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European Union Trade Summary

2020

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 2020

Overall Exports and Imports for European Union 2020

Exports and imports of European Union in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,174,373 million.
  • The total value of imports (CIF) was 1,935,281 million.
  • At the HS6 digit level, 4,556 products were exported to 210 countries and 4,556 products were imported from 209 countries.

European Union top 5 Export and Import partners 2020

Top five countries to which European Union exported in 2020 are below, along with the percent of total exports that went to that country:

  1. European Union exports to United States worth US$ 394,246 million, with a partner share of 18.13 percent.
  2. European Union exports to United Kingdom worth US$ 286,341 million, with a partner share of 13.17 percent.
  3. European Union exports to China worth US$ 228,726 million, with a partner share of 10.52 percent.
  4. European Union exports to Switzerland worth US$ 162,388 million, with a partner share of 7.47 percent.
  5. European Union exports to Russian Federation worth US$ 89,480 million, with a partner share of 4.12 percent.

Top five countries from which European Union imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. European Union imports from China worth US$ 438,340 million, with a partner share of 22.65 percent.
  2. European Union imports from United States worth US$ 229,838 million, with a partner share of 11.88 percent.
  3. European Union imports from United Kingdom worth US$ 172,482 million, with a partner share of 8.91 percent.
  4. European Union imports from Switzerland worth US$ 125,006 million, with a partner share of 6.46 percent.
  5. European Union imports from Russian Federation worth US$ 98,723 million, with a partner share of 5.10 percent.

European Union Top 5 Productsexports imports at HS 6 digit level 2020

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

  1. European Union exported Other medicaments of mixed or unmixed products, , worth US$ 103,878,421.20 million.
  2. European Union exported Human and animal blood; microbial cultures; tox , worth US$ 62,586,584.42 million.
  3. European Union exported Automobiles with reciprocating piston engine di , worth US$ 56,092,024.14 million.
  4. European Union exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 54,178,547.18 million.
  5. European Union exported Aircraft nes of an unladen weight exceeding 15, , worth US$ 33,370,933.11 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$ 141,527,941.43 million.
  2. European Union imported Transmission apparatus, for radioteleph incorpo , worth US$ 73,896,852.56 million.
  3. European Union imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 43,575,195.03 million.
  4. European Union imported Other medicaments of mixed or unmixed products, , worth US$ 40,904,791.17 million.
  5. European Union imported Parts and accessories of automatic data process , worth US$ 35,590,029.04 million.

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 European Union in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 1.71 percent.
  • The trade weighted average tariff was 1.48 .
  • The total duty free imports in thousands of US dollars were 1,380,027,128.41 and duty free tariff line items share was 63.67 percent.

Development Indicators 2020

Key Development Indicators of European Union in 2020 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 2020

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