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European Union Trade Summary

2016

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 2016

Overall Exports and Imports for European Union 2016

Exports and imports of European Union in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,930,053 million.
  • The total value of imports (CIF) was 1,886,842 million.
  • At the HS6 digit level, 4,579 products were exported to 209 countries and 4,579 products were imported from 208 countries.

European Union top 5 Export and Import partners 2016

Top five countries to which European Union exported in 2016 are below, along with the percent of total exports that went to that country:

  1. European Union exports to United States worth US$ 399,565 million, with a partner share of 20.70 percent.
  2. European Union exports to China worth US$ 186,458 million, with a partner share of 9.66 percent.
  3. European Union exports to Switzerland worth US$ 157,710 million, with a partner share of 8.17 percent.
  4. European Union exports to Turkey worth US$ 85,590 million, with a partner share of 4.43 percent.
  5. European Union exports to Russian Federation worth US$ 79,477 million, with a partner share of 4.12 percent.

Top five countries from which European Union imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. European Union imports from China worth US$ 389,093 million, with a partner share of 20.62 percent.
  2. European Union imports from United States worth US$ 273,504 million, with a partner share of 14.50 percent.
  3. European Union imports from Switzerland worth US$ 135,220 million, with a partner share of 7.17 percent.
  4. European Union imports from Russian Federation worth US$ 118,803 million, with a partner share of 6.30 percent.
  5. European Union imports from Turkey worth US$ 73,517 million, with a partner share of 3.90 percent.

European Union Top 5 Productsexports imports at HS 6 digit level 2016

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

  1. European Union exported Automobiles with reciprocating piston engine di , worth 76,270,406.65 (US$ Thousands).
  2. European Union exported Other medicaments of mixed or unmixed products, , worth 74,017,008.90 (US$ Thousands).
  3. European Union exported Petroleum oils, etc, (excl. crude); preparation , worth 61,267,757.57 (US$ Thousands).
  4. European Union exported Aircraft nes of an unladen weight exceeding 15, , worth 55,199,337.53 (US$ Thousands).
  5. European Union exported Antisera and other blood fractions , worth 23,325,317.10 (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 160,479,343.61 (US$ Thousands).
  2. European Union imported Gold in oth semi-manufactured forms,non-monetar , worth 59,230,713.85 (US$ Thousands).
  3. European Union imported Petroleum oils, etc, (excl. crude); preparation , worth 53,163,512.23 (US$ Thousands).
  4. European Union imported Transmission apparatus, for radioteleph incorpo , worth 44,606,687.88 (US$ Thousands).
  5. European Union imported Other medicaments of mixed or unmixed products, , worth 32,824,539.28 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by European Union in 2016 are below

  • The maximum rate of tariff in percentage on any product was 340.25 percent.
  • The simple average tariff across all products was 2.48 percent.
  • The trade weighted average tariff was 2.09 .
  • The total duty free imports in thousands of US dollars were 1,272,948,939.87 and duty free tariff line items share was 63.59 percent.

Development Indicators 2016

Key Development Indicators of European Union in 2016 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 2016

Trade Indicators for European Union in 2016 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 .