Economy of Venice

The basis of the Venetian economy is tourism; along with the beauty of the architecture and canals and the many art and cultural attractions, there are numerous film festivals and other events throughout the year that draws visitors.

The city is also famous for its glassware, mirrors, and glass beads, most of which are manufactured on the nearby island of Murano.

Venetian lace, made chiefly on the island of Burano, is notable.

On the mainland, in Mestre and Marghera, are shipbuilding facilities and many industrial plants, including steelworks, foundries, and chemical factories.

Since World War II (1939-1945), many Venetians have moved to these areas seeking jobs and housing.

The Marghera port, which handles most of the area’s seagoing traffic, is reached by a channel that is an extension of the Giudecca Canal.