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Europe & Central Asia Trade Summary

2023

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 2023

Overall Exports and Imports for Europe & Central Asia 2023

Exports and imports of Europe & Central Asia in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 8,443,545 million.
  • The total value of imports (CIF) was 8,643,469 million.
  • At the HS6 digit level, 4,560 products were exported to 237 countries and 4,601 products were imported from 237 countries.

Europe & Central Asia top 5 Export and Import partners 2023

Top five countries to which Europe & Central Asia exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Europe & Central Asia exports to Germany worth US$ 1,049,768 million, with a partner share of 12.43 percent.
  2. Europe & Central Asia exports to United States worth US$ 687,169 million, with a partner share of 8.14 percent.
  3. Europe & Central Asia exports to France worth US$ 554,048 million, with a partner share of 6.56 percent.
  4. Europe & Central Asia exports to Italy worth US$ 431,650 million, with a partner share of 5.11 percent.
  5. Europe & Central Asia exports to United Kingdom worth US$ 414,073 million, with a partner share of 4.90 percent.

Top five countries from which Europe & Central Asia imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Europe & Central Asia imports from Germany worth US$ 1,038,091 million, with a partner share of 12.01 percent.
  2. Europe & Central Asia imports from China worth US$ 831,083 million, with a partner share of 9.62 percent.
  3. Europe & Central Asia imports from United States worth US$ 554,662 million, with a partner share of 6.42 percent.
  4. Europe & Central Asia imports from Netherlands worth US$ 477,332 million, with a partner share of 5.52 percent.
  5. Europe & Central Asia imports from France worth US$ 413,815 million, with a partner share of 4.79 percent.

Europe & Central Asia Top 5 Productsexports imports at HS 6 digit level 2023

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 278,524,174.75 (US$ Thousands).
  2. Europe & Central Asia exported Petroleum oils, etc, (excl. crude); preparation , worth 275,397,394.06 (US$ Thousands).
  3. Europe & Central Asia exported Human and animal blood; microbial cultures; tox , worth 191,608,390.45 (US$ Thousands).
  4. Europe & Central Asia exported Automobiles nes including gas turbine powered , worth 188,449,892.08 (US$ Thousands).
  5. Europe & Central Asia exported Petroleum oils and oils obtained from bituminou , worth 150,112,883.45 (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 Petroleum oils and oils obtained from bituminou , worth 355,326,211.47 (US$ Thousands).
  2. Europe & Central Asia imported Petroleum oils, etc, (excl. crude); preparation , worth 278,005,150.91 (US$ Thousands).
  3. Europe & Central Asia imported Other medicaments of mixed or unmixed products, , worth 208,786,524.63 (US$ Thousands).
  4. Europe & Central Asia imported Automobiles nes including gas turbine powered , worth 193,910,345.91 (US$ Thousands).
  5. Europe & Central Asia imported Transmission apparatus, for radioteleph incorpo , worth 182,568,793.81 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Europe & Central Asia in 2023 are below

  • The maximum rate of tariff in percentage on any product was 2,211.34 percent.
  • The simple average tariff across all products was 2.73 percent.
  • The trade weighted average tariff was 1.66 .
  • The total duty free imports in thousands of US dollars were 2,909,893,868.81 and duty free tariff line items share was 65.74 percent.

Development Indicators 2023

Key Development Indicators of Europe & Central Asia in 2023 are below

  • Europe & Central Asia GDP in current US dollar was 27,617,158 million.
  • GNI per capita, Atlas method (current US$) was 29,376.04 .
  • Europe & Central Asia Trade balance: as % of GDP was 2.98.
  • Trade balance in current US$ was 822,928.00 million.
  • Trade as percentage of GDP was 86.66 .
  • Trade in services as percentage of GDP was 27.80 .

Trade Indicators 2023

Trade Indicators for Europe & Central Asia in 2023 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 .