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European Union Trade Summary

2008

European Union 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 EUROPEAN UNION 2008

Overall Exports and Imports for European Union 2008

Exports and imports of European Union in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,026,063 million.
  • The total value of imports (CIF) was 2,386,984 million.
  • At the HS6 digit level, 4,610 products were exported to 205 countries and 4,610 products were imported from 205 countries.

European Union top 5 Export and Import partners 2008

Top five countries to which European Union exported in 2008 are below, along with the percent of total exports that went to that country:

  1. European Union exports to United States worth US$ 365,601 million, with a partner share of 18.04 percent.
  2. European Union exports to Russian Federation worth US$ 154,695 million, with a partner share of 7.64 percent.
  3. European Union exports to Switzerland worth US$ 150,105 million, with a partner share of 7.41 percent.
  4. European Union exports to Unspecified worth US$ 117,741 million, with a partner share of 5.81 percent.
  5. European Union exports to China worth US$ 115,412 million, with a partner share of 5.70 percent.

Top five countries from which European Union imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. European Union imports from China worth US$ 367,074 million, with a partner share of 15.38 percent.
  2. European Union imports from United States worth US$ 269,715 million, with a partner share of 11.30 percent.
  3. European Union imports from Russian Federation worth US$ 265,916 million, with a partner share of 11.14 percent.
  4. European Union imports from Norway worth US$ 141,364 million, with a partner share of 5.92 percent.
  5. European Union imports from Switzerland worth US$ 123,510 million, with a partner share of 5.17 percent.

European Union Top 5 Productsexports imports at HS 6 digit level 2008

The top five exported HS 6 digit level products to world by European Union along with trade value are:

  1. European Union exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 99,948,303.64 million.
  2. European Union exported Other medicaments of mixed or unmixed products, , worth US$ 58,491,440.33 million.
  3. European Union exported Automobiles with reciprocating piston engine di , worth US$ 41,090,808.82 million.
  4. European Union exported Automobiles with reciprocating piston engine di , worth US$ 36,284,492.74 million.
  5. European Union exported Aircraft nes of an unladen weight exceeding 15, , worth US$ 30,456,086.66 million.

The top five imported HS 6 digit level products from world by European Union along with trade value are

  1. European Union imported Petroleum oils and oils obtained from bituminou , worth US$ 407,794,784.88 million.
  2. European Union imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 85,076,755.95 million.
  3. European Union imported Natural gas in gaseous state , worth US$ 41,828,008.94 million.
  4. European Union imported Digital auto data process mach cntg in the same , worth US$ 27,956,377.95 million.
  5. European Union imported Other medicaments of mixed or unmixed products, , worth US$ 27,193,131.29 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by European Union in 2008 are below

  • The maximum rate of tariff in percentage on any product was 457.68 percent.
  • The simple average tariff across all products was 2.37 percent.
  • The trade weighted average tariff was 1.72 .
  • The total duty free imports in thousands of US dollars were 1,708,314,019.86 and duty free tariff line items share was 68.85 percent.

Development Indicators 2008

Key Development Indicators of European Union in 2008 are below

  • European Union GDP in current US dollar was not available.
  • GNI per capita, Atlas method (current US$) was not available .
  • European Union Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2008

Trade Indicators for European Union in 2008 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 European Union Country Growth was not available .