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European Union Trade Summary

2014

European Union exports, imports, tariff by year.
European Union monthly trade data
European Union quarterly trade data

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 2014

Overall Exports and Imports for European Union 2014

Exports and imports of European Union in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,261,181 million.
  • The total value of imports (CIF) was 2,241,050 million.
  • At the HS6 digit level, 4,579 products were exported to 209 countries and 4,580 products were imported from 209 countries.

European Union top 5 Export and Import partners 2014

Top five countries to which European Union exported in 2014 are below, along with the percent of total exports that went to that country:

  1. European Union exports to United States worth US$ 409,478 million, with a partner share of 18.11 percent.
  2. European Union exports to China worth US$ 217,375 million, with a partner share of 9.61 percent.
  3. European Union exports to Switzerland worth US$ 186,405 million, with a partner share of 8.24 percent.
  4. European Union exports to Russian Federation worth US$ 136,229 million, with a partner share of 6.02 percent.
  5. European Union exports to Turkey worth US$ 98,405 million, with a partner share of 4.35 percent.

Top five countries from which European Union imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. European Union imports from China worth US$ 400,839 million, with a partner share of 17.89 percent.
  2. European Union imports from United States worth US$ 274,682 million, with a partner share of 12.26 percent.
  3. European Union imports from Russian Federation worth US$ 222,238 million, with a partner share of 9.92 percent.
  4. European Union imports from Switzerland worth US$ 129,231 million, with a partner share of 5.77 percent.
  5. European Union imports from Norway worth US$ 95,177 million, with a partner share of 4.25 percent.

European Union Top 5 Productsexports imports at HS 6 digit level 2014

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 111,291,822.00 (US$ Thousands).
  2. European Union exported Other medicaments of mixed or unmixed products, , worth 77,157,883.98 (US$ Thousands).
  3. European Union exported Automobiles with reciprocating piston engine di , worth 75,966,297.57 (US$ Thousands).
  4. European Union exported Aircraft nes of an unladen weight exceeding 15, , worth 47,142,696.59 (US$ Thousands).
  5. European Union exported Automobiles with reciprocating piston engine di , worth 34,903,236.41 (US$ Thousands).

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 358,505,409.65 (US$ Thousands).
  2. European Union imported Petroleum oils, etc, (excl. crude); preparation , worth 102,295,258.28 (US$ Thousands).
  3. European Union imported Natural gas in gaseous state , worth 43,232,385.69 (US$ Thousands).
  4. European Union imported Transmission apparatus, for radioteleph incorpo , worth 38,192,095.62 (US$ Thousands).
  5. European Union imported Other medicaments of mixed or unmixed products, , worth 37,174,613.88 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by European Union in 2014 are below

  • The maximum rate of tariff in percentage on any product was 361.96 percent.
  • The simple average tariff across all products was 2.76 percent.
  • The trade weighted average tariff was 2.03 .
  • The total duty free imports in thousands of US dollars were 1,480,236,105.60 and duty free tariff line items share was 58.25 percent.

Development Indicators 2014

Key Development Indicators of European Union in 2014 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 2014

Trade Indicators for European Union in 2014 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 .