intra eu trade statistics
From 2015 to 2019, its exports grew from EUR 311 billion to EUR 397 billion. its trade with the rest of the world. By convention, goods entering the Member State are called arrivals and those leaving the territory are dispatches. Further guidance contains more detailed information on Intrastat. It was also above ten billion euro in Belgium (EUR 29.8 billion), Czechia (EUR 23.5 billion), Ireland (EUR 23.1 billion) and Poland (EUR 19.2 billion). Try the new automatic translation by clicking on the blue icon “Translate” up in the right corner of the article! were placed under the customs procedures for inward processing or … Intra-EU trade fell to €2 843.2 bn in January-December 2020, -7.4% compared with January-December 2019. 2 activity. This article focuses on the most significant goods by value (according to the CPA classification) in intra-EU exports and presents statistics for the EU-27 from 2015 to 2019. This paper aims to analyze the economic dimension and environmental impact of intra-EU value-added generation linked to global value chains (GVCs) through input-output analysis. Although the composition of the EU remained unchanged between 2015 and 2019, exports between EU countries increased by €492 billion, equivalent to a 4.5 % annual growth rate. In 2019, Germany was the largest exporter of food in the EU-27. In 2019, exports of chemicals amounted to EUR 284 billion. The article discusses the contribution of individual Member States to total intra-EU exports for the five most exported product groups. Intrastat is the system for collecting statistics on the movement of goods, not services, between Member States of the EU. France appeared 11 times as a top three partner and. In all Member States the share of manufactured goods was higher than the share of primary goods although there were considerable differences between Member States. Intra-EU trade in goods compared with extra-EU trade in goods In 2019, 17 Member States had a ratio of total exports to total imports between 85 % and 115 % (Table 5). With 13 %, 'Motor vehicles, trailers and semi-trailers' is the only product with a share above 10 %. This page was last modified on 2 April 2020, at 16:00. Four fifths of total exports of goods within the EU in 2019 were manufactured products. The intra-EU exports of the second to fourth most traded products grew less in this period. In the options, you define the registration month for which the report records are generated. There is a wide variation in the value of exports of goods by Member State to partners within the EU (Figure 2a). Its exports of EUR 96 billion were 24.1 % of total EU-27 exports to other Member States. 2 gives the CPA a structure parallel to that of NACE Rev. EU-27 data comes from Eurostat’s COMEXT database. See for example the recent article on Trade in Services. (The latter are goods obtained or produced in the European Union or goods from outside the EU released into Warehouse transfers to EU foreign countries are included in the report for intra-EU trade statistics (dispatches). Additionally, it shows the share these product groups have in each Member States’ total intra-EU exports of goods. Both in the World Trade Organization (WTO), where the rules of international trade are agreed and enforced, and with individual trade partners, EU Member States speak and negotiate collectively. Information on intra-EU trade is collected by the EU Member States using the various media placed at the disposal of the information providers. In 2019, international trade in manufactured goods was more than four times as high as trade in primary goods in the EU. The rest of this article will concentrate on these top five products. When intra data are generated, the data from invoices and pro forma invoices requiring reporting are used. European Business Statistics ” (EBS) – formerly EU-framework regulation on business statistics, called . The standard source of extra-EU trade statistics is the customs declaration. Intra-EU28 trade rose to €3,514.3 billion in January to December 2018, +4.8% compared with January to December 2017. This article is part of an online publication providing recent statistics on international trade in goods, covering information on the EU's main partners, main products traded, specific characteristics of trade as well as background information. Intra-EU trade statistics are compiled using the information extracted from two sources: The first is the Intrastat system in which the providers of statistical information submit detailed monthly returns giving information on arrivals and/or dispatches Intra-Extra-EU Trade Statistics "Intra- and Extra-EU Trade Data” is compiled by Eurostat, the statistical office of the European Union. European statistics are drawn up on the basis of a broadly common methodology and common definitions; the problem of the FOB and CIF valuations generally plays a smaller role in view of the geographical context and the structure of intra-EU trade; given the rules for determining reference periods, time delays should not have such a large impact — at least on annual results; the trade partner for intra-EU imports is always the EU Member State of consignment, not the country of origin of the goods. Intra-EU trade statistics record the movements of goods (dispatches and arrivals) between Portugal and the Member States of the European Union, including natural gas and electricity. Between 2002 and 2019, the share increased for Chemicals (4 pp), Energy (2 pp) and Food & drink (1 pp). The declarations are addressed directly to the competent national administrations. This page has been accessed 114,595 times. Additionally because the 27 EU Member States share a single market and a single external border, they also have a single trade policy. Its exports of EUR 87 billion were 31.5 % of total EU-27 exports to other Member States. EU trade - non seasonally adjusted data bn € Flows … The intra-EU exports of the second to fourth most traded products grew less in this period. In 2019, Germany was the largest exporter of machines in the EU-27. The declarations are addressed directly to the competent national administrations. valid from 1.1.2021 The cornerstones of the single market are the free movement of people, goods, services and capital, known collectively as the ‘four freedoms’, which are included in the EU Treaty. In 16 Member States the trade balance was between plus ten billion euro and minus ten billion euro (Figure 4b). Intra-EU statistics of EU Member States are comparable across countries since: Dutch trade flows are over-estimated because of the so-called ‘Rotterdam effect’ (or quasi-transit trade): that is goods bound for other There was a sharp decrease in the value of exports of goods from September 2008 to May 2009. In 2019, most Member States had a share of intra EU exports between 50 % and 75 %. Together they account for almost half of all exports (47 %). ‘European’ means that the statistics are compiled on the basis of the concepts and definitions set out … In Denmark and Finland this changed to a deficit by 2019. Germany appeared most often( 25 times) as a top three partner. It presents statistics for the EU-27 aggregate and for individual Member States for the period covering 2002 to 2019. The ratio increased in seven Member States. The EU's single or internal market is a market where goods, services, capital and people can circulate freely. the goods are re-exported. Distribution over individual Member States appears on a map of Europe. The general concept of intra-EU trade statistics is independent from the ownership of the goods. European statistics on international trade in goods are compiled according to the EU concepts and definitions and may, therefore, differ from national data published by Member States. Intrastat is considered to be the largest business survey in the EU. The CPA classification consists of 40 products. It has been compiled for the benefit of the Directorate-General for Trade’s (DG Trade’s) policymakers. From an economic perspective, the results point to a strengthening of the … Extra-EU trade statistics do not record goods in transit, goods placed into customs warehouses or goods for temporary admission. For cross-border goods shipments to customers in EU foreign countries, you can enter various data for intra-EU trade statistics in sales documents. These were Italy (14.8 %), Denmark (14.1 %), Germany (12.4 %), Austria (11.5 %), Czechia (11.0 %) and Finland (10.5 %). Intra-EU trade statistics (incoming): Sales | Intra-EU Trade Statistics | Generate Intra Data (Shipment) menu item in the program selection The report records of one registration month are generated. to the amount which would be invoiced in case of sale or purchase at the national border of the reporting country. For the 19 Eurozone countries in a bare majority, 10 of 19, intra-EU import trade grew faster than extra-EU import trade. The detailed data underlying these figures can be found in the excel file attached to this article. Between 2015 and 2019 the five most exported types of goods were Motor vehicles, trailers and semi-trailers, Chemicals and chemical products, Machinery and equipment n.e.c., Computer, electronic and optical products and Food products. International trade in goods statistics (ITGS) published by Eurostat measure the value and quantity of goods traded between the EU Member States (intra-EU trade) and goods traded by the EU Member States with non-EU countries (extra-EU trade). Comparing Table 3 and Table 4, there were nine Member States (Bulgaria, Greece, Spain, Croatia, Cyprus, Luxembourg, Malta, Portugal, Romania) with a trade deficit in both intra and extra EU trade. If parts are transferred back from EU foreign countries to EU countries (storage area of the company), these warehouse transfers are included in the report for intra-EU trade statistics (receipt). Intra-EU trade charges VAT differently than if you were to trade domestically within your country. The EU28 reported a record €139.7 billion trade surplus with the U.S. in 2018 (up 16.8% from €119.6 billion in 2017). Why is Intrastat reporting needed? Classification of products by activity (CPA) is a statistical classification of products and services obligatory for all EU Member States. There were five Member States where the share of chemicals in their total exports within the EU-27 was above 10 %. The largest increases were in Malta (59 pp), Romania (57 pp) and Bulgaria (34 pp). The most exported product within the EU was cars. This page has been accessed 32,429 times. The region of origin is determined from the respective part master files record and adopted into the report record. For exports, the partner country is the country identified at the time of export as the final destination of the goods. Table 4 considers the trade relationship of individual Member States with non-EU partners to add further context to the interpretation of Intra-EU trade in goods balances. This in turn increases the intra-EU flows from the Netherlands to those Member States to which It shows the ratio of 'goods exports divided by goods imports' by Member State for trade with non-EU partners. In particular their trade in goods balances must be interpreted with caution for the phenomenon of Quasi-transit. Finally, there were three Member States (Germany, Ireland, Italy) with a trade surplus in both tables. Latest monthly trade figures for EU and Euro area with Extra-EU Intra-EU trade statistics (arrivals). Statistics on trade in goods, trade in services and foreign direct investment are key elements in any description of the trade performance of the EU with the rest of the world. The most exported product within the EU was cars. On the data front, Germany's industrial orders is scheduled to release at 06:00 GMT, followed by France current account, trade balance, imports, exports at 06:45, then EU … Try the new automatic translation by clicking on the blue icon “Translate” up in the right corner of the article! The analysis in this section looks at intra-EU exports by individual EU Member State for the five most traded products identified above. The deficit was highest in France (EUR 111.9 billion). Its ratio of 70.0 was higher than that of Latvia (68.9), Luxembourg (65.8), Greece (62.5), Croatia (52.5), Malta (43.2) and Cyprus (25.9) which all had a lower deficit in absolute terms than France. There were six Member States where the share of cars in their total exports within the EU-27 was above 20 %. What is Intrastat? Entering intra data in sales documents. ComExt, published by Eurostat, is based on data provided by the statistical agencies of the EU member states and trading partners. Italy appeared 10 times. (machines), Computer, electronic and optical products (computers) and Food products (food). Intra-EU trade in goods compared with extra-EU trade in goods In 2019, 17 Member States had a ratio of total exports to total imports between 85 % and 115 % (Table 5). Statistics on goods traded between the EU and the world — especially the size and evolution of exports — enable the EU and national authorities to evaluate the health and competitiveness of EU industries. Among the 24 products, 16 recorded their highest exports in 2019. This article takes a close look at recent trends, focusing on total intra-EU trade in goods and the most traded products. Data sources: The statistical information is mainly provided by the traders on the basis of Customs (extra-EU) and Intrastat (intra-EU) declarations. The ComExt Intra- and Extra-European trade database provides statistics on merchandise trade among European Union member states, and between member states and global partners. These were Ireland (28.2 %), Belgium (19.6 %), the Netherlands (11.1 %), Lithuania (10.8 %) and France (10.7 %). It can be difficult to interpret figures in absolute terms for individual Member States. One would have expected the opposite result, faster growth of intra-imports for the euro group, not the non-euro group. The trade value of each trader, by product code and partner country, is combined with the main enterprise characteristics (economic activity and number of employees) retrieved from the business registers. These were Slovakia (29.3 %), Hungary (23.7 %), Romania (23.3 %), Slovenia (23.3 %), Czechia (21.6 %) and Spain (20.4 %). All measures capable of hindering directly or indirectly such imports are considered to be quantitative restrictions. The 5 most significant products in intra-EU trade, Intra-EU trade of the most traded goods by Member State, Intra-EU trade of most exported goods (Excel file), International trade in goods - detailed data, Traditional international trade database access (ComExt), International trade in goods statistics - background, User guide on European statistics on international trade in goods, Summaries of EU Legislation: Extrastat: statistics relating to trade with non-EU countries, European Commission — Single market for goods, https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Intra-EU_-_most_traded_goods&oldid=476413, Motor vehicles, trailers and semi-trailers, Computer, electronic and optical products, Source: Eurostat (online data code: Comext data code : DS-057009). The linkage to activities as defined by NACE Rev. Eight Member States (Latvia, Romania, Portugal, Luxembourg, Croatia, Greece, Malta and Cyprus) had a ratio of less than 85 %, while two Member States (Ireland and Germany) had a ratio of more than 115 %. If your UK business purchases products from Germany, or another EU country, this is an intra-EU transaction in which reverse charge VAT will apply. Eight Member States (Latvia, Romania, Portugal, Luxembourg, Croatia, Greece, Malta and Cyprus) had a ratio of less than 85 %, while two Member States (Ireland and Germany) had a ratio of more than 115 %. Statistical Office statistical data on their intra-Community trade which is not subject to customs declaration (typically using the ATLAS IT customs clearance system) for customs or tax purposes. Basing on the harmonized trade statistics of the EU member states, this unique source presents full access to the European Union’s trade figures. To a lesser extent, Belgian figures are similarly overestimated. In Italy, Poland and Slovenia this had changed to a surplus by 2019. 2. Intra-EU exports of food stood at EUR 212 billion in 2019 with the gap to the other products increasing between 2015 and 2019. This applies to trade in Union goods. COMEXT is the Eurostat reference database for international trade in goods. Articles 34 to 36 of the Treaty of the functioning of the European Union prohibit quantitative restrictions on imports, exports or goods in transit and all similar restrictive measures between member countries. The top five product groups are Motor vehicles, trailers and semi-trailers (cars), Chemicals and chemical products (chemicals), Machinery and equipment n.e.c. These may be paper or electronic declarations provided for at national level. These include that on subject matter level two new variables It was followed by machines with EUR 275 billion and computers with EUR 269 billion. Information on intra-EU trade is collected by the EU Member States using the various media placed at the disposal of the information providers. 2. FRIBS (Framework Regulation Integrating Business Statistics) – as of 2022 changes in INTRASTAT-compilations will arise for parties responsible to provide INTRASTAT-declarations. It provides access not only to both recent and historical data from the EU Member States but also to statistics of a significant number of non-EU countries. File:Intra and extra EU-27 external trade, 2007 (% share of total trade).PNG France, which had the highest trade deficit in absolute terms, ranked 21st for its ratio of exports to imports. International trade aggregated and detailed statistics disseminated from Eurostat website are compiled from COMEXT data according to a monthly process. All measures capable of hindering directly or indirectly such imports are considered to be quantitative restrictions.Additionally, because the 27 Member States of the European Union share a single market and a single external border, they also have a single trade policy. Eight Member States (Latvia, Romania, Portugal, Luxembourg, Croatia, Greece, Malta and Cyprus) had a ratiooflessthan85%,whiletwoMemberStates(IrelandandGermany)hadaratioofmorethan115%. Trade values are expressed in billions (109) or millions (106) of euros. European statistics on international trade in goods are compiled according to the EU concepts and definitions and may, therefore, differ from national data published by Member States. It remained more or less stable for Raw materials and Other goods. The importance of the EU’s internal market is underlined by the fact that the proportion of intra-EU trade in goods is higher than extra-EU trade in goods in most EU Member States with few exceptions. 2 at all levels distinguished by NACE Rev. There were seven Member States (Belgium, Czechia, Hungary, Netherlands, Poland, Slovenia, Slovakia) with a deficit in intra EU trade, but a surplus in extra EU trade. In 2015 it was estimated that there were around 3.7 million European businesses involved in trade in goods between the Member States, out of which only about 13.1 % – around 485 000 – were liable to Intrastat reporting. This page was last modified on 10 September 2020, at 10:09. It concerns only their physical movement. The composition of total exports of goods in 2019 in the 24 CPA groups mentioned in Table 1, is presented in Figure 1. There were six Member States where the share of machines in their total exports within the EU-27 was above 10 %. Its exports of EUR 62 billion were 21.7 % of total EU-27 exports to other Member States. It provides access not only to both recent and historical data from the EU Member States but also to statistics of a significant number of non-EU countries. There were nine Member States whose exports of goods to partners in the EU were over EUR 100 billion in 2019, accounting for 80.8 % of the total value of intra-EU exports of goods. The seasonally adjusted value of monthly total exports of goods for EU-27 Member States to other Member States is shown in Figure 1. Revision as of 10:09, 10 September 2020 by, Evolution of intra-EU trade in goods: 2003-2019, Intra-EU trade in goods compared with extra-EU trade in goods, Intra-EU trade in goods by main product groups, Intra-EU trade in goods - tables and graphs (Excel file), The EU in the world - international trade, International trade in goods statistics - background, User guide on European statistics on international trade in goods, Summaries of EU Legislation: Intrastat: statistics relating to the trading of goods between EU countries, Did you know? Both in the World Trade Organization, where the rules of international trade are agreed and enforced, and with individual trading partners, EU Member States speak and negotiate collectively. In Czechia (10.3) and Slovakia (10.0) the share of manufactured goods was more than ten times as high as the share of primary goods, while ratios below two were found in Estonia (1.4), Lithuania (1.7) and Latvia (1.8). Although the composition of the EU remained unchanged between 2015 and 2019. Basic data are sourced from ESTAT's COMEXT system, which implies a typical delay of 2 months for data quality assurance and consolidation. These may be paper or electronic declarations provided for at national level. When considering the trade relationships between a country and its trading partners, consideration must also be given to trade in services to get a more complete picture. (see Figure 2). The CPA is a product classification whose elements are related to activities as defined by NACE Rev. The 5 most significant products in intra-EU trade. These were the Netherlands (18.6 %), Czechia (17.3 %), Slovakia (15.1 %), Hungary (14.4 %), Luxembourg (13.3 %) and Malta (12.8 %). Among the non-euro countries in 7 of 9 intra-EU imports grew faster. In 2019, Germany was the largest exporter of cars in the EU-27. Showing below up to 100 results starting with #1.; Page title matches. You select the tax territory for which you want to create the report … Between 2015 and 2019, intra-EU exports in the five most exported types of goods increased by €256 billion, equivalent to a 5.0 % annual growth rate. Between 2015 and 2019, the 5 most exported types of goods between EU countries were Motor vehicles, trailers and semi-trailers, Chemicals and chemical products, Machinery and equipment n.e.c., Computer, electronic and optical products and Food products. It is called a FOB value (free on board) for exports and a CIF value (cost, insurance, freight) for imports. The variation in the proportion of total trade in goods accounted for by intra-EU trade reflects to some degree historical ties and geographical location. For almost all operations (except for some specific movements) the goods must physically move between the … (Applies to intra-EU trade statistics … ‘ Goods ’ means all movable property including electricity. International trade aggregated and detailed statistics disseminated from Eurostat website are compiled from COMEXT data according to a monthly process. Some funny and curious facts about trade of the EU, European Commission - Single market for goods, https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Intra-EU_trade_in_goods_-_main_features&oldid=497260, Source: Eurostat (online data code: DS-018995 ). Statistics Austria Federal Institute under Public Law Guglgasse 13, A-1110 Vienna, Telefon: +43 (01) 711 280, Fax: +43 (01) 711 28- 8001- INTRA EU TRADE STATISTICS. It was established in 1993, following the setting up of the European Union single market and the abolition of customs control at internal borders. In theory, as intra-EU exports of goods are declared FOB-type value and intra-EU imports of goods CIF-type value, the value of intra-EU imports of goods should be slightly higher than that of intra-EU exports of goods. The Netherlands, which had the highest trade surplus in absolute terms, also had the highest ratio of exports to imports (180.3), in 2019 (Table 3). The compilation of trade flows by enterprise characteristics is based on linking micro-data on intra- and extra-EU trade with structural information from business registers. Statistics on international trade in goods between Member States of the European Union (EU)- especially the size and evolution of imports and exports - enable the EU and national authorities to evaluate the growth of the Single Market and the integration of EU economies.