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European Union Trade

Latest trade data available from various sources.
European Union monthly trade data
European Union quarterly trade data

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year click here .
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR European Union

Overall Exports and Imports for European Union 2023

  • The total value of exports (FOB) is US$ 2,760,013 million.
  • The total value of imports (CIF) is US$ 2,714,822 million.
  • At the HS6 digit level, 4,533 products are exported to 210 countries and 4,533 products are imported from 209 countries.

Top 5 Products exports imports at HS 6 digit level 2023

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

  • European Union exported Other medicaments of mixed or unmixed products, , worth 121,400,708.93 (US$ Thousands).
  • European Union exported Petroleum oils, etc, (excl. crude); preparation , worth 111,417,428.20 (US$ Thousands).
  • European Union exported Human and animal blood; microbial cultures; tox , worth 71,765,605.52 (US$ Thousands).
  • European Union exported Automobiles nes including gas turbine powered , worth 67,404,938.83 (US$ Thousands).
  • European Union exported Automobiles with reciprocating piston engine di , worth 62,969,102.99 (US$ Thousands).

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

  • European Union imported Petroleum oils and oils obtained from bituminou , worth 296,739,354.38 (US$ Thousands).
  • European Union imported Transmission apparatus, for radioteleph incorpo , worth 86,252,593.25 (US$ Thousands).
  • European Union imported Petroleum oils, etc, (excl. crude); preparation , worth 80,594,754.55 (US$ Thousands).
  • European Union imported Natural gas, liquefied , worth 67,505,061.02 (US$ Thousands).
  • European Union imported Natural gas in gaseous state , worth 64,067,491.31 (US$ Thousands).

European Union top 5 Export and Import partners 2023

The top five countries to which European Union exported 2023 along with the partner share in percentage are:

  1. European Union exports to United States worth US$ 535,853 million, with a partner share of 19.41 percent.
  2. European Union exports to United Kingdom worth US$ 359,882 million, with a partner share of 13.04 percent.
  3. European Union exports to China worth US$ 238,703 million, with a partner share of 8.65 percent.
  4. European Union exports to Switzerland worth US$ 204,374 million, with a partner share of 7.40 percent.
  5. European Union exports to Turkey worth US$ 119,690 million, with a partner share of 4.34 percent.

The top five countries to which European Union imported goods 2023 along with the share in percentage are

  1. European Union imports from China worth US$ 555,331 million, with a partner share of 20.46 percent.
  2. European Union imports from United States worth US$ 366,154 million, with a partner share of 13.49 percent.
  3. European Union imports from United Kingdom worth US$ 193,201 million, with a partner share of 7.12 percent.
  4. European Union imports from Switzerland worth US$ 151,809 million, with a partner share of 5.59 percent.
  5. European Union imports from Turkey worth US$ 102,643 million, with a partner share of 3.78 percent.

European Union 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.


European Union Trade Indicators 2023


Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by European Union in 2023 are below.

  • The maximum rate of tariff in percentage on any product is 339.77.
  • The simple average tariff across all products is 2.11.
  • The trade weighted average tariff is 1.48.
  • The total duty free imports in thousands of US dollars are 1,722,296,026.17 and duty free tariff line items share is 66.75.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.06.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.10.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is 60.
  • No Of NTM Affected Products (HS 6 Digit) is 4,886.

Temporary Trade Barriers Database (TTDB) 2013.

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  • Temporary Trade Barriers in Effect - Simple Average for the year 2013 is 2.98.
  • Temporary Trade Barriers in Effect - Weighted Average for the year 2013 is 1.91.

European Union World Development Indicators (WDI)

Key Development Indicators of European Union in are below

WDI

European Union Doing Business

  • The ease of doing business rank for European Union is not available.
  • The trade across border rank is not available.
Doing Business

European Union Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

European UnionLogistics Performance Index (LPI)

  • The LPI score for European Union in is not available.
  • The LPI rank is not available.
LPI

European Union Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for European Union is not available.
SPRD