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Europe & Central Asia Trade Summary

2020

Europe & Central Asia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR EUROPE & CENTRAL ASIA 2020

Overall Exports and Imports for Europe & Central Asia 2020

Exports and imports of Europe & Central Asia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 6,696,207 million.
  • The total value of imports (CIF) was 6,592,641 million.
  • At the HS6 digit level, 4,564 products were exported to 237 countries and 4,597 products were imported from 237 countries.

Europe & Central Asia top 5 Export and Import partners 2020

Top five countries to which Europe & Central Asia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Europe & Central Asia exports to Germany worth US$ 830,272 million, with a partner share of 12.40 percent.
  2. Europe & Central Asia exports to United States worth US$ 548,540 million, with a partner share of 8.19 percent.
  3. Europe & Central Asia exports to France worth US$ 427,550 million, with a partner share of 6.38 percent.
  4. Europe & Central Asia exports to United Kingdom worth US$ 358,106 million, with a partner share of 5.35 percent.
  5. Europe & Central Asia exports to China worth US$ 337,839 million, with a partner share of 5.05 percent.

Top five countries from which Europe & Central Asia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Europe & Central Asia imports from Germany worth US$ 866,790 million, with a partner share of 13.15 percent.
  2. Europe & Central Asia imports from China worth US$ 665,420 million, with a partner share of 10.09 percent.
  3. Europe & Central Asia imports from Netherlands worth US$ 373,798 million, with a partner share of 5.67 percent.
  4. Europe & Central Asia imports from United States worth US$ 363,275 million, with a partner share of 5.51 percent.
  5. Europe & Central Asia imports from France worth US$ 319,397 million, with a partner share of 4.84 percent.

Europe & Central Asia Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Europe & Central Asia along with trade value are:

  1. Europe & Central Asia exported Other medicaments of mixed or unmixed products, , worth 246,774,932.81 (US$ Thousands).
  2. Europe & Central Asia exported Petroleum oils, etc, (excl. crude); preparation , worth 174,645,177.71 (US$ Thousands).
  3. Europe & Central Asia exported Human and animal blood; microbial cultures; tox , worth 152,520,158.31 (US$ Thousands).
  4. Europe & Central Asia exported Petroleum oils and oils obtained from bituminou , worth 146,605,211.34 (US$ Thousands).
  5. Europe & Central Asia exported Gold in unwrought forms non-monetary , worth 109,184,978.45 (US$ Thousands).

The top five imported HS 6 digit level products from world by Europe & Central Asia along with trade value are

  1. Europe & Central Asia imported Other medicaments of mixed or unmixed products, , worth 178,191,948.97 (US$ Thousands).
  2. Europe & Central Asia imported Petroleum oils and oils obtained from bituminou , worth 172,766,055.10 (US$ Thousands).
  3. Europe & Central Asia imported Transmission apparatus, for radioteleph incorpo , worth 152,657,501.52 (US$ Thousands).
  4. Europe & Central Asia imported Gold in unwrought forms non-monetary , worth 131,344,927.32 (US$ Thousands).
  5. Europe & Central Asia imported Petroleum oils, etc, (excl. crude); preparation , worth 127,357,755.65 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Europe & Central Asia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 2.83 percent.
  • The trade weighted average tariff was 1.83 .
  • The total duty free imports in thousands of US dollars were 2,050,251,101.01 and duty free tariff line items share was 59.18 percent.

Development Indicators 2020

Key Development Indicators of Europe & Central Asia in 2020 are below

  • Europe & Central Asia GDP in current US dollar was 22,150,022 million.
  • GNI per capita, Atlas method (current US$) was 24,027.07 .
  • Europe & Central Asia Trade balance: as % of GDP was 2.84.
  • Trade balance in current US$ was 630,064.00 million.
  • Trade as percentage of GDP was 77.91 .
  • Trade in services as percentage of GDP was 23.11 .

Trade Indicators 2020

Trade Indicators for Europe & Central Asia in 2020 are below

  • Hirschman Herfindahl market concentration index was not available.
  • Index of export market penetration was not available.
  • World Growth in percentage was not available and Europe & Central Asia Country Growth was not available .