Schrijf je in voor onze dagelijkse nieuwsbrief om al het laatste nieuws direct per e-mail te ontvangen!

Inschrijven Ik ben al ingeschreven

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Intra-EU Trade decreased by 2.4% in 2023

In 2023, exports of goods from EU countries to other EU countries stood at €4,135 billion, a decrease of 2.4% compared to 2022.

When looking at the long-term evolution by month, exports of goods within the EU showed significant fluctuations during the financial and COVID-19 crises. In particular, during the pandemic crisis, exports dropped dramatically between February 2020 and April 2020, before recovering in the subsequent months and reaching a peak in August 2022. From September 2022 onwards, the exports of goods within the EU started to decrease gradually, standing at €337 billion in December 2023.

Germany: Main Intra-EU trade partner in 2023
In 2023, Germany was ranked as the main trade partner for exports within the EU. For most EU countries, their top 3 partners for intra-EU exports made up more than 50% of the total share of exports of goods.

Photo: Dreamstime.com

More information:
Eurostat
www.ec.europa.eu

Publication date: