Customs duties mean revenue
Customs duties are one of the sources of public finances for the EU and its Member States.
- In 2012 almost € 21.7 billion customs duties were collected of which € 16.3 billion was transferred into the EU budget, representing approximately 12.6% of the revenue of the EU budget.
- The average customs duty rate is approximately 1.2%.
(figures for year 2012; 27 Member States; source: DG Budget and DG Taxation and Customs Union)