Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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European Union | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of merchandise exports from European Union totalled $ 2.76 trillion in 2023. Merchandise exports from European Union increased by 10.2% compared to 2022. Goods exports grew up by $ 256 billion in 2023 (the value of merchandise exports from European Union amounted to $2.5 trillion in 2022)

European Union's exports 2023 by country

Top export destinations of commodities from European Union in 2023:

  • USA with a share of 19.4% (535 billion US$)
  • United Kingdom with a share of 13% (359 billion US$)
  • China with a share of 8.64% (238 billion US$)
  • Switzerland with a share of 7.4% (204 billion US$)
  • Turkey with a share of 4.33% (119 billion US$)
  • Japan with a share of 2.45% (67 billion US$)
  • Norway with a share of 2.34% (64 billion US$)
  • Korea with a share of 2.21% (61 billion US$)
  • Mexico with a share of 2.06% (56 billion US$)
  • India with a share of 1.87% (51 billion US$)

Exports structure from European Union in 2023 represented by the following main commodity groups:

  • 15.8% (437 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 11.3% (312 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 10.2% (283 billion US$): 30 - Pharmaceutical products
  • 8.77% (242 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 5.57% (153 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 4.9% (135 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.82% (78 billion US$): 39 - Plastics and articles thereof
  • 2.72% (75 billion US$): 29 - Organic chemicals
  • 2.58% (71 billion US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.02% (55 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin

What did European Union export in 2023?

European Union's Top Exports in 2023:

  • 6.93% ($191 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 5.87% ($162 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 4.03% ($111 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 3.93% ($108 billion): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc
  • 2.19% ($60 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 1.9% ($52 billion): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 1.44% ($39 billion): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 1.34% ($37 billion): 9018 - Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments
  • 1.06% ($29 billion): 8542 - Electronic integrated circuits and microassemblies

The value of merchandise imports to European Union totalled $ 2.71 trillion in 2023. Overall commodity imports to European Union decreased by 10.3% compared to 2022. Merchandise imports decreased by $ 312 billion (the value of merchandise imports to European Union was equal to $3.02 trillion in 2022)

European Union's imports 2023 by country

Top trading partners (import sources) of European Union in 2023:

  • China with a share of 20% (555 billion US$)
  • USA with a share of 13.4% (366 billion US$)
  • United Kingdom with a share of 7.11% (193 billion US$)
  • Switzerland with a share of 5.59% (151 billion US$)
  • Turkey with a share of 3.78% (102 billion US$)
  • Norway with a share of 3.65% (99 billion US$)
  • Korea with a share of 2.89% (78 billion US$)
  • Japan with a share of 2.78% (75 billion US$)
  • India with a share of 2.57% (70 billion US$)
  • Special Categories with a share of 2% (54 billion US$)

Imports structure to European Union in 2023 represented by the following main commodity groups:

  • 21% (596 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 14% (382 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 10.7% (290 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.58% (151 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.16% (113 billion US$): 30 - Pharmaceutical products
  • 3.76% (102 billion US$): 29 - Organic chemicals
  • 3.51% (95 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.3% (62 billion US$): 39 - Plastics and articles thereof
  • 1.75% (47 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 1.68% (45 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted

What did European Union import in 2023?

European Union's Top Imports in 2023:

  • 10.9% ($296 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 5.19% ($141 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 3.13% ($85 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 3.11% ($84 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 2.96% ($80 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.33% ($63 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 2.07% ($56 billion): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc
  • 1.81% ($49 billion): 8542 - Electronic integrated circuits and microassemblies
  • 1.79% ($48 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale

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European Union | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023