According to the "Rapporto Export 2023 - Il futuro è adesso, insieme" by Sace S.p.A., Italian export for the years 2023-2024 will be characterized by a significant market diversification.

The new players in this scenario will be the Gulf countries, India, Thailand, Vietnam, Brazil, and Croatia. This trend represents an important change, marking an expansion of Italy's economic horizon towards emerging markets, demonstrating the increased resilience and adaptability of Italian companies.

In the United States, Italian export recorded an impressive +32% in 2022 compared to the previous year, reaching a total of EUR 65 billion in exports. Also during the current year, U.S. is the 2nd destination market for Italian exports and the 1st destination market for Italian exports within the Americas.

This phenomenon is the result of the excellent performance of the American economy, which, after a slow start to the year and the risks - fortunately averted - of a banking crisis, is expected to grow by 1% for the current year.

The large internal market in the United States and their energy independence have allowed the country to maintain a good economic performance, further strengthened by the push of the IRA to various sectors of the economy.This has allowed Italy to surpass France as the second destination market for Italian sales abroad, consolidating itself among the ten most dynamic economies. Our export value to U.S. is expected to increase by a further 6% this year and 4.5% in 2024. Among the most promising sectors, electrical appliances, chemical products, and rubber and plastic products stand out.

Italian exports to USA (source: Sace S.p.A.)

Focusing on individual state realities, Florida emerges as one of the most promising states for Italian export, but also for Italian Foreign Direct Investment (FDI), especially in the sectors of clean energy, aviation and aerospace, yachting and boating, IT, food, and beverages.

According to data from the U.S. Department of Commerce, in 2022 Italian export in Florida recorded a record increase of 26.6%, for a total of 3.5 billion dollars.

This once again highlights the ability of Italian companies to seize opportunities offered by the most dynamic foreign markets.

Published in EXP Legal
Thursday, 01 June 2023 15:17

Claudio Scaramella joins EXP Legal

With immense pleasure, EXP Legal announces that Claudio Scaramella will be joining the firm, effective from June 1, 2023.

Claudio Scaramella, corporate lawyer in Italy, will significantly contribute to EXP Legal Business Internationalization Department and will assume the role of head of the Intellectual Property Department.

Claudio Scaramella has garnered extensive experience in the field of business internationalization in Brazil, where he has built a valuable network of contacts. His deep understanding of the Brazilian market is an invaluable opportunity for investors and businesses interested in exploring or strengthening their presence in this dynamic setting.

Antonello Corrado e Giorgio Cherubini, Senior Partner of EXP Legal, agree that "the entry of Claudio Scaramella into the Firm is of great value and represents an opportunity to strengthen the international practice of the Firm, consistent with his strategy and vision and perfectly integrated with the ability to operate in international scenarios and online with Italian and international firms and professionals with whom EXP Legal maintains consolidated relationships”.
Published in EXP Legal
Tuesday, 13 June 2023 08:46

We The Italians Gala Dinner 2023

Last night, our Senior Partner Antonello Corrado and Senior Associate Stefano Rossi represented EXP Legal at the esteemed "We the Italians" gala dinner in Rome, held at the distinguished Circolo del Ministero degli Affari Esteri. This event, which is an exclusive celebration of the deeply-rooted bond between Italy and the United States, was attended by prestigious institutional figures and esteemed guests.

The event was also graced by the presence of the board of the National Italian American Foundation, an organization which symbolizes the identity and aspirations of 20 million Italian Americans.

As part of EXP Legal's ongoing efforts to bolster business relations between Italy and the U.S, Antonello Corrado and Stefano Rossi engaged in thought-provoking discussions and brainstorming sessions focused on innovative strategies to promote the 'Made in Italy' brand within the U.S.

We at EXP Legal believe in the power of collaboration and international partnerships. The unique synergy between Italy and the U.S. demonstrates how two nations, when united by shared values and mutual respect, can create a robust business environment that benefits all.

The evening left us inspired and more determined than ever to contribute to this dynamic partnership.

Let's continue to forge ahead, connecting Italian creativity with American innovation for a prosperous future.

Published in EXP Legal
Canada is a high-income country, rich in raw materials, with an advanced agricultural sector and an important industrial base.

The stability of the political and economic system, the presence of certain rules and the rule of law, labor market conditions, the cost of production factors and access to credit, combined with the appreciation of Italian products and the policy of openness to international trade traditionally followed by the country, make Canada an extremely attractive market for Italian companies interested in increasing their exports or internationalizing their production.

Since September 21, 2017, the CETA "Comprehensive Economic and Trade Agreement" between the European Union and Canada has been applied. The Agreement, in addition to the almost total liberalization of tariff lines, provides for measures such as the opening of Canadian public procurement to European companies, the protection of a series of geographical indications, the facilitation of the movement of workers and privileged treatment in the field of investments.

Canada has also been part of a free trade agreement with the USA and Mexico (NAFTA) since 1994, which has recently been renegotiated between the Parties. The new version of the Agreement, called USMCA (CUSMA in the Canadian wording), was signed on November 30, 2018, and came into force on July 1, 2020. A further important step in the field of openness to international trade was taken by Canada in 2018, with the entry into force, from December 30, of the CPTPP "Comprehensive and Progressive Agreement for Trans-Pacific Partnership", concluded between 11 countries in the Pacific area.

As for bilateral trade, data from the Canadian National Statistics Agency, Statistics Canada, show that in 2020 Italy, despite the crisis, confirmed itself as the seventh-largest supplier overall, the second-largest European supplier, after Germany.

In 2020, imports of Italian goods to Canada amounted to 9 billion CAD, a decrease of 5.0% compared to the previous year, against approximately 3.7 billion CAD of Canadian exports to Italy (source Statistics Canada). The trade balance is therefore favorable to Italy with a very significant positive balance, in the order of 5.3 billion CAD. After closing 2019 with a growth of 5%, 2020 also started positively for our country, and the increase in Italian exports to Canada in the first two months of 2020 compared to the same period of the previous year was 8.6%.

In 2021, imports of Italian goods to Canada amounted to 4,8 mld EUR (+13,2%; source Sace S.p.A.) and 2022 forecasts are also positive with a +12% compared to 2021, for a total of exports of around 5,4 mld EUR (source Sace S.p.A.).

Due to the pandemic, there has been a slowdown in trade, however, the Italian decline was the most moderate among all major Canadian trading partners, after China and South Korea.

Among the main sectors of our exports are machinery, motor vehicles and means of transport, beverages and alcoholic beverages (wine in particular) and food products. In the latter sector, Italy is the leading European supplier to Canada (fourth worldwide). Imports from Canada to Italy mainly concern mineral products, chemical products, and machinery.

Not only exports, Canada is also a place to be considered for foreign direct investments. Thanks to the above-mentioned stability of the political and economic system, the presence of certain rules and the rule of law, abundant natural resources, modern infrastructures and the easy access to the US market, Canada is an ideal location to invest for new commercial or industrial projects. The country offers a very favorable business environment with also competitive tax system and efficient regulation. 

Published in EXP Legal
SIMEST Equity Loans (“Prestito Partecipativo” in Italian) and Venture Capital Fund represent a unique opportunity for Italian companies looking to expand their presence on international markets. By acquiring minority stakes in Italian companies or in their foreign subsidiaries, SIMEST provides financial and strategic support to help these businesses grow and succeed in the global marketplace.

SIMEST, a subsidiary of Cassa Depositi e Prestiti, is committed to supporting Italian companies in their internationalization efforts. In particular, through its “Equity Loans”, SIMEST acquires minority stakes in these businesses using either its own resources or, for foreign investments, those of the Venture Capital Fund. This approach helps support investments abroad as a long-term minority institutional investor, either by acquiring stakes in foreign subsidiaries or by investing in Italian companies themselves, provided they use the resources for investments in innovation and research to gain a better position on foreign markets.

In addition to the direct investments by SIMEST, the company offers public assistance at excellent conditions in association with the Italian Ministry of Foreign Affairs and International Cooperation. This assistance can be combined with a Venture Capital Fund investment solely for direct investments abroad, further boosting the financial support available for international expansion projects.

The combined investments by SIMEST and the Venture Capital Fund may reach up to 49% of the foreign company’s capital and may not exceed the Italian promoter company’s stake. Duration of the investment: up to 8 years.

Furthermore, for investments in non-EU countries, interest grants are available to bring down the cost of the loan that the promoter company agrees with a third-party bank to finance its investment in the foreign company’s capital.

The benefits of using SIMEST Equity Loans and Venture Capital Fund for Italian companies are numerous. First and foremost, access to financial resources enables businesses to support their growth and expansion on foreign markets, increasing their global presence and competitiveness. Furthermore, SIMEST's strategic support and international network of contacts facilitate entry into new markets and the establishment of valuable partnerships.

Moreover, the long-term nature of SIMEST's investment as a minority institutional investor helps Italian companies maintain control of their businesses while still enjoying the advantages of additional financial resources. This balance ensures that companies can successfully navigate the challenges and opportunities that arise during international expansion efforts.

Finally, the collaboration between SIMEST and the Italian Ministry of Foreign Affairs and International Cooperation ensures that Italian companies receive comprehensive support that caters to their specific needs. This partnership maximizes the effectiveness of public assistance and promotes the internationalization of Italian businesses.

In conclusion, SIMEST Equity Loans and Venture Capital Fund provide an invaluable resource for Italian companies seeking to expand and establish themselves on international markets. Through the financial and strategic support offered by SIMEST, Italian companies can overcome barriers to international expansion, enhance their competitiveness in the global market, and contribute to the growth and development of Italy's economy.


Our team at EXP Legal remains committed to assisting you with any legal aspects related to international expansion and ensuring that you have the proper guidance and support throughout the process. Should you have any questions or require further information on how to leverage Simest's support for your business, please do not hesitate to contact us.

Published in EXP Legal
Wednesday, 06 April 2022 09:56

Event: "Breakfast Meeting - Focus: Florida"

EXP Legal is pleased to announce a new event - “Breakfast Meeting” - designed to meet the needs of our clients.

On May 3, 2022, from 9:30 am to 11:00 am, EXP Legal will host a round table, in Rome, to discuss and analyze all the new investment opportunities in the State of Florida tailored to the interests of Italian companies.

Guest of the meeting will be Mrs. Emma Cipollari, Deputy Director France & Italy of Enterprise Florida, who will introduce attendees to the main innovations in terms of investment incentives made available by the State of Florida to foreign investors.


9:15 am - Registration of attendees;
9:30 am - Commercial relations between Italy and the U.S. - A. Corrado, S. Rossi;
9:45 am - Florida investment opportunities and incentives - E. Cipollari;
10:30 am - Brief overview of the current Italian loans and grants for internationalization projects - Avv. S. Rossi;
10:45 am - Q&A and light breakfast.

The event will be held in Italian and will take place at EXP Legal Law Firm – Rome office (Via di Ripetta, 141) and is intended for a maximum of 6 companies / professionals (maximum 1 person per company / professional). 

For any questions and reservations, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..
Published in EXP Legal

EXP Legal is pleased to announce the new serie of “Breakfast Meeting” designed to meet the needs of our clients.

Published in EXP Legal

The book “Contratti internazionali. Manuale teorico-pratico. Principi generali - Tecniche di negoziazione - Tavole di comparazione” (International Agreements. Theoretical/practical Handbook. General principles - Negotiation techniques - Comparative tables), Pacini Giuridica, 2022, written by Giorgio Cherubini, Stefano Rossi and Giancarlo Cherubini, respectively Founding Partner, Senior Associate and Associate of EXP Legal, was recently released.

Published in EXP Legal

The Indonesian government has chosen an Italian company to mitigate Covid-19 pandemic. An international sales and purchase agreement has been signed for the provision of 120,000 air purifiers (STERICLAIR™).

Published in EXP Legal

Experts with a long range vision, ready to overcome barriers and take on new challenges in new professional environments. Up to date on developments in Italy and abroad.

EXP Contacts

  Via di Ripetta, 141
00186 - Roma

 +39 06 6876917

Via Fontana, 22
20122 - Milano

+39 02 30573573

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