Statistics Explained

Archive:Extra-EU trade in goods

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Data from August 2009, most recent data: 2008 Further Eurostat information, Main tables and Database.
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This page contains an overwiew of the latest trend in the external trade of the EU

Main statistical findings

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Between 2000 and 2008, EU imports were consistently higher than exports, due mainly to an increasing trade deficit in the energy sector. In 2008, the total EU-27 trade deficit reached a record level of EUR 242.1 billion. The United States was by far the most important trading partner for EU-27 exports in 2008, in spite of a slight fall compared to the previous year. Russia recorded a growth rate of 18% for 2007-2008 and overtook Switzerland to become the second largest trading partner for EU-27 exports. China was the most important trading partner for imports to EU-27. Together, China, the United States and Russia accounted for 39% of imports from outside EU-27 in 2008. Germany remained the largest contributor to EU-27 external trade among the Member States, with more than one fifth of total extra EU-27 trade. Imports of machinery and transport equipment, as well as of other manufactured products, decreased during 2007-2008. Still, these product groups accounted for half the imports from outside EU-27. Petroleum products were by far the most traded product group during 2008, with values of trade boosted by increasing prices. Cars and electrical machinery followed.

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Context

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Further Eurostat information

Publications

Main tables

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Database

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Dedicated section

Other information

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For other documents such as Commission Proposals or Reports, see EUR-Lex search by natural number


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See also

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Notes

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