Among the main trading partners, the highest average annual growth rate was recorded for imports from Turkey (5.2 %) and China (4.6 %), see Figure 11. The UK had a trade surplus of £49 billion with non-EU countries. Businesses may use international trade data to carry out market research and define their commercial strategy. It considers the EU’s share in world import and export markets, intra-EU trade (trade between EU Member States), the EU’s main trading partners, and the EU’s most widely traded product categories. The highest growth rate for exports was reported for chemicals with an increase of 25.2 %. These could not be offset by the large trade deficit for energy (EUR -158.8 billion) and the smaller deficits for raw materials and other manufactured goods. In a global market with (mostly) free trade, it’s common to see economies that are very specialized, each producing specific goods based on the competitive advantages, incentives, and resources they have available. TIBCO Jaspersoft: Intra-EU exports. The WTO sets the global rules for trade, provides a forum for trade negotiations, and for settling disputes between members. This was balanced by lower import shares for machinery & vehicles and chemicals compared to exports. This page in: English; Español; Français; العربية; 中文; Exports of goods and services (% of GDP) Close. Intra-EU exports by main partner/reporting country. With over one fifth (22.4 %) of all imports, China was the largest supplier of goods into the EU in 2020. As COMEXT is updated on a daily basis, data published on the website may differ from the data found in COMEXT (in case of recent revisions). The United States (11.8 %) and the United Kingdom (9.8 %) followed at some distance. Germany Import Prices Rise the Most Since 2011. This article is part of an online publication providing recent statistics on international trade in goods, covering information on the EU's main partners, main products traded, specific characteristics of trade as well as background information. … Aggregated and detailed statistics for international trade in goods as disseminated through Eurostat's website are compiled from COMEXT each month. The United States remained the most common destination for goods exported from the EU in 2020 (see Figure 12) with a share of 18.3 %. The EU has a common trade policy, whereby the European Commission negotiates trade agreements and represents the EU’s interests on behalf of its 27 Member States. For example, the UK exports … On the export side, between 2010 and 2020 imports of goods from China (6.8 %), South Korea (5.9 %) and the United States (5.7 %) had the highest average annual growth rate. Cameroon. PDF Detailed view PDF Overview. Statistics are published for each declaring country with respect to each partner country, for several product classifications. The UK has been the largest recipient of Covid-19 vaccine doses by the EU as the country received 9.1 million doses by March 12 and around 10.9 million doses by March 24. Data for the non-EU major traders used in Figures 1 to 5 are taken from the UNCTAD database of the United Nations. Canada. How ITC works. The number of exports to Canada had doubled from 3.3 million doses to 6.6. million. Accessing world markets – SME Internationalisation Portal. PDF Detailed view PDF Overview. Prior to bringing goods onto the EU market, you must ensure that your products meet the EU requirements to From 30 January, the EU introduced a rule meaning vaccine manufacturers who have agreed to deliver a certain number of vaccines to EU countries have to get any other proposed exports (going outside of the EU) authorised. Our role in the UN and WTO; Management; ITC structure; Development results; Evaluation; Joint Advisory Group; Consultative Committee of the ITC Trust Fund; Areas of work. 4) of the United Nations (UN); this allows a comparison of international trade statistics to be made on a worldwide basis. The seven largest destination markets for EU exports of goods — the United States, the United Kingdom, China, Switzerland, Russia, Turkey and Japan — accounted for more than three fifths (61.0 %) of all EU exports of goods. The UK is the EU’s largest single export market in goods, if you treat the UK as if it were outside the EU. In extra-EU trade statistics, the data shown for the EU treat this entity as a single trading block. DataBank Microdata Data Catalog. The United Kingdom was the second largest destination for EU exports (14.4 % of the EU total), followed by China (10.5 %). Mapping the Top Export of Every Country. The European Commission negotiates with its WTO partners and participated in the latest round of WTO multilateral trade negotiations, known as the Doha Development Agenda (DDA). Export Extra-EU exports by main partner country The EU market overview Data Studies and reports Data. Die Statistik zeigt den Wert des Exports von Gütern aus der Europäischen Union (EU-27) und der Euro-Zone von 2010 bis 2020. This decrease was partly due to falling prices of energy products. Globally, multilateral trade issues are dealt with under the auspices of the World Trade Organisation (WTO). Export von Gütern aus EU und Euro-Zone bis 2020. In 2020, the trade of the European Union with its 27 Member States (EU) was hit hard by the COVID-19 pandemic, with a significant fall observed for both exports (-9.4%) and imports ( -11.6%) (see Figure 6). Services accounted for 42% of the UK’s exports to the EU in 2019. In December 2020 exports were 2 % higher than in December 2019, while imports still trailed by 3 %. Germany Exports By Country Value Year; United States: $119.52B 2020 China: $110.34B 2020 France: $103.83B 2020 ... European Stocks Tread Water. The imports growth rates peaked in 2011, followed by small fluctuations between 2012 and 2015, before growing significantly in 2017 and 2018, and closing the decade with a sharp decrease. Only China (16.2 %) had a higher share while the United States (10.6 %) followed at some distance. Looking at the trend over time, after recording a small deficit in 2011, the EU trade balance recorded a continuous surplus that peaked at EUR 264 billion in 2016. The EU, China and the United States have been the three largest global players for international trade (see Figure 1) since 2004 when China passed Japan. Considering exports, double digit decreases between 2019 and 2020 were registered for Cyprus (-27 %), Malta (-19 %), Luxembourg (-17 %), Finland and France (both -13 %). The development of trade can be an opportunity for economic growth. The map above shows the flag of each country’s number one export partner. The most notable difference is in the share of energy which was almost four times as high for imports as for exports. In 2019, the total level of trade in goods (exports and imports) recorded for the EU was EUR 4 071 billion (note this does not include intra-EU trade), which was EUR 23 billion lower than the value for China and EUR 308 billion above the level recorded for the United States; Japan had the fourth highest level of trade in goods, at EUR 1 274 billion. The statistical values of extra- and intra-EU trade are recorded at their free-on-board (FOB) value for exports and their cost, insurance and freight (CIF) value for imports. Turkey's exports were up by 33.1% to $68.75 billion in the … UK goods exports to the EU were worth £145 billion in 2016, or 7.4% of GDP. Volume of lemon exports in Spain 2018, by EU country; Fruiting vegetable export share to EU countries from the Netherlands 2015, by product German Inflation Rate Hits 2-Year High in April. International trade in goods - Exports 2001-2019. Trade in goods between EU Member States (intra-EU trade) was valued — in terms of exports — at EUR 2 843 billion in 2020. The three largest global players for international trade: EU, China and the USA, EU trade in 2020 strongly impacted by the COVID-19 pandemic, Highest share for intra-EU trade in goods in Luxembourg and Slovakia, Strong increase in trade in goods with China in 2010-2020, Large trade surplus for machinery & vehicles and chemicals, International trade in goods: tables and figures, standard international trade classification (SITC Rev. Motor vehicles and parts is the largest product group by value of exports: the UK exported £18 billion of motor vehicles (and trailers) to the EU in 2016. Almost half (48%) of UK goods exports went to the EU in 2016. All countries in the EU have committed to the Kyoto Protocol, ... Reasons for this growth include government commitments to stable monetary policy, export-oriented trade policies, low flat-tax rates and the utilisation of relatively cheap labour. The Netherlands (14 %) was the only other Member State to contribute more than one tenth of intra-EU exports, again a consequence of the Rotterdam effect, while France (12 %) was the only other Member State to account for more than one tenth of intra-EU imports. Exporting to the EU. Export management ; Researching export markets ... Countries / Territories Home; About ITC. falling from 42.6 % in 2015 to 39.3 % in 2020. In 2019, the ratio of exports to imports (the cover ratio) was particularly high in favour of exports for Russia and China (see Figure 2), which in absolute terms also had the largest annual trade surpluses. German Jobless Unexpectedly Rises in April . In the following months both exports and imports were consistently lower than in the same months in 2019.
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