International Trade

EU recorded a trade deficit of €11.1 billion in aluminium

EU recorded a trade deficit of €11.1 billion in aluminium

In 2024, the EU imported €29.5 billion worth of aluminium and related articles and exported €18.4 billion, resulting in a trade deficit of €11.1 billion. Compared with 2019, imports of aluminium increased by 29.9% (+€6.8 billion) and ...

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EU exported €77.8 billion worth of iron and steel in 2024

EU exported €77.8 billion worth of iron and steel in 2024

In 2024, the EU exportediron and steel and related articles worth €77.8 billion and imported €73.1 billion, resulting in a trade surplus of €4.7 billion. Compared with 2019, there was a substantial increase in the trade of these ...

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Trade in goods with the United States in 2024

Trade in goods with the United States in 2024

In 2024, the EU exported €531.6 billion in goods to the United States and imported €333.4 billion, resulting in a €198.2 billion trade surplus. Compared with 2023, exports increased by 5.5%, while imports declined by 4.0%. Source ...

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Slight decline in imports and exports from China in 2024

Slight decline in imports and exports from China in 2024

In 2024, the EU exported goods worth €213.3 billion to China and imported €517.8 billion, resulting in a trade deficit of €304.5 billion. China was the EU’s largest trade partner for imports (21.3% of all extra-EU imports) and the ...

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Large enterprises lead the EU services exports

Large enterprises lead the EU services exports

In 2022, most of the services exports from the EU to non-EU countries (56%) were carried out by large enterprises with 250 or more employees. Small enterprises (up to 49 employees) accounted for 14% of exports and medium-sized ...

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Surplus in EU trade in goods for 6 quarters in a row

Surplus in EU trade in goods for 6 quarters in a row

In the final quarter of 2024, the EU exported more goods to non-EU countries than it imported, resulting in a trade surplus of €27.2 billion. This marked the sixth consecutive quarter of a positive trade balance, following a period of ...

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