 62 29 28 30 2 12 -1 1 16 3 -2 4 4 84 15 483 15 263 13 498 12 147 398 40 -5 3 013 1 315 1 -1 87 2 483 3 053 6 27 65 177 1 430 1 351 10 1 337 1 491 19 1 472 273 5 270 116 40 3 33 28 3 43 3 39 46 -6 -1 1 1 1 102 14 549 14 272 13 365 13 197 107 17 19 2 486 1 749 -2 1 564 1 845 3 918 29 166 46 2 161 168 99 68 738 17 721 169 12 138 113 14 1 47 37 8 52 3 1 1 31 5 6 2 8 3 1 1 1 1 162 13 554 13 288 12 330 11 071 38 70 18 1 003 - 720 4 115 - 32 1 577 6 984 1 24 345 55 1 458 1 259 - 11 1 261 730 38 692 229 1 225 196 -1 92 87 7 105 11 6 4 81 -3 43 10 1 6 5 4 1 1 65 16 059 15 723 14 677 14 180 - 897 32 -1 261 - 85 2 994 2 008 2 2 - 805 3 119 6 3 401 4 19 2 546 18 1 188 497 4 485 923 13 910 124 14 109 248 46 12 -4 88 76 7 115 59 -1 2 5 8 3 2 1 -6 -1 -4 4 2 2 2 84 31 281 30 642 29 133 28 405 110 15 18 104 18 8 863 - 385 11 5 1 032 815 5 12 332 8 7 3 455 99 1 744 728 - 54 772 1 364 17 1 346 146 33 110 550 81 26 -2 101 95 8 365 39 7 32 208 3 102 2 6 19 16 6 2 10 2 8 8 80 29 373 29 005 28 286 27 925 3 155 14 7 107 -4 6 624 - 813 4 1 173 2 586 1 214 4 8 463 4 24 3 536 194 1 407 362 32 324 750 30 720 - 31 42 - 87 215 - 49 - 11 1 28 20 6 236 7 2 5 35 -6 27 1 6 - 13 14 92 6 85 85 61 2008 2009 2010 -7 404 -10 310 -12 976 -14 818 465 - 160 - 17 59 262 179 -31 461 3 340 -2 - 515 586 9 979 112 -3 377 - 120 -3 819 990 1 610 1 842 38 1 523 2 144 19 2 125 522 184 345 1 490 397 9 7 560 427 133 533 60 15 35 473 17 332 17 1 65 -6 -7 968 96 872 865 448 14 450 13 940 13 445 14 084 4 534 1 81 - 216 - 315 59 5 666 2 365 21 - 289 -1 514 1 276 425 3 634 - 58 620 - 325 -1 521 2 526 - 639 - 88 - 389 249 - 17 266 246 - 209 453 735 29 26 -4 16 - 15 31 691 23 2 18 667 181 - 286 33 688 3 11 - 191 11 - 203 343 - 35 6 932 3 331 1 316 - 529 - 973 6 74 103 186 - 21 3 281 - 114 11 - 989 165 634 - 67 -7 952 72 233 728 117 3 067 1 845 223 1 564 2 164 - 11 2 175 - 149 - 130 - 50 73 65 32 31 304 337 - 34 - 296 6 9 19 - 301 - 20 35 90 2 - 722 13 288 284 43 241 - 319 3 245 Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 9 Table 8. FDI flows abroad, by industry, 2000–2010 (Millions of euros) Sector / industry 2000 2001 2002 Total 10 829 23 619 16 406 Primary 61 9 293 2 521 Agriculture, hunting, forestry and fishing 16 11 9 Mining, quarrying and petroleum 45 9 282 2 512 Mining and quarrying Petroleum Secondary 4 817 5 399 3 511 Food, beverages and tobacco - 164 622 72 Textiles, clothing and leather 257 169 285 Wood and wood products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products 619 727 340 Manufacture of pharmaceuticals products Rubber and plastic products Non-metallic mineral products Metal and metal products 193 865 167 Machinery and equipment 2 891 1 556 1 503 Electrical and electronic equipment Precision instruments Motor vehicles and other transport equipment Other manufacturing Tertiary 5 933 8 833 10 251 Electricity, gas and water Construction 286 117 - 37 Trade 634 479 901 Automotive trade and repair Wholesale trade Distributive trade Hotels and restaurants Transport, storage and communications 1 716 2 972 358 Transport and storage Post and communications Finance 1 173 791 4 377 Financial intermediation Insurance and pension funding Activities auxiliary to financial intermediation Business activities Real estate Rental activities Computer and related activities Research and development Other business activities Public administration and defence Education Health and social services Community, social and personal service activitie Other services Unspecified 18 94 123 Private buying and selling of property - 2003 2004 2005 2006 2007 6 243 14 534 14 474 27 160 45 972 3 090 4 313 2 211 3 039 27 681 34 17 57 34 107 3 056 4 296 2 154 3 005 27 574 1 192 6 097 6 142 10 747 9 199 264 122 166 496 489 301 231 331 219 349 645 1 393 1 393 1 805 1 983 245 198 483 - 179 1 198 -1 246 3 409 2 966 7 338 -2 227 1 806 4 110 6 096 13 455 8 976 200 69 128 - 90 85 434 854 743 856 1 061 -7 349 - 743 89 1 647 1 234 4 912 2 122 4 143 8 595 5 217 155 14 25 - 81 116 - 2008 2009 2010 45 740 15 317 24 651 7 576 6 795 3 270 766 - 143 126 6 810 6 938 3 145 -2 5 6 810 6 940 3 140 13 236 2 048 7 044 1 181 339 335 196 - 60 23 - 18 -8 67 18 -2 31 1 740 292 894 712 126 309 840 84 5 1 179 - 230 - 908 5 175 1 063 5 854 37 2 35 40 97 60 1 530 284 576 1 980 300 404 24 034 4 192 12 741 497 -4 557 421 456 1 053 3 944 2 799 - 437 1 374 138 -4 41 2 529 - 378 1 078 132 - 55 255 544 - 93 2 1 065 154 -1 711 1 526 120 591 - 462 35 -2 302 13 691 8 111 7 326 12 002 7 284 6 019 1 485 860 1 265 204 - 33 41 3 111 234 1 128 299 - 143 368 273 - 70 84 -3 0 66 2 539 450 611 372 - 189 202 0 29 -5 26 1 470 - 80 29 0 - 52 1 614 758 945 669 838 Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. Notes : Post and communications refer to other information and communication activities. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 10 Table 9. FDI flows abroad, by geographical destination, 2000–2010 (Millions of euros) Region/economy Total world Developed countries Europe European Union Austria Belgium Denmark Finland France Germany Greece Hungary Ireland Luxembourg Netherlands Poland Portugal Romania Slovenia Spain Sweden United Kingdom Other developed Europe Switzerland North America Canada United States Other developed countries Australia Japan Developing economies Africa Latin America and the Caribbean South and Central America Caribbean Asia West Asia Turkey United Arab Emirates South, East and South-East Asia China Hong Kong, China India Indonesia Korea, Republic of Malaysia Singapore Taiwan Province of China Thailand Oceania South-East Europe and CIS South-East Europe Croatia Serbia CIS Russian Federation Unspecified 2000 2001 2002 2003 2004 2005 2006 13 410 11 586 9 628 9 329 57 120 3 - 17 1 954 605 4 20 103 3 707 473 268 195 46 10 92 44 1 646 299 386 1 927 57 1 870 31 8 10 1 273 62 913 1 228 - 338 298 14 15 -1 261 70 0 182 1 -7 7 -1 6 3 101 137 136 - 37 - 37 450 24 045 22 255 21 223 20 751 21 642 52 82 2 811 570 115 53 578 2 248 7 138 79 - 14 80 34 318 54 5 892 471 464 989 100 889 43 27 - 92 1 486 54 1 355 1 072 215 75 12 11 0 136 46 6 31 0 13 4 11 22 3 1 52 31 30 21 21 252 18 254 17 209 15 913 15 612 39 231 65 10 1 338 521 26 46 2 481 3 397 3 966 33 82 76 112 872 31 2 284 301 293 1 196 36 1 160 100 42 57 804 45 443 441 2 314 265 264 1 47 14 4 15 -0 -3 0 3 1 6 1 152 142 133 10 10 90 8 081 7 334 6 347 5 897 89 391 64 -8 1 391 1 112 41 26 138 -6 489 7 789 31 - 39 96 14 911 11 332 449 456 638 32 606 350 284 63 374 46 215 184 13 102 15 14 1 77 43 6 10 2 9 -1 2 5 2 11 48 39 29 9 9 325 15 592 14 788 14 211 15 064 81 180 127 36 1 584 559 -0 32 212 1 652 8 321 38 20 134 16 142 31 1 900 - 852 - 856 512 20 492 65 7 50 492 90 211 173 8 186 16 8 5 150 104 11 9 1 -1 5 6 4 11 6 176 118 109 58 58 136 33 628 29 256 28 026 27 530 2 103 94 148 53 1 697 15 004 3 30 - 323 1 332 6 331 -8 39 185 10 106 116 526 496 487 1 205 20 1 186 25 - 15 34 4 152 112 3 170 266 2 880 868 515 507 8 315 230 31 42 3 1 -1 -3 1 9 2 143 107 61 46 36 36 77 33 534 66 325 45 740 15 317 24 651 24 133 69 099 35 173 11 084 12 331 19 146 67 709 27 251 11 557 10 383 18 532 66 993 30 862 10 872 7 612 155 19 905 1 326 976 2 132 537 396 1 335 5 674 - 506 91 58 2 031 - 822 - 59 - 14 4 110 - 45 - 68 1 917 2 119 38 847 3 745 589 867 1 544 3 537 992 -1 692 - 45 27 1 323 - 193 114 76 32 950 - 454 - 523 - 63 4 488 2 123 290 2 260 -3 624 2 156 -25 348 -14 519 14 227 14 862 11 973 -1 454 3 760 756 3 748 21 145 572 821 83 139 483 55 - 302 220 176 1 912 - 314 410 9 98 107 124 98 330 23 370 1 724 6 958 -11 076 40 - 4 -1 067 82 196 - 824 550 2 177 3 094 - 213 613 715 -3 611 686 2 770 482 519 -2 679 707 1 317 4 931 1 327 2 064 5 088 1 482 80 59 472 - 114 244 4 851 1 268 1 591 5 201 1 238 57 64 5 858 -5 561 466 15 -4 5 679 -5 469 5 30 54 155 - 104 341 9 035 1 293 7 191 3 140 7 748 1 321 121 1 215 1 240 1 138 7 312 2 928 2 241 1 020 842 190 145 1 543 997 712 7 083 2 739 698 24 131 398 -1 757 3 719 882 5 767 56 -2 278 1 315 842 4 006 37 -2 339 172 - 13 470 18 57 451 424 1 222 328 498 2 404 39 1 761 204 388 738 36 1 089 34 33 162 - 222 143 72 48 486 390 235 1 3 23 27 12 -4 7 159 172 - 36 1 3 114 - 11 - 185 -1 -5 424 - 297 68 0 6 - 42 -7 19 17 12 22 - 45 30 4 1 16 -2 247 -3 344 2 869 775 3 236 225 -3 372 803 441 2 250 63 -3 426 218 165 105 162 47 531 112 54 22 28 2 066 333 986 22 28 1 183 721 1 087 119 - 723 506 318 1 336 2007 2008 2009 2010 Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 11 Table 11. FDI stocks in the host economy, by industry, 2000–2010 (Millions of euros) Sector / industry 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 118 006 118 452 116 140 131 687 149 483 170 517 191 559 255 766 235 618 252 968 2 613 3 493 3 373 5 385 9 391 18 438 21 288 2 526 2 671 5 668 Agriculture, hunting, forestry and fishing 252 409 252 351 558 995 474 2 078 2 049 4 368 Mining, quarrying and petroleum 2 361 3 084 3 121 5 034 8 833 17 443 20 814 448 621 1 300 Mining and quarrying 330 236 362 Petroleum 117 386 938 Secondary 48 156 47 476 46 205 52 660 59 720 68 065 74 713 63 661 59 126 60 418 Food, beverages and tobacco 5 810 6 152 5 982 8 326 8 916 11 169 12 698 5 332 4 238 5 021 Textiles, clothing and leather 2 343 2 315 2 414 2 762 3 258 3 828 4 482 1 573 3 084 5 732 Wood and wood products 1 733 1 499 470 Publishing and printing Coke, petroleum products and nuclear fuel 1 093 1 365 1 752 Chemicals and chemical products 8 559 7 777 7 277 8 269 8 199 8 820 9 026 23 566 23 645 17 929 Manufacture of pharmaceuticals 8 045 8 755 6 563 Rubber and plastic products 1 856 3 424 3 474 Non-metallic mineral products Metal and metal products 2 521 2 596 2 553 3 012 3 683 4 965 5 118 9 340 8 238 10 192 Machinery and equipment 14 455 13 716 11 801 13 297 15 064 16 680 19 134 8 138 6 735 8 319 Electrical and electronic equipment 693 559 413 Precision instruments 375 498 358 Motor vehicles and other transport equipment 6 979 6 377 7 477 8 216 11 173 11 908 13 501 5 370 3 394 4 121 Other manufacturing - 12 039 9 443 6 240 Tertiary 67 237 67 483 66 562 73 643 80 372 84 014 95 559 187 164 170 789 175 829 Electricity, gas and water 6 732 10 084 3 837 Construction 3 119 2 530 1 807 Trade 6 994 7 098 6 710 7 206 7 383 8 243 11 057 28 885 28 791 30 502 Automotive trade and repair 3 277 4 146 3 317 Wholesale trade - 22 669 21 456 25 414 Distributive trade 2 938 3 189 1 771 Hotels and restaurants 1 047 1 999 2 328 Transport, storage and communications 5 599 6 192 6 039 5 825 6 436 5 859 7 569 18 990 15 491 30 379 Transport and storage 8 974 9 037 10 583 Post and communications - 10 016 6 455 19 797 Finance 38 818 35 314 33 593 36 448 38 776 38 398 41 863 83 734 68 204 71 081 Financial intermediation - 76 416 60 742 66 660 Insurance and pension funding 6 094 4 977 3 898 Activities auxiliary to financial intermediation 1 224 2 485 522 Business activities - 36 628 37 468 32 571 Real estate 7 829 9 207 13 846 Rental activities 4 212 3 739 1 987 Computer and related activities 54 56 Research and development 436 103 482 Other business activities - 24 098 24 362 16 256 Public administration and defence 7 022 4 660 2 762 Education 0 Health and social services 25 180 9 Community, social and personal service activit 981 1 382 552 Other services Unspecified -1 -1 392 766 11 053 Private buying and selling of property 2 024 2 266 - Total Primary Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. Notes : Post and communications refer to other information and communication activities. ______________________________________________________________________________________________________ 2010 248 439 177 177 8 170 25 093 4 174 126 125 1 179 8 218 2 659 467 1 848 2 695 348 399 2 750 3 860 139 223 8 420 741 5 210 474 4 310 426 1 659 17 658 6 465 11 192 89 584 88 053 739 792 13 141 1 724 475 13 10 929 696 1 363 751 83 946 - ______________________________________________________________________________________________________ Italy 12 Table 12. FDI stocks in the host economy, by geographical origin, 2000–2010 (Millions of euros) Region/economy Total world Developed countries Europe European Union Austria Belgium Cyprus Czech Republic Denmark Estonia Finland France Germany Hungary Ireland Luxembourg Malta Netherlands Poland Portugal Slovakia Spain Sweden United Kingdom Other developed Europe Norway Switzerland North America Canada United States Other developed countries Australia Japan Bermuda Developing economies Africa South Africa Latin America and the Caribbean South and Central America Caribbean Asia West Asia Qatar Saudi Arabia Turkey United Arab Emirates South, East and South-East Asia China Hong Kong, China India Korea, Republic of Singapore Sri Lanka Taiwan Province of China Thailand Oceania South-East Europe and CIS South-East Europe CIS Unspecified 2000 2001 2002 2003 118 006 118 452 116 140 131 687 111 599 112 361 110 593 125 843 92 830 93 874 93 091 107 319 73 878 76 604 76 983 91 094 2 194 2 149 2 211 2 368 15 037 16 181 16 354 17 014 10 521 10 053 9 541 11 024 10 563 12 134 12 618 14 665 16 248 15 909 16 712 21 479 834 968 897 1 022 2 696 2 504 2 329 2 371 13 993 14 501 14 075 17 791 18 952 17 270 16 108 16 225 17 276 15 757 14 730 14 767 16 702 16 237 15 284 16 134 624 614 556 587 16 078 15 623 14 728 15 547 2 067 2 250 2 218 2 390 2 067 2 250 2 218 2 390 219 197 180 195 219 197 180 195 219 197 180 195 6 188 5 894 5 367 5 649 2004 2005 2006 2007 2008 2009 2010 149 483 142 882 122 814 104 926 2 488 18 358 10 677 16 663 29 101 1 448 2 493 19 854 17 888 16 317 17 386 646 16 740 2 682 2 682 288 288 288 6 313 170 517 163 434 141 678 122 967 1 679 21 715 12 967 20 364 33 947 4 083 2 570 21 543 18 711 17 038 18 860 691 18 169 2 896 2 896 365 365 365 6 718 191 559 183 894 160 567 141 002 1 786 28 114 8 549 21 185 41 217 8 929 2 682 23 120 19 565 17 796 20 316 714 19 602 3 011 3 011 462 462 462 7 203 255 766 254 020 245 846 235 261 3 138 4 117 1 134 162 1 163 659 40 75 459 18 199 3 968 2 570 46 870 102 45 099 164 1 160 12 11 325 3 276 15 360 10 585 143 9 729 6 755 544 6 211 1 420 122 1 114 175 1 544 255 18 573 364 210 715 189 103 8 29 14 526 108 155 9 114 55 64 1 4 56 16 40 146 235 618 231 221 222 113 207 674 4 372 6 032 1 239 232 1 360 4 418 32 552 19 922 3 549 3 131 58 398 612 45 699 42 1 280 738 9 400 4 431 12 544 14 439 107 12 668 7 359 552 6 807 1 749 340 1 394 1 3 641 518 61 991 669 322 2 130 1 219 1 145 8 42 13 911 139 394 21 174 79 56 4 9 1 210 113 97 546 252 968 247 924 231 426 217 690 3 054 9 780 983 5 638 47 466 37 781 20 827 2 995 2 001 61 342 802 49 658 - 27 1 778 - 418 6 724 3 556 14 394 13 736 19 10 679 14 707 407 14 300 1 792 240 1 540 0 4 877 574 123 948 710 238 3 354 1 774 1 430 255 45 30 1 580 321 243 54 728 92 34 3 10 1 18 125 - 107 150 248 439 238 490 221 758 210 749 2 374 9 967 479 142 918 36 516 39 020 20 951 1 722 2 269 55 041 710 35 119 1 704 1 882 51 9 929 3 105 22 575 11 009 244 9 937 13 870 273 13 597 2 863 201 2 619 7 4 993 721 192 1 293 1 162 131 2 977 1 479 1 316 24 61 61 1 498 319 337 121 86 410 7 - 18 63 2 1 336 177 1 159 3 621 Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 13 Table 14. FDI stocks abroad, by industry, 2000–2010 (Millions of euros) Sector / industry Total 2000 172 266 Primary 14 167 Agriculture, hunting, forestry and fishing 472 Mining, quarrying and petroleum 13 695 Mining and quarrying Petroleum Secondary 55 603 Food, beverages and tobacco 4 971 Textiles, clothing and leather 3 054 Wood and wood products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products 8 174 Manufacture of pharmaceuticals Rubber and plastic products Non-metallic mineral products Metal and metal products 7 102 Machinery and equipment 13 747 Electrical and electronic equipment Precision instruments Motor vehicles and other transport equipment 7 569 Other manufacturing Tertiary 102 496 Electricity, gas and water Construction Trade 7 754 Automotive trade and repair Wholesale trade Distributive trade Hotels and restaurants Transport, storage and communications 5 210 Transport and storage Post and communications Finance 61 884 Financial intermediation Insurance and pension funding Activities auxiliary to financial intermediation Business activities Real estate Rental activities Computer and related activities Research and development Other business activities Public administration and defence Education Health and social services Community, social and personal service act. Sewage and waste disposal, sanitation act. Recreational, cultural and sporting activities Other services Unspecified Private buying and selling of property - 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 184 140 23 311 440 22 871 57 101 5 030 2 997 8 145 7 340 14 717 7 212 103 729 7 608 7 684 59 906 -1 - 162 546 21 085 359 20 726 48 123 3 942 2 675 6 647 5 818 11 722 6 923 93 338 6 779 6 197 55 358 - 166 700 24 034 382 23 652 48 826 4 177 2 891 7 370 5 910 9 571 7 334 93 839 7 075 -1 169 61 699 1 - 182 330 28 446 401 28 045 55 055 4 341 3 099 8 907 6 136 12 248 7 798 98 829 7 937 -1 878 65 135 - 206 649 32 105 479 31 626 64 684 4 755 3 605 10 781 7 065 15 695 8 726 109 860 9 123 -1 401 72 226 - 232 209 35 368 517 34 851 75 254 5 275 3 780 12 674 6 859 22 337 9 175 121 587 10 049 233 78 679 - 283 856 34 323 154 34 169 235 33 934 43 139 2 631 1 573 1 416 334 6 654 2 325 3 048 7 011 9 428 122 178 4 640 7 802 187 540 28 523 3 051 1 650 4 1 356 291 740 15 716 1 147 14 569 122 363 92 399 29 970 -6 13 053 1 040 1 767 40 10 206 990 0 -3 1 458 8 1 450 11 577 7 277 317 874 893 656 237 164 74 34 512 3 449 1 198 744 216 6 175 1 371 3 077 3 473 2 877 931 774 6 292 6 005 242 549 2 058 1 647 10 000 124 8 913 962 860 5 441 2 471 2 969 205 787 200 581 2 777 2 429 11 921 2 059 708 14 108 9 032 1 345 1 18 3 272 76 3 196 199 39 920 - 337 621 784 405 379 141 238 43 026 3 323 1 313 1 332 683 7 815 1 485 1 045 6 318 4 541 120 1 171 8 716 7 525 256 842 -2 244 1 365 14 241 249 11 665 2 328 946 6 866 3 195 3 671 222 373 217 214 3 207 1 953 11 942 2 847 557 11 293 8 234 490 1 35 693 7 686 132 36 969 - 364 921 508 220 288 168 121 34 811 3 466 1 469 962 588 7 027 1 451 2 049 3 517 4 556 195 661 5 238 6 219 264 434 997 1 178 13 417 357 9 417 3 643 659 6 324 2 255 4 069 228 832 220 592 3 147 5 093 10 341 1 456 464 14 181 8 225 609 3 2 1 908 15 1 892 165 65 167 - Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. Note : Post and telecommunications refer to other information and communication activities. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 14 Table 15. FDI stocks abroad, by geographical destination, 2000–2010 (Millions of euros) Region/economy Total world Developed countries Europe European Union Austria Belgium Bulgaria Czech Republic Denmark France Germany Greece Hungary Ireland Luxembourg Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden United Kingdom Other developed Europe Switzerland North America Canada United States Other developed countries Australia Israel Japan Developing economies Africa Latin America and the Caribbean South and Central America Argentina Brazil Caribbean Trinidad and Tobago Asia West Asia Qatar Saudi Arabia Turkey United Arab Emirates South, East and South-East Asia China Hong Kong, China India Korea, Republic of Singapore Oceania South-East Europe and CIS South-East Europe Albania CIS Russian Federation Unspecified 2000 172 266 141 003 119 282 108 260 3 144 17 241 11 472 21 659 25 588 7 110 742 14 995 11 022 10 868 20 201 1 033 19 168 1 520 1 520 7 171 7 171 7 171 2 633 4 538 24 092 2001 184 140 155 177 131 763 121 428 3 561 17 557 10 776 23 191 33 050 7 034 683 19 768 10 335 10 175 22 320 1 008 21 312 1 094 1 094 7 017 7 017 7 017 2 418 4 599 21 946 2002 162 546 140 661 122 294 113 226 3 228 15 454 8 883 23 211 30 740 6 826 575 17 929 9 068 8 930 17 453 793 16 660 914 914 3 947 3 947 3 947 1 565 2 382 17 938 2003 166 700 145 226 128 746 119 858 3 651 16 716 10 439 17 383 38 716 7 887 598 16 196 8 888 8 753 15 571 853 14 718 909 909 4 475 4 475 4 475 1 700 2 775 16 999 2004 182 330 160 044 144 183 136 161 3 960 18 161 11 756 19 667 47 198 8 118 646 18 022 8 022 7 877 14 936 873 14 063 925 925 4 575 4 575 4 575 1 625 2 950 17 711 2005 206 649 178 188 159 514 150 889 4 188 20 215 12 709 21 306 55 124 8 357 756 19 157 8 625 8 476 17 688 1 072 16 616 986 986 6 053 6 053 6 053 1 873 4 180 22 408 2006 232 209 195 573 173 801 164 988 4 747 22 447 13 758 17 178 68 175 9 374 825 18 859 8 813 8 661 20 864 1 040 19 824 908 908 6 037 6 037 6 037 1 752 4 285 30 599 2007 283 856 256 762 242 324 234 405 22 726 6 344 326 883 240 -20 540 35 199 625 958 10 669 41 763 71 219 7 137 7 334 2 237 373 663 31 209 2 265 11 763 7 920 7 261 12 966 584 12 382 1 472 427 140 417 18 509 3 305 7 387 6 537 1 121 3 643 850 94 7 780 3 051 281 306 1 795 578 4 729 2 147 481 733 127 164 37 2 966 1 200 266 1 765 1 186 5 619 2008 317 874 279 826 251 687 247 045 23 400 5 343 293 1 032 2 398 19 460 36 717 1 587 1 800 8 569 11 153 70 617 7 580 4 589 3 008 1 321 664 33 225 1 140 12 009 4 642 5 027 18 891 1 194 17 697 9 248 6 630 233 2 104 27 726 4 780 9 874 8 388 967 4 586 1 487 469 13 063 3 984 454 480 1 369 1 218 9 079 3 382 775 1 092 1 563 610 9 6 278 2 073 341 4 205 2 692 4 044 2009 337 621 291 308 268 769 261 338 23 927 9 399 443 1 114 1 580 24 578 33 891 1 512 1 140 10 000 2 159 69 626 9 651 6 931 3 324 1 762 1 076 42 278 1 577 14 113 7 432 7 884 21 596 1 407 20 189 943 1 025 108 - 468 31 865 6 659 10 988 9 560 1 204 5 398 1 427 504 14 211 6 182 490 793 2 719 1 564 8 029 3 726 491 1 443 353 325 7 6 877 2 367 376 4 510 3 428 7 570 Source : UNCTAD FDI/TNC database based on data from Banca d'Italia. ______________________________________________________________________________________________________ 2010 364 921 304 656 277 947 269 264 24 419 13 643 606 1 010 1 640 27 218 31 291 2 062 465 10 041 8 827 78 185 10 945 3 213 3 353 805 926 34 610 1 650 13 078 8 683 7 544 22 206 1 792 20 415 4 503 1 793 301 2 182 40 588 7 773 11 467 9 998 1 161 5 404 1 469 543 21 339 9 235 748 1 858 2 954 2 310 12 104 6 271 882 1 878 1 461 476 9 9 264 4 396 2 551 4 868 3 984 10 413 ______________________________________________________________________________________________________ Italy 15 Table 20. Number of foreign affilitates of home-based TNCs, by industry in the foreign economy, 2000–2009 (Number) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Paper and paper products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Non-metallic mineral products Metal and metal products Machinery and equipment Electrical and electronic equipment Electrical machinery and apparatus Precision instruments Motor vehicles and other transport equipment Motor vehicles, trailers and semi-trailers Other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Wholesale trade Hotels and restaurants Transport, storage and communications Transport and storage Post and communications Finance Business activities Public administration and defence Education Health and social services Community, social and personal service activities Unspecified 2000 - 2001 2002 2003 2004 2005 2006 2007 2008 18 366 227 227 5 407 602 950 506 358 39 348 338 372 586 694 517 517 281 245 36 174 12 732 306 903 9 057 9 057 1 557 1 045 512 - 18 435 231 231 5 353 526 905 140 361 40 359 335 380 590 719 519 519 299 260 39 180 12 851 334 955 9 135 9 135 1 560 1 051 509 - 19 054 238 238 5 509 530 925 143 362 39 371 358 388 619 758 532 532 294 252 42 190 13 307 373 995 9 442 9 442 1 613 1 090 523 - 19 687 215 215 5 722 501 972 143 367 39 395 378 432 645 787 568 568 294 248 46 201 13 750 372 1 019 9 790 9 790 1 650 1 143 507 - 20 208 207 207 5 854 503 985 148 359 39 415 394 447 677 809 556 556 308 255 53 214 14 147 363 1 031 10 137 10 137 1 676 1 190 486 - 20 896 205 205 6 001 489 978 154 367 43 423 411 459 709 849 588 588 313 255 58 218 14 690 380 1 037 10 505 10 505 1 801 1 297 504 - 22 207 217 217 6 228 481 990 159 388 44 451 433 474 744 871 633 633 332 272 60 228 15 762 820 1 061 10 914 10 914 1 932 1 350 582 - 22 715 237 237 6 378 488 995 161 380 45 466 446 488 772 899 658 658 345 284 61 235 16 100 813 1 076 11 143 11 143 1 979 1 373 606 - Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. Note : Post and telecommunications refer to other information and communication activities. ______________________________________________________________________________________________________ 2009 - ______________________________________________________________________________________________________ Italy 16 Table 21. Number of foreign affilitates of home-based TNCs, by geographical location abroad, 2000–2009 (Number) Region/economy Total world Developed countries Europe European Union Belgium Bulgaria Czech Republic Denmark Finland France Germany Greece Hungary Ireland Luxembourg Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden United Kingdom Other developed Europe Norway Switzerland North America Canada United States Other developed countries Australia Japan Developing economies Africa Latin America and the Caribbean South and Central America Caribbean Asia West Asia Turkey United Arab Emirates South, East and South-East Asia China Hong Kong, China India Korea, Republic of Malaysia Singapore Oceania South-East Europe and CIS South-East Europe Albania Croatia CIS Russian Federation Unspecified 2000 - 2001 2002 2003 2004 2005 2006 2007 2008 18 366 13 044 10 516 9 945 265 159 209 92 39 1 869 1 462 176 273 95 81 414 471 284 852 145 118 1 193 101 1 285 571 56 458 2 126 245 1 881 402 192 157 4 486 831 1 653 1 573 80 1 996 308 164 44 1 688 614 280 195 78 92 163 6 836 420 134 104 416 235 - 18 435 13 159 10 586 10 019 263 128 206 96 40 1 893 1 517 182 272 96 81 428 453 298 836 149 120 1 206 112 1 300 567 57 452 2 155 259 1 896 418 203 164 4 435 740 1 656 1 581 75 2 033 321 170 51 1 712 631 273 208 84 87 168 6 841 414 123 113 427 244 - 19 054 13 578 10 935 10 357 272 139 212 96 41 1 957 1 551 195 285 103 78 444 471 303 877 153 127 1 279 115 1 315 578 59 460 2 205 266 1 939 438 214 169 4 596 762 1 699 1 620 79 2 129 335 177 56 1 794 678 280 220 83 92 174 6 880 432 126 125 448 255 - 19 687 14 034 11 319 10 717 281 144 219 104 49 2 000 1 597 199 290 105 75 445 492 316 948 179 127 1 316 130 1 346 602 62 474 2 266 271 1 995 449 217 175 4 740 780 1 704 1 627 77 2 250 349 181 59 1 901 752 292 231 81 94 178 6 913 444 129 126 469 267 - 20 208 14 301 11 535 10 916 283 154 230 105 51 2 018 1 608 197 293 109 73 454 523 326 990 183 128 1 346 133 1 346 619 63 488 2 307 273 2 034 459 219 185 4 916 784 1 723 1 644 79 2 403 366 192 63 2 037 841 303 249 86 95 181 6 991 470 133 138 521 305 - 20 896 14 745 11 913 11 279 291 162 236 108 66 2 061 1 681 203 287 116 76 465 525 338 1 021 186 130 1 400 151 1 396 634 68 497 2 384 283 2 101 448 206 187 5 123 801 1 763 1 683 80 2 553 393 205 74 2 160 916 309 269 88 98 188 6 1 028 490 134 145 538 322 - 22 207 15 634 12 646 11 978 301 167 248 109 72 2 134 1 734 230 301 118 79 479 553 402 1 061 201 137 1 644 156 1 449 668 75 521 2 511 291 2 220 477 221 197 5 484 833 1 943 1 860 83 2 702 423 221 78 2 279 981 322 285 93 100 193 6 1 089 507 136 151 582 351 - 22 715 15 929 12 851 12 172 310 169 250 112 75 2 168 1 761 233 304 126 80 479 552 408 1 082 208 139 1 666 161 1 476 679 78 528 2 592 300 2 292 486 223 203 5 670 857 1 987 1 906 81 2 820 441 227 84 2 379 1 030 333 304 96 103 197 6 1 116 513 137 154 603 362 - 2009 Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. ______________________________________________________________________________________________________ - ______________________________________________________________________________________________________ Italy 17 Table 22. Number of affiliates of foreign TNCs in the host economy, by industry, 2000–2009 (Number) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Non-metallic mineral products Metal and metal products Machinery and equipment Electrical and electronic equipment Precision instruments Motor vehicles and other transport equipment Motor vehicles, trailers and semi-trailers Other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Wholesale trade Hotels and restaurants Transport, storage and communications Transport and storage Post and communications Finance Business activities Public administration and defence Education Health and social services Community, social and personal service activities Unspecified 2000 2001 - 7 477 33 33 2 590 129 110 172 28 391 222 140 319 494 370 153 116 37 62 4 854 96 115 2 896 2 896 920 391 529 - 2002 7 656 33 33 2 569 124 114 6 171 27 393 216 138 319 503 351 150 112 38 57 5 054 126 114 2 969 2 969 935 418 517 - 2003 7 638 32 32 2 497 119 120 6 166 26 389 201 131 310 487 340 146 107 39 56 5 109 146 117 3 004 3 004 909 417 492 - 2004 7 573 31 31 2 459 118 120 6 160 26 378 200 127 288 494 331 157 116 41 54 5 083 178 121 2 971 2 971 887 408 479 - 2005 7 549 33 33 2 457 124 124 7 158 23 377 193 123 283 498 342 151 109 42 54 5 059 165 120 2 946 2 946 900 423 477 - 2006 7 515 31 31 2 454 134 123 7 159 23 386 192 123 279 495 333 144 102 42 56 5 030 168 121 2 936 2 936 875 419 456 - 2007 7 605 31 31 2 456 133 135 8 151 25 377 194 119 269 508 342 145 104 41 50 5 118 175 122 2 959 2 959 899 431 468 - 2008 7 608 32 32 2 485 131 135 8 142 27 373 196 115 279 533 350 149 104 45 47 5 091 190 128 2 920 2 920 888 433 455 - Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. Note : Post and telecommunications refer to other information and communication activities. ______________________________________________________________________________________________________ 2009 - ______________________________________________________________________________________________________ Italy 18 Table 23. Number of affilitates of foreign TNCs in the host economy, by geographical origin, 2000–2009 (Number) Region/economy Total world Developed countries Europe European Union Belgium Cyprus Czech Republic Denmark Finland France Germany Greece Hungary Ireland Luxembourg Netherlands Poland Portugal Slovenia Spain Sweden United Kingdom Other developed Europe Norway Switzerland North America Canada United States Other developed countries Australia Israel Japan Developing economies Africa South Africa Latin America and the Caribbean South and Central America South America Argentina Central America Mexico Caribbean Asia West Asia Kuwait Turkey United Arab Emirates South, East and South-East Asia China Hong Kong, China India Korea, Republic of Singapore Taiwan Province of China Oceania South-East Europe and CIS South-East Europe CIS Russian Federation Unspecified 2000 2001 - 7 477 7 278 5 045 4 546 190 5 128 65 1 154 1 315 23 2 22 30 411 4 7 18 183 222 632 499 38 448 1 892 49 1 843 341 18 23 298 185 34 7 25 23 22 13 1 2 126 35 21 6 2 91 12 12 12 18 16 15 14 7 7 7 - 2002 7 656 7 451 5 151 4 621 194 6 125 67 1 138 1 369 28 2 14 53 411 5 7 17 192 220 633 530 39 478 1 935 54 1 881 365 19 32 310 190 35 7 23 21 19 13 2 1 2 132 35 21 6 2 97 13 14 15 17 15 17 15 7 8 8 - 2003 7 638 7 400 5 096 4 583 186 6 125 62 1 136 1 374 26 3 11 51 385 5 7 17 197 216 640 513 33 466 1 931 52 1 879 373 20 33 316 225 60 31 22 20 18 12 2 1 2 143 36 21 7 2 107 17 12 18 19 16 19 13 6 7 7 - 2004 7 573 7 326 5 032 4 517 189 6 117 55 1 100 1 340 28 3 14 44 369 5 8 16 218 211 649 515 35 466 1 923 66 1 857 371 25 32 310 234 58 32 25 23 20 13 3 2 2 151 38 19 7 5 113 20 16 17 19 16 19 13 7 6 6 - 2005 7 549 7 271 5 006 4 508 183 1 6 114 57 1 099 1 317 29 3 16 42 365 5 9 16 224 215 663 498 37 447 1 895 60 1 835 370 26 25 315 253 57 32 23 22 18 12 4 3 1 173 43 20 9 7 130 25 17 22 20 17 22 25 7 18 16 - 2006 7 515 7 215 4 974 4 463 174 2 5 115 58 1 085 1 318 30 3 18 15 339 6 8 15 232 211 688 511 42 453 1 867 56 1 811 374 26 28 315 271 52 32 21 20 16 10 4 3 1 198 51 19 10 15 147 28 18 27 24 21 21 29 6 23 21 - 2007 7 605 7 258 5 006 4 494 174 2 5 117 62 1 075 1 315 31 15 14 14 337 6 8 13 237 220 702 512 39 456 1 874 50 1 824 378 25 29 317 311 54 33 22 21 16 10 5 4 1 235 56 19 10 19 179 39 19 45 25 21 21 36 5 31 28 - 2008 2009 7 608 7 207 4 941 4 436 180 2 4 121 61 1 052 1 319 30 15 15 16 320 6 8 13 222 212 689 505 40 447 1 895 52 1 843 371 24 30 310 353 55 34 25 24 19 10 5 4 1 273 61 19 11 21 212 53 20 62 24 21 22 48 4 44 41 - Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. ______________________________________________________________________________________________________ - ______________________________________________________________________________________________________ Italy 19 Table 32. Employment of foreign affilitates of home-based TNCs, by industry in the foreign economy, 2000–2009 (Thousands of employees) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Paper and paper products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Non-metallic mineral products Metal and metal products Machinery and equipment Electrical and electronic equipment Electrical machinery and apparatus Precision instruments Motor vehicles and other transport equipment Motor vehicles, trailers and semi-trailers Other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Wholesale trade Hotels and restaurants Transport, storage and communications Transport and storage Post and communications Finance Business activities Public administration and defence Education Health and social services Community, social and personal service activities Unspecified 2000 2001 2002 2003 2004 2005 2006 - 1 258.0 1 216.6 1 212.2 1 200.4 1 215.8 1 252.5 11.1 11.4 12.9 13.1 13.2 14.3 11.1 11.4 12.9 13.1 13.2 14.3 897.1 851.7 854.1 834.3 834.4 842.2 130.9 121.0 110.3 82.0 80.8 73.2 129.3 121.3 125.0 130.1 134.2 137.2 61.6 13.5 14.1 13.2 13.2 12.5 47.8 33.8 32.6 32.3 31.3 31.9 15.5 15.5 15.5 11.8 12.0 10.1 32.3 34.5 36.3 34.3 35.1 35.2 40.4 39.9 42.6 45.2 46.8 45.9 49.9 53.3 52.4 57.1 61.6 61.9 84.4 77.2 78.5 76.7 75.2 76.5 113.8 98.2 100.3 98.2 97.2 105.8 120.5 116.5 120.7 127.4 112.1 119.7 120.5 116.5 120.7 127.4 112.1 119.7 105.5 113.0 111.3 109.9 117.3 114.4 92.7 97.4 95.5 93.5 95.2 93.4 12.8 15.6 15.9 16.4 22.1 20.9 12.9 14.0 14.5 16.1 17.7 18.0 349.9 353.4 345.3 353.0 368.2 396.1 8.3 15.1 16.2 16.3 20.1 22.1 40.0 52.8 56.1 58.7 62.2 64.7 135.5 140.7 138.5 145.0 148.8 161.9 135.5 140.7 138.5 145.0 148.8 161.9 108.4 87.5 80.2 67.9 67.2 71.2 19.9 19.5 20.0 21.2 24.2 28.8 88.5 68.0 60.2 46.7 42.9 42.4 - 2007 2008 1 322 1 352.1 15 12.1 15 12.1 861 883.3 71 65.6 125 122.0 13 12.6 33 32.3 12 14.6 38 39.0 47 48.7 69 68.7 80 82.7 106 107.3 126 141.0 126 141.0 123 130.2 102 108.5 21 21.7 19 18.6 445 456.7 56 59.9 59 60.8 166 167.5 166 167.5 81 77.7 35 32.7 46 45.0 - Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. Note : Post and telecommunications refer to other information and communication activities. ______________________________________________________________________________________________________ 2009 - ______________________________________________________________________________________________________ Italy 20 Table 33. Employment of foreign affilitates of home-based TNCs, by geographical location abroad, 2000–2009 (Thousands of employees) Region/economy Total world Developed countries Europe European Union Belgium Bulgaria Czech Republic Denmark Finland France Germany Greece Hungary Ireland Lithuania Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden United Kingdom Other developed Europe Norway Switzerland North America Canada United States Other developed countries Australia Israel Japan Developing economies Africa Latin America and the Caribbean South and Central America Argentina Brazil Mexico Caribbean Asia and Oceania Asia West Asia Turkey United Arab Emirates South, East and South-East Asia China India Malaysia Singapore Oceania South-East Europe and CIS South-East Europe Croatia Serbia CIS Russian Federation Unspecified 2000 - 2001 2002 2003 2004 2005 2006 2007 2008 1 258.0 837.3 712.7 663.6 15.5 11.4 14.9 4.0 1.5 156.6 79.9 7.6 19.8 3.2 1.3 13.3 48.2 16.2 64.2 9.6 7.0 68.5 5.2 80.3 49.2 1.4 46.7 108.1 16.5 91.6 16.5 9.3 1.2 5.5 350.9 61.2 174.5 170.1 32.2 90.4 14.3 4.4 115.2 115.2 27.6 22.5 1.7 87.6 31.5 13.2 7.3 6.5 0.1 69.8 29.4 3.8 40.4 28.6 - 1 216.6 798.7 686.7 636.3 16.2 9.7 15.3 4.4 1.9 133.4 91.3 7.7 17.5 3.0 1.3 14.3 42.7 15.6 62.6 15.7 6.1 56.9 5.5 81.6 50.3 1.3 47.6 93.4 15.5 77.9 18.7 10.7 1.1 6.4 347.6 60.3 164.1 160.0 33.2 83.8 12.9 4.1 123.1 123.1 29.0 23.5 2.1 94.1 36.2 14.1 7.1 7.1 0.1 70.3 26.0 4.8 12.2 44.3 28.9 - 1 212.2 796.5 687.0 635.4 16.8 9.8 15.3 3.8 1.8 132.6 92.0 8.5 17.4 3.1 1.3 13.2 43.8 15.0 66.6 15.7 6.0 58.4 5.5 78.3 51.6 1.4 48.9 91.6 15.1 76.6 17.8 9.8 1.1 6.4 350.0 62.3 159.6 155.5 33.7 79.1 13.5 4.1 128.2 128.1 28.8 23.2 2.2 99.3 39.6 14.5 7.6 8.2 0.1 65.8 20.4 5.8 5.3 45.4 28.5 - 1 200.4 796.5 692.0 634.4 16.8 10.3 16.2 6.3 1.9 136.8 94.1 7.9 17.6 3.2 1.4 12.4 46.0 15.3 70.8 15.9 6.1 58.4 5.8 75.0 57.6 1.6 54.5 87.4 15.3 72.1 17.1 9.1 1.1 6.5 333.1 61.8 141.2 137.2 32.2 64.3 12.6 4.1 130.0 129.9 29.5 24.1 2.3 100.5 46.5 14.5 8.4 9.9 0.1 70.9 23.3 7.5 7.0 47.6 30.1 - 1 215.8 799.1 698.1 635.7 17.2 10.4 16.3 6.2 3.9 137.6 93.3 6.3 17.7 3.3 1.5 12.1 48.1 15.4 77.8 15.8 6.1 60.3 4.8 67.4 62.4 1.7 59.2 85.3 14.6 70.7 15.8 7.7 1.1 6.6 340.8 65.8 136.6 132.5 31.6 67.7 12.9 4.1 138.4 138.3 30.3 24.8 2.4 108.0 54.0 14.6 8.2 9.8 0.1 75.8 25.1 8.2 7.4 50.7 31.6 - 1 252.5 825.2 728.3 660.3 17.0 12.0 18.1 5.9 5.1 137.6 101.4 6.5 16.3 3.4 1.5 13.2 50.1 14.0 82.4 16.3 6.3 62.4 5.9 70.3 68.0 1.8 64.8 81.8 11.0 70.8 15.1 6.9 1.1 6.7 350.1 65.9 136.3 132.2 32.8 66.8 13.0 4.1 147.9 147.9 27.7 21.6 2.8 120.2 63.9 15.6 8.4 9.9 0.1 77.2 27.3 8.8 8.9 49.9 30.1 - 1 321.5 861.6 758.7 685.7 17.7 11.1 18.7 5.9 5.4 137.0 96.6 7.9 16.0 3.4 1.6 13.4 54.8 16.2 81.7 17.6 6.9 79.2 10.0 69.0 73.1 1.8 69.8 87.6 11.2 76.4 15.2 6.9 1.1 6.8 379.7 66.8 157.7 153.6 36.2 76.3 12.7 4.1 155.2 155.1 30.2 23.8 3.1 124.9 66.9 16.6 8.3 9.9 0.1 80.3 28.6 9.3 9.8 51.7 30.4 - 1 352.1 880.4 768.2 691.2 17.9 10.8 20.1 6.0 6.2 136.0 97.1 7.9 15.8 3.6 1.6 12.9 57.6 16.2 82.4 18.3 6.7 79.3 6.7 71.9 77.0 1.9 73.7 96.9 7.3 89.6 15.3 7.0 1.1 6.9 389.0 67.6 159.5 155.4 36.3 79.8 12.8 4.1 161.9 161.8 32.7 26.1 3.2 129.2 68.9 16.2 8.4 10.0 0.1 82.7 28.4 9.5 9.8 54.3 35.0 - 2009 Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. ______________________________________________________________________________________________________ - ______________________________________________________________________________________________________ Italy 21 Table 34. Employment of affilitates of foreign TNCs in the host economy, by industry, 2000–2009 (Thousands of employees) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Non-metallic mineral products Metal and metal products Machinery and equipment Electrical and electronic equipment Electrical machinery and apparatus Precision instruments Motor vehicles and other transport equipment Motor vehicles, trailers and semi-trailers Other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Wholesale trade Hotels and restaurants Transport, storage and communications Transport and storage Post and communications Finance Business activities Public administration and defence Education Health and social services Community, social and personal service activities Unspecified 2000 2001 - 942.3 1.5 1.5 635.0 37.0 14.3 24.6 8.8 97.3 37.8 28.9 57.7 101.5 116.3 116.3 102.3 85.6 16.6 8.7 305.8 7.0 8.1 101.2 101.2 131.5 43.4 88.0 - 2002 934.3 1.6 1.6 611.9 36.7 13.8 0.3 25.2 7.1 99.8 38.2 26.6 56.1 99.1 103.7 103.7 97.2 79.8 17.4 8.0 320.9 8.7 8.8 106.9 106.9 132.6 46.8 85.9 - 2003 907.2 1.6 1.6 590.4 38.8 13.6 0.3 25.8 7.0 96.6 37.5 25.9 54.4 96.4 93.3 93.3 93.2 74.2 18.9 7.8 315.2 10.8 9.2 107.8 107.8 119.7 46.1 73.5 - 2004 2005 869.8 1.4 1.4 556.4 36.9 12.0 0.3 23.4 6.8 89.3 34.7 22.7 49.1 94.4 88.1 88.1 90.7 76.6 14.1 8.0 312.0 11.2 8.7 106.8 106.8 117.0 47.7 69.3 - 851.7 1.4 1.4 523.7 37.6 12.5 0.4 22.6 6.5 86.5 34.6 22.8 50.3 97.5 89.1 89.1 55.6 40.1 15.5 7.7 326.6 11.2 8.5 108.5 108.5 128.5 51.5 76.9 - 2006 848.1 1.3 1.3 518.1 38.7 12.2 0.4 22.8 6.5 86.5 33.8 22.7 49.7 96.7 86.4 86.4 53.8 38.2 15.7 8.0 328.7 11.5 8.9 110.7 110.7 125.0 51.7 73.3 - 2007 923.8 1.2 1.2 513.3 36.3 15.1 0.4 21.9 6.8 81.8 33.5 22.4 47.9 100.9 83.9 83.9 54.8 39.7 15.0 7.6 409.3 12.5 8.6 117.4 117.4 190.3 53.0 137.3 - 2008 931.9 1.1 1.1 517.2 37.2 16.2 0.4 22.2 8.0 78.5 32.8 21.8 48.7 104.4 84.5 84.5 55.2 38.9 16.4 7.3 413.6 12.9 9.5 119.3 119.3 185.5 55.6 129.9 - Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. Note : Post and telecommunications refer to other information and communication activities. ______________________________________________________________________________________________________ 2009 - ______________________________________________________________________________________________________ Italy 22 Table 35. Employment of affilitates of foreign TNCs in the host economy, by geographical origin, 2000–2009 (Thousands of employees) Region/economy Total world Developed countries Europe European Union Belgium Denmark Finland France Germany Greece Netherlands Spain Sweden United Kingdom Other developed Europe Norway Switzerland North America Canada United States Other developed countries Japan Developing economies Africa Egypt South Africa Latin America and the Caribbean South America Argentina Asia West Asia Kuwait United Arab Emirates South, East and South-East Asia China Hong Kong, China India Korea, Republic of Malaysia Singapore Taiwan Province of China Oceania South-East Europe and CIS South-East Europe CIS Russian Federation Ukraine Unspecified 2000 2001 - 942.3 924.1 580.6 526.9 13.2 5.0 8.8 158.8 128.4 3.1 48.2 7.8 45.1 92.0 53.6 3.9 47.9 311.4 8.3 303.1 32.1 30.3 18.1 2.7 1.3 5.5 5.4 4.7 10.0 2.7 2.4 0.1 7.2 0.5 0.4 1.2 0.4 0.3 2.2 1.0 0.1 - 2002 934.3 916.0 567.3 509.2 13.7 5.6 8.8 144.4 131.2 3.4 46.2 8.7 39.0 90.6 58.1 3.9 52.5 313.7 7.9 305.8 34.9 30.1 18.2 3.2 0.1 1.2 4.8 4.7 4.4 10.3 2.7 2.4 0.1 7.5 0.5 2.3 1.0 0.4 0.3 1.9 1.1 0.1 - 2003 907.2 887.4 547.5 490.6 13.4 5.8 9.2 135.3 125.2 3.5 47.0 8.5 38.4 90.1 57.0 3.1 51.9 305.4 6.5 298.9 34.5 28.6 19.7 4.4 0.1 2.5 4.7 4.7 4.4 10.5 2.7 2.4 0.1 7.8 0.5 3.2 1.0 0.4 0.3 1.1 1.2 0.1 0.1 - 2004 869.8 849.5 521.4 465.6 13.7 5.8 7.5 125.1 120.2 3.4 45.9 8.5 36.2 86.2 55.8 2.7 51.1 294.0 7.1 286.9 34.1 28.2 20.2 4.3 0.1 2.4 4.7 4.6 4.4 11.3 2.7 2.3 0.1 8.6 0.9 3.7 0.8 0.5 0.2 1.1 1.4 0.1 0.1 - 2005 851.7 819.1 525.5 472.6 13.0 5.8 6.9 130.6 122.9 3.7 42.4 9.6 39.8 85.1 52.9 2.8 48.0 260.3 6.5 253.8 33.3 28.2 28.1 12.1 8.1 2.4 4.7 4.5 4.3 11.4 3.0 2.4 0.1 8.4 1.2 1.2 2.2 0.6 0.5 1.0 1.6 4.5 0.1 4.5 4.3 0.1 - 2006 848.1 812.3 518.9 464.7 10.7 6.4 7.0 137.4 120.3 3.7 33.5 11.3 40.5 84.9 54.2 3.0 49.0 258.4 4.8 253.6 35.0 29.8 30.4 11.3 7.5 2.4 4.4 4.3 4.3 14.7 4.6 2.4 1.7 10.1 1.5 1.2 2.8 1.2 0.3 1.4 1.7 5.4 0.1 5.3 5.1 0.2 - 2007 923.8 884.9 590.6 532.0 10.7 6.8 9.7 138.7 121.7 4.0 32.8 70.7 42.3 84.6 58.6 3.7 52.8 261.4 4.6 256.9 32.9 29.9 33.0 11.1 6.8 2.4 4.6 4.4 4.4 17.3 5.0 2.5 1.9 12.3 2.0 1.2 3.8 1.3 0.8 1.4 1.8 6.0 5.9 5.6 0.4 - 2008 2009 931.9 881.8 584.0 528.3 10.3 8.1 8.6 137.1 124.5 4.4 31.0 67.5 42.9 83.8 55.7 3.4 50.0 264.4 5.4 259.0 33.4 30.2 38.8 11.1 7.5 2.6 6.0 5.9 4.2 21.7 5.6 2.5 2.1 16.1 2.9 1.3 6.0 1.5 0.9 1.5 1.8 11.4 11.3 11.0 0.4 - Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. ______________________________________________________________________________________________________ - ______________________________________________________________________________________________________ Italy 23 Table 42. Sales of foreign affilitates of home-based TNCs, by industry in the foreign economy, 2000–2009 (Milliions of euro) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Paper and paper products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Non-metallic mineral products Metal and metal products Machinery and equipment Electrical and electronic equipment Electrical machinery and apparatus Precision instruments Motor vehicles and other transport equipment Motor vehicles, trailers and semi-trailers Other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Wholesale trade Hotels and restaurants Transport, storage and communications Transport and storage Post and communications Finance Business activities Public administration and defence Education Health and social services Community, social and personal service activities Unspecified 2000 2001 2002 2003 2004 2005 2006 2007 - 308 381 287 194 297 189 318 292 350 045 400 141 441 864 - 15 229 15 809 15 720 17 347 26 895 31 699 32 633 - 15 229 15 809 15 720 17 347 26 895 31 699 32 633 - 166 509 151 379 156 252 165 949 173 522 203 360 200 337 - 25 022 16 252 16 379 13 948 14 584 12 720 13 045 8 792 9 022 9 606 9 926 10 204 10 702 9 389 - 12 604 942 994 1 003 1 038 1 045 1 165 - 11 688 9 498 9 333 9 900 10 057 10 276 11 318 - 12 869 10 347 10 747 11 045 13 132 14 694 14 829 7 756 7 865 8 636 9 236 9 407 10 047 11 134 5 436 5 766 5 887 7 117 7 808 8 185 8 386 9 497 10 142 9 970 11 441 12 879 14 298 13 413 - 16 754 12 568 13 075 14 751 13 993 17 768 20 283 - 21 563 22 505 23 514 23 995 23 889 42 816 29 479 - 18 102 18 118 18 657 20 874 20 312 20 793 21 739 - 18 102 18 118 18 657 20 874 20 312 20 793 21 739 - 26 307 26 840 27 889 31 031 34 294 38 044 44 047 - 19 839 19 224 20 776 23 315 24 875 28 959 34 962 6 469 7 616 7 114 7 716 9 419 9 084 9 085 1 808 1 513 1 565 1 683 1 926 1 973 2 112 - 126 643 120 006 125 217 134 996 149 628 165 082 208 894 2 744 4 145 5 454 6 228 7 742 9 421 42 041 3 791 6 719 7 565 7 970 8 318 9 370 9 869 - 79 139 80 896 83 611 93 664 104 548 114 693 120 671 - 79 139 80 896 83 611 93 664 104 548 114 693 120 671 - 33 382 20 117 20 864 18 341 19 814 21 899 25 879 7 528 6 809 7 683 8 378 10 045 11 442 12 822 - 25 854 13 308 13 182 9 964 9 769 10 457 13 057 - 2008 460 514 39 783 39 783 204 438 12 291 9 306 1 170 10 730 17 697 11 873 8 353 13 476 20 327 29 828 23 247 23 247 44 029 34 841 9 188 2 111 216 292 46 781 10 084 122 541 122 541 25 628 13 349 12 279 - Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. Note : Post and telecommunications refer to other information and communication activities. ______________________________________________________________________________________________________ 2009 - ______________________________________________________________________________________________________ Italy 24 Table 43. Sales of foreign affilitates of home-based TNCs, by geographical location abroad, 2000–2009 (Milliions of euro) Region/economy Total world Developed countries Europe European Union Belgium Czech Republic France Germany Greece Hungary Ireland Luxembourg Netherlands Poland Portugal Romania Slovakia Spain Sweden United Kingdom Other developed Europe Norway Switzerland North America Canada United States Other developed countries Australia Israel Japan Developing economies Africa Algeria Egypt Angola Latin America and the Caribbean South and Central America Argentina Brazil Mexico Caribbean Dominican Republic Asia West Asia Qatar Turkey South, East and South-East Asia China Hong Kong, China India Korea, Republic of Singapore Oceania South-East Europe and CIS South-East Europe Croatia CIS Kazakhstan Russian Federation Unspecified 2000 - 2001 2002 2003 2004 2005 2006 2007 2008 308 381 249 543 211 415 199 592 9 413 2 791 48 101 36 687 2 109 2 395 1 173 773 13 609 4 971 10 379 1 750 450 20 135 1 609 31 200 11 823 1 200 10 245 32 785 3 805 28 980 5 343 1 839 234 3 199 53 939 9 133 442 1 652 595 31 973 31 226 7 310 16 885 1 624 747 124 12 827 3 589 450 2 697 9 238 2 465 932 951 955 1 681 6 4 899 1 913 521 2 986 788 1 736 - 287 194 233 427 197 545 186 442 6 092 2 671 42 398 34 838 2 275 2 296 1 269 798 14 397 4 230 10 805 2 025 1 158 17 193 1 655 31 020 11 103 1 176 9 512 27 998 3 361 24 637 7 884 2 993 148 4 657 48 601 9 857 696 1 871 717 24 938 24 173 4 460 12 688 1 540 765 130 13 801 3 825 459 2 890 9 976 2 788 946 1 061 1 002 1 751 6 5 166 1 703 645 3 462 1 099 1 831 - 297 189 242 033 204 861 193 830 6 177 2 846 44 092 35 124 2 579 2 474 1 211 741 14 840 5 015 11 591 2 254 1 229 20 046 1 717 30 517 11 030 1 129 9 471 28 851 3 941 24 910 8 322 3 259 148 4 832 49 903 10 254 752 1 603 669 24 743 23 999 4 548 12 646 1 533 744 134 14 901 4 439 481 3 468 10 461 2 879 1 019 1 083 1 024 1 837 6 5 253 1 372 750 3 881 1 290 2 041 - 318 292 259 234 222 816 210 277 6 893 2 721 47 980 39 148 2 914 2 485 1 309 1 070 15 735 7 928 13 478 2 641 1 379 22 481 1 833 32 006 12 539 1 842 10 220 27 762 4 088 23 674 8 656 3 512 79 4 976 52 684 11 476 892 1 919 991 23 847 23 080 4 325 11 725 1 686 768 137 17 354 4 766 508 3 749 12 588 3 465 1 093 1 157 1 092 3 162 6 6 374 1 634 965 4 741 1 930 2 266 - 350 045 278 776 240 499 226 498 6 507 3 186 49 817 42 505 2 047 2 652 1 633 1 944 18 977 8 203 15 654 3 283 1 424 25 883 1 476 32 677 14 000 2 417 11 072 29 111 4 263 24 848 9 166 3 727 84 5 271 62 080 16 463 1 747 2 895 1 997 25 864 25 063 4 829 13 858 1 845 801 144 19 747 4 975 534 3 910 14 773 4 280 1 102 1 284 1 141 3 899 6 9 189 1 881 1 142 7 308 4 104 2 593 - 400 141 302 737 264 228 248 574 7 360 3 707 51 171 47 762 2 205 2 633 1 793 2 016 21 378 9 242 17 162 3 887 1 647 29 953 2 206 34 543 15 653 2 991 12 117 30 059 2 934 27 125 8 450 2 681 88 5 593 87 088 20 349 2 017 3 437 2 937 29 466 28 631 5 642 16 827 1 949 835 151 37 266 5 384 560 4 210 31 882 20 873 1 227 1 441 1 181 4 105 7 10 316 2 094 1 274 8 222 4 386 3 150 - 441 864 340 868 299 039 282 704 7 515 4 641 54 884 49 953 2 619 2 760 1 937 2 114 19 779 11 535 17 947 4 272 2 142 52 953 2 433 34 917 16 336 2 998 12 757 32 811 3 085 29 726 9 017 2 918 100 5 898 89 354 21 897 2 146 3 667 2 873 44 937 44 066 7 143 23 904 2 094 871 159 22 512 6 020 592 4 689 16 492 5 236 1 779 1 634 1 231 3 419 7 11 643 2 230 1 307 9 412 4 935 3 711 - 460 513 350 366 306 705 289 642 16 976 5 365 54 081 51 081 2 763 3 156 1 946 2 119 21 093 11 389 20 828 4 441 2 918 45 275 2 267 33 350 17 063 2 817 13 660 34 481 2 227 32 254 9 179 3 029 100 5 946 96 040 26 605 2 354 4 268 2 898 45 636 44 773 7 162 24 491 2 138 863 154 23 791 6 174 592 4 835 17 617 5 405 2 345 1 572 1 232 3 436 7 14 108 2 411 1 501 11 697 6 020 4 859 - 2009 Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. ______________________________________________________________________________________________________ - ______________________________________________________________________________________________________ Italy 25 Table 44. Sales of affilitates of foreign TNCs in the host economy, by industry, 2000–2009 (Milliions of euro) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Paper and paper products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Non-metallic mineral products Metal and metal products Machinery and equipment Electrical and electronic equipment Electrical machinery and apparatus Precision instruments Motor vehicles and other transport equipment Motor vehicles, trailers and semi-trailers Other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Wholesale trade Hotels and restaurants Transport, storage and communications Transport and storage Post and communications Finance Business activities Public administration and defence Education Health and social services Community, social and personal service activities Unspecified 2000 - 2001 2002 2003 2004 2005 2006 2007 2008 354 271 417 417 202 677 13 646 3 360 7 857 7 819 20 176 37 844 7 516 6 091 15 200 22 284 29 838 29 838 36 359 31 965 4 393 2 507 151 177 5 934 1 547 96 637 96 637 34 416 12 411 22 006 - 357 491 514 514 191 326 14 761 3 239 47 7 876 12 986 39 105 7 897 5 796 14 903 22 452 25 187 25 187 34 897 30 178 4 719 2 182 165 651 8 504 1 935 102 960 102 960 37 356 13 241 24 115 - 366 943 505 505 189 755 17 030 3 285 51 8 077 13 098 37 885 7 969 5 557 14 499 21 692 24 036 24 036 34 578 29 019 5 559 1 998 176 684 13 898 1 884 110 490 110 490 32 487 13 684 18 803 - 382 497 551 551 197 791 19 393 3 141 57 8 111 12 850 38 804 8 341 5 582 15 513 23 579 25 605 25 605 34 895 30 031 4 864 1 917 184 155 16 093 2 036 113 074 113 074 34 301 14 995 19 306 - 398 722 868 868 184 298 19 360 3 152 74 8 158 15 903 38 445 8 773 5 667 17 676 26 096 23 933 23 933 15 304 9 868 5 436 1 757 213 556 27 212 2 079 122 584 122 584 41 884 16 317 25 567 - 430 070 1 009 1 009 196 869 20 486 3 719 76 8 295 17 685 40 610 9 234 6 163 20 626 27 811 24 332 24 332 15 893 10 310 5 582 1 940 232 192 34 481 2 053 130 833 130 833 43 087 17 484 25 602 - 480 059 1 143 1 143 206 958 20 870 4 769 86 8 671 19 090 40 186 9 544 6 046 22 613 31 245 25 722 25 722 16 197 11 869 4 328 1 921 271 958 37 000 2 226 138 154 138 154 70 964 18 436 52 528 - 496 913 1 274 1 274 212 328 22 530 4 945 93 8 446 22 833 39 507 8 993 5 632 22 505 31 838 25 655 25 655 17 256 11 522 5 734 2 095 283 311 47 778 2 687 136 943 136 943 70 899 18 518 52 381 - 2009 Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. Note : Post and telecommunications refer to other information and communication activities. ______________________________________________________________________________________________________ - ______________________________________________________________________________________________________ Italy 26 Table 45. Sales of affilitates of foreign TNCs in the host economy, by geographical origin, 2000–2009 (Milliions of euro) Region/economy Total world Developed countries Europe European Union Belgium Denmark Finland France Germany Greece Hungary Ireland Luxembourg Netherlands Poland Portugal Slovenia Spain Sweden United Kingdom Other developed Europe Iceland Norway Switzerland North America Canada United States Other developed countries Australia Israel Japan Developing economies Africa Egypt Libyan Arab Jamahiriya Latin America and the Caribbean South and Central America Argentina Mexico Caribbean Asia West Asia Kuwait Saudi Arabia Turkey United Arab Emirates South, East and South-East Asia China India Korea, Republic of Singapore Taiwan Province of China Oceania South-East Europe and CIS South-East Europe Croatia CIS Russian Federation Ukraine Unspecified 2000 - 2001 2002 2003 2004 2005 2006 2007 2008 354 271 337 212 201 544 184 190 4 162 1 547 3 251 57 109 49 259 962 115 748 714 18 179 62 60 195 3 088 13 431 28 344 17 355 1 294 15 701 120 333 3 467 116 867 15 334 255 402 14 639 16 530 7 186 6 280 1 671 1 661 1 442 10 7 673 4 240 4 031 133 55 3 433 118 265 1 279 335 1 049 529 163 157 366 366 - 357 491 338 872 203 763 183 936 4 224 1 913 3 487 51 235 51 363 1 025 110 275 2 597 17 940 64 49 219 3 832 12 849 29 292 19 827 1 1 196 18 316 117 666 3 179 114 486 17 444 754 592 16 036 18 032 8 013 19 7 211 1 547 1 537 1 470 1 10 8 472 4 637 4 347 133 118 16 3 835 256 300 1 101 291 1 346 587 130 122 457 457 - 366 943 346 643 210 196 189 033 4 282 1 923 3 141 52 343 52 791 1 008 120 205 2 151 18 668 61 51 241 4 213 12 324 32 138 21 163 1 1 015 19 752 118 828 2 632 116 196 17 619 845 644 16 073 19 645 9 121 19 7 933 1 470 1 459 1 374 1 11 9 054 4 624 4 283 143 164 16 4 430 315 316 1 283 258 1 705 655 134 125 521 521 - 382 497 360 781 220 641 197 403 4 717 2 153 2 740 54 223 55 830 1 015 104 169 2 424 18 116 72 201 237 7 801 12 876 30 977 23 238 1 1 101 21 659 122 189 2 797 119 392 17 951 822 692 16 387 20 971 7 084 19 5 832 1 899 1 888 1 699 8 11 11 988 5 765 5 093 396 204 29 6 222 485 341 1 905 224 2 066 746 171 164 575 575 - 398 722 367 698 241 008 216 398 4 636 2 258 2 958 63 806 58 239 1 084 88 189 2 682 18 778 70 267 223 10 488 14 096 32 547 24 610 1 1 174 22 941 108 425 2 265 106 160 18 265 1 001 466 16 724 28 274 11 192 4 563 5 211 2 343 2 334 2 104 17 9 14 738 7 561 6 738 443 288 51 7 177 670 491 2 734 301 2 459 2 751 207 199 2 544 2 337 207 - 430 070 397 009 263 834 236 069 4 486 2 730 3 316 72 686 62 217 1 222 153 268 413 18 048 99 100 234 13 277 15 527 36 355 27 765 1 1 350 25 920 112 895 1 785 111 110 20 280 1 031 562 18 534 29 453 11 492 4 778 5 116 2 263 2 254 1 930 44 8 15 698 8 042 6 875 508 299 310 7 657 713 765 2 860 359 2 515 3 608 291 286 3 317 3 030 288 - 480 059 443 072 303 435 274 414 4 628 2 950 4 621 78 141 66 103 1 355 1 661 196 424 18 397 110 100 284 34 240 16 760 39 261 29 022 16 1 537 27 025 118 589 1 195 117 394 21 048 595 585 19 694 32 012 11 928 5 147 5 046 3 001 2 993 2 284 53 9 17 082 8 652 7 257 603 282 477 8 430 946 823 2 711 442 2 444 4 975 343 335 4 632 3 941 691 - 496 913 451 563 312 150 282 665 4 506 3 776 4 096 84 749 73 194 1 591 2 113 294 511 18 793 105 118 209 28 540 15 114 39 119 29 485 84 1 558 27 387 120 614 1 514 119 100 18 799 868 630 17 129 39 098 15 271 5 570 7 882 3 887 3 880 2 223 32 8 19 940 9 185 7 679 559 284 507 10 755 1 609 2 136 2 735 679 2 552 6 252 342 333 5 911 5 156 755 - 2009 Source : UNCTAD FDI/TNC database based on data from the Istituto Nazionale per il Comercio Estero. ______________________________________________________________________________________________________ - ______________________________________________________________________________________________________ Italy 27 a Table 86. Largest home-based TNCs, 2010 (Millions of dollars and number) Company Industry Sales Employees A. Primary ENI Italcementi Mining, quarrying and petroleum Mining, quarrying and petroleum 132628.75 6 427 78830 20 763 137 801 B. Secondary (Manufacturing) Fiat Spa Motor vehicles and other transport equipment 48 134 Fiat Industrial Spa Machinery and equipment 28 631 62 123 Finmeccanica Spa Motor vehicles and other transport equipment 25 080 73 056 Saipem Machinery and equipment 15 462 38 428 Saras Coke, petroleum and nuclear fuel 11 443 2 309 Luxottica Precision instruments 7 778 61 900 22 262 Italmobiliare Non-metallic mineral products 6 905 Pirelli & C Rubber and plastic products 6 504 28 865 Prysmian Metals and metal products 6 132 12 361 Parmalat Spa Food, beverages and tobacco 5 770 13 930 Indesit Company Electrical and electronic equipment 3 863 16 060 KME Group Metals and metal products 3 647 6 471 Buzzi Unicem Non-metallic mineral products 3 553 11 238 RCS Mediagroup Publishing and printing 3 026 6 196 Danieli And C Machinery and equipment 2 797 8 663 Prada Spa Textiles, clothing and leather 2 170 6 764 Immsi Spa Motor vehicles and other transport equipment 2 152 7 952 De Longhi Electrical and electronic equipment 2 147 7 083 Piaggio & Company Spa Motor vehicles and other transport equipment 1 993 7 529 Caltagirone Non-metallic mineral products 1 780 4 457 C. Tertiary (Services) Enel Spa Electricity, gas and water 96 513 78 313 Telecom Italia Transport, storage and communications 36 987 84 200 Autogrill Hotels and restaurants 8 068 46 451 Cofide Spa Electricity, gas and water 6 447 12 911 12 910 CIR Electricity, gas and water 6 447 Atlantia Transport, storage and communications 6 065 9 686 Mediaset Spa Community, social and personal service activities 5 706 6 285 Maire Tecnimont Spa Construction 3 339 5 129 Lottomatica Community, social and personal service activities 3 104 7 602 Esprinet Wholesale trade 2 958 966 Enel Green Power Spa Electricity, gas and water 2 845 2 955 Benetton Wholesale trade 2 740 9 469 Impregilo Construction 2 591 9 319 Astaldi Construction 2 574 8 363 Ansaldo STS Spa Construction 1 722 4 217 Marr Spa Wholesale trade 1 565 984 D. Finance and Insurance Assets Employees Unicredit Finance 1 231 792 167 914 Intesa Sanpaolo Finance 875 726 102 501 Generali Spa Insurance 554 155 85 368 Banco Popolare Finance 178 077 22 568 Exor Holding 101 694 211 636 Mediobanca Finance 92 945 3 399 Banca Popolare Emilia Romagna Finance 77 876 12 204 Mediolanum Insurance 43 480 2 069 Banca Popolare DI Sondrio Finance 35 163 3 089 Cattolica Assicurazioni Insurance 24 044 1 489 Vittoria Assicurazioni Insurance 3 288 521 Banca Profilo Finance 2 628 218 Source : Thomson ONE and company websites. a Or latest year available. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 28 a Table 87. Largest foreign affiliates of home-based TNCs, 2010 (Millions of dollars and number) Company Host economy Industry Sales Employees A. Primary Agip Kazakhstan North Caspian Operating Co. Netherlands Mining, quarrying and petroleum 6 620 3 620 Eni Norge As Norway Mining, quarrying and petroleum 3 033 208 Eni Angola Exploration B.v. Netherlands Mining, quarrying and petroleum 2 151 .. Eni Algeria Exploration B.v. Netherlands Mining, quarrying and petroleum 1 094 .. Eni Croatia B.v. Netherlands Mining, quarrying and petroleum 365 4 Gsm France Mining, quarrying and petroleum 335 634 Eni Jpda 03-13 Ltd United Kingdom Mining, quarrying and petroleum 317 2 10 288 14 231 B. Secondary (Manufacturing) Fiat Autom=veis S/a. Brazil Motor vehicles and other transport equipment Parmalat Romania Sa Romania Food, beverages and tobacco 5 765 137 Dyckerhoff Ag Germany Non-metallic mineral products 1 965 7 000 2 700 Fiat Auto Argentina S.a. Argentina Motor vehicles and other transport equipment 1 747 Agustawestland Ltd United Kingdom Motor vehicles and other transport equipment 1 741 3 177 Iveco Espa-a Sl Spain Motor vehicles and other transport equipment 1 700 4 023 Iveco Latin Amtrica Ltda. Brazil Motor vehicles and other transport equipment 1 681 3 000 Cnh Latin Amtrica Ltda. Brazil Motor vehicles and other transport equipment 1 676 3 000 Kme Germany Ag & Co. Kg Germany Metals and metal products 1 413 2 840 Cnh U.k. Ltd United Kingdom Machinery and equipment 1 407 1 282 Fiat Powertrain Polska Sp Z O O Poland Motor vehicles and other transport equipment 1 335 900 Berlin-chemie Ag Germany Chemicals and chemical products 1 312 2 800 Zimmermann Gmbh Germany Food, beverages and tobacco 1 309 5 000 Prysmian Metals Ltd United Kingdom Metals and metal products 1 177 4 Ciments Calcia France Non-metallic mineral products 1 150 1 444 Pirelli Deutschland Gmbh Germany Motor vehicles and other transport equipment 1 018 2 500 Ascometal France Metals and metal products 1 007 2 370 C. Tertiary (Services) Eni Trading & Shipping B.v. Netherlands Wholesale trade 14 620 18 Enersis S.a. Chile Electricity, gas and water 13 784 12 264 Endesa Energia Sau Spain Electricity, gas and water 10 788 650 Distrigaz Distrigas Sa Belgium Electricity, gas and water 9 893 100 Migdal Capital Markets (1965) Ltd. Israel Business services 8 184 318 Eni North Africa B.v. Netherlands Transport, storage and communications 7 393 117 Tim Celular S/a. Brazil Transport, storage and communications 7 154 10 000 Eni Deutschland Gmbh Germany Wholesale trade 5 694 180 Migdal Insurance & Financial Holdings Ltd. Israel Business services 5 376 3 663 Empresa Nacional De Electricidad S.a. Chile Electricity, gas and water 5 114 1 151 Endesa Generacion Sa Spain Electricity, gas and water 5 086 2 261 Sanacorp Pharmahandel Gmbh Germany Wholesale trade 4 136 3 100 Endesa Distribucion Electrica Sl Spain Electricity, gas and water 3 540 5 108 Gtech Global Services Corporation Limited Cyprus Business services 3 219 7 770 Eni Slovensko, Spol. S R.o. Slovakia Retail trade 2 968 19 Assets D. Finance and Insurance Employees Unicredit Bank Austria Ag Austria Finance .. 62 059 Unicredit Bank Ag Germany Finance .. 20 000 Agustawestland N.v. Netherlands Finance .. 13 995 Draka Holding N.v. Netherlands Finance .. 9 410 Enel Investment Holding B.v. Netherlands Finance .. 9 071 Autogrill Holdings Uk Plc United Kingdom Holding .. 8 617 Ceska Pojistovna A.s. Czech Republic Insurance .. 3 979 General Domestic Appliances Holdings Ltd United Kingdom Holding .. 3 184 Unicredit Tiriac Bank Sa Romania Finance .. 3 053 Deutsche Pirelli Reifen Holding Gmbh Germany Holding .. 3 000 Generali Iard France Insurance .. 1 309 The Lawrence Life Assurance Company Ltd Ireland Insurance .. 3 Sources: Dun & Bradstreet Inc., WorldBase, company websites. a Or latest year available. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Italy 29 a Table 88. Largest affiliates of foreign TNCs in the host economy, 2010 (Millions of dollars and number) Company Home economy Industry .. .. Sales Employees A. Primary .. .. .. 17 404 1 335 B. Secondary (Manufacturing) Esso Italiana Srl United States Coke, petroleum and nuclear fuel Nuovo Pignone Spa United States Machinery and equipment 4 648 4 100 Ibm Italia Spa United States Electrical and electronic equipment 3 692 7 074 Abb Spa Switzerland Electrical and electronic equipment 3 434 5 509 Ferrero Spa Luxembourg Food, beverages and tobacco 3 162 6 073 Ies Italiana Energia E Servizi Spa Hungary Coke, petroleum and nuclear fuel 2 993 401 Isab Srl Russian Federation Coke, petroleum and nuclear fuel 2 677 1 075 4 105 Nestle' Italiana Spa Switzerland Food, beverages and tobacco 2 160 Luxottica Srl Luxembourg Precision instruments 2 157 7 180 Sanofiaventis Spa France Chemicals and chemical products 2 059 2 677 Whirlpool Europe Srl United States Electrical and electronic equipment 2 028 4 819 Spa Michelin Italiana S.a.m.i. France Rubber and plastic products 2 010 4 985 Stmicroelectronics Srl Netherlands Electrical and electronic equipment 1 846 8 102 Ericsson Telecomunicazioni Spa Sweden Electrical and electronic equipment 1 789 3 573 Abbott Srl United States Chemicals and chemical products 1 713 2 072 Roche Spa Switzerland Chemicals and chemical products 1 649 1 185 Merck Serono Spa Germany Chemicals and chemical products 1 639 670 Coca Cola Hbc Italia Srl Netherlands Food, beverages and tobacco 1 460 3 300 Henkel Italia Spa Germany Chemicals and chemical products 1 454 1 351 Prada Spa Luxembourg Textiles, clothing and leather 1 440 2 830 7 904 C. Tertiary (Services) Vodafone Omnitel N.v. United Kingdom Transport, storage and communications 11 576 Kuwait Petroleum Italia Spa Netherlands Antilles Wholesale trade 10 190 642 Wind Telecomunicazioni Spa Luxembourg Transport, storage and communications 7 855 6 558 Volkswagen Group Italia Spa Germany Wholesale trade 6 802 917 Shell Italia Spa United Kingdom Wholesale trade 6 445 588 Egl Italia Spa Switzerland Electricity, gas and water 6 145 95 Gs Spa France Retail trade 5 005 8 923 Auchan Spa Luxembourg Retail trade 4 902 13 981 Ford Italia Spa United States Wholesale trade 4 269 143 Logista Italia Spa United Kingdom Wholesale trade 3 780 201 Bmw Italia Spa Germany Retail trade 3 722 301 Mediamarket Spa Germany Retail trade 3 508 6 527 Mercedesbenz Italia Spa Germany Wholesale trade 3 424 703 E.on Energy Trading Spa Germany Electricity, gas and water 3 380 110 E.on Produzione Spa Germany Electricity, gas and water 3 319 1 035 E.on Energia Spa Germany Electricity, gas and water 3 202 171 Comifar Distribuzione Spa Germany Wholesale trade 3 076 1 400 Assets D. Finance and Insurance Employees Banca Nazionale Del Lavoro Spa O In Forma Contratta Bnl France Finance .. Cassa Di Risparmio Di Parma E Piacenza Spa France Finance .. 14 294 6 340 Allianz Spa Germany Insurance .. 4 061 3 165 Deutsche Bank Spa Germany Finance .. Agos-ducato Spa France Finance .. 1 426 Axa Assicurazioni Spa France Insurance .. 1 254 1 000 Zurich Insurance Company Ltd Switzerland Insurance .. Bnp Paribas Lease Group Spa France Finance .. 450 Vittoria Assicurazioni Spa Netherlands Insurance .. 428 Unilever Italy Holdings S. Rl Netherlands Holding .. 393 Zurich Investments Life Spa Gdf Suez Energia Italia Spa Switzerland France Insurance .. 105 Holding .. 20 Rb Vita Spa Germany Insurance .. 8 Msd Italia Srl Switzerland Holding .. 1 Sources: Dun & Bradstreet Inc., WorldBase, company websites. a Or latest year available. ______________________________________________________________________________________________________