Italy's famous for producing some of the world's best tasting wines. Even better: this high quality doesn't have to mean high prices! Here are five of the best Italian wines you can buy for under $30 each. They make great gifts for dinner parties or special occasions.

Bocca di Lupo, Tomaresco 2002
A rich red wone for one of Italy's up and coming wine regions, Puglia, Bocca di Lupo is complex enough to stand on its own yet versatile enough to complement an array of dishes. It's got a soft, round flavor and a nice pricetag: just $28 for a bottle.

Cala Silente, Sardegna 2004
Made from Vermentino grapes, Cala Silente is a delight at just $18 per bottle. It's made in Sardinia and features notes of tangy spice and fruit. It's a gem of a white wine.

Castello Della Sala, Antinori 2004
Chardonnay loves will savor this charming white wine. Castello Della Sala combines rich, buttery flavors with a tang destined to keep each sip very balanced. It's aged in new oak, yet still checks in at just $15 per bottle!

Kettmier Cabernet, Trentino 2003
This outstanding red wine features a robust, complex flavor. One reviewer remarked that Kettmier Cabernet is better than some wines costing twice as much — it's just $16 per bottle.

Nebbiolo D’Alba, De Forville, 2003 
Nebbiolo D'Alba is the perfect red wine if your looking for a gentle taste that's delicate yet still vibrant. At just $22 per bottle, Nebbiolo D'Alba even bests some far more expensive wines from Oregon and California.