ADIPEC 2023: Italy Claims Second Place as Top Global Supplier of Oiland Gas Industry Components to the U.A.E.

Italy stands as the European Union’s second-largest manufacturer and ranks eighth globally in terms of exports. Notably, the demand for Italian oil and gas technologies in the United Arab Emirates is on the rise, with imports exceeding €158 million in 2022, reflecting a substantial 10.5% increase. Impressively, during the first half of 2023 alone, this value has already surged past €87 million, reaffirming Italy’s position as the second-largest global supplier in this thriving market.