Italian companies are known for their rich heritage and innovation, spanning various industries such as fashion, automotive, and food. Renowned brands like Gucci and Ferrari exemplify Italy's commitment to quality and design, making significant contributions to the global market. The Italian economy is characterized by a mix of small and medium-sized enterprises, often family-owned, which play a crucial role in local and international trade. Sectors like manufacturing and agriculture are vital, with products such as olive oil and wine being highly sought after worldwide.