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). By convention, goods entering the Member State are called arrivals and those leaving the territory are dispatches. 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. The seasonally adjusted value of monthly total exports of goods for EU-27 Member States to other Member States is shown in Figure 1. The largest increases were in Malta (59 pp), Romania (57 pp) and Bulgaria (34 pp). Estonia joined it on 1 May 2004. There is a wide variation in the value of exports of goods by Member State to partners within the EU (Figure 2a). 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. This in turn increases the intra-EU flows from the Netherlands to those Member States to which The report is based on the data of the shipping document with which the parts have been transferred. From 2015 to 2019, its exports grew from EUR 311 billion to EUR 397 billion. However, the provision of services is not covered in these statistics. 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. In the options, you define the registration month for which the report records are generated. Intra-EU trade statistics record the movement of goods between Member States. In 2019, Germany was the largest exporter of cars in the EU-27. These statistics also provide EU businesses with essential information for their sales and marketing policies. Entering intra data in sales documents. 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. There were six Member States where the share of machines in their total exports within the EU-27 was above 10 %. Since the introduction of the Intrastat data collection system for intra-EU trade in goods on 1 January 1993, the value of intra-EU exports of goods has been consistently higher than that of intra-EU imports of goods. 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 detailed data underlying these figures can be found in the excel file attached to this article. They correspond to the statistical value, i.e. Additionally, it shows the share these product groups have in each Member States’ total intra-EU exports of goods. France appeared 11 times as a top three partner and. Data sources: The statistical information is mainly provided by the traders on the basis of Customs (extra-EU) and Intrastat (intra-EU) declarations. The rest of this article will concentrate on these top five products. There were three Member States where the share of food in their total exports within the EU-27 was above 10 %.These were Denmark (13.2 %), Greece (12.9 %) and Lithuania (12.8 %). Intra-EU trade statistics (arrivals). EU-27 data comes from Eurostat’s COMEXT database. Trade values are expressed in billions (109) or millions (106) of euros. to the amount which would be invoiced in case of sale or purchase at the national border of the reporting country. The deficit was highest in France (EUR 111.9 billion). Intra-EU28 trade rose to €3,514.3 billion in January to December 2018, +4.8% compared with January to December 2017. Only in Ireland (37 %) and Cyprus (41 %) was the share of intra EU exports lower than 50 % and extra EU exports were higher than intra EU exports. ComExt, published by Eurostat, is based on data provided by the statistical agencies of the EU member states and trading partners. In 2019 this ratio was highest in Ireland (174.3), Denmark (162.0) and Germany (155.1) and lowest in Greece (59.2), Cyprus (54.9) and Malta (41.8). There was a sharp decrease in the value of exports of goods from September 2008 to May 2009. Information on intra-EU trade is collected by the EU Member States using the various media placed at the disposal of the information providers. (see Figure 2). It was followed by machines with EUR 275 billion and computers with EUR 269 billion. The European internal market, also referred to as the Single Market, allows people and businesses to move and trade freely across the 27-nation group. Figure 6 shows the share in intra EU exports of goods by product type. The linkage to activities as defined by NACE Rev. These include that on subject matter level two new variables Classification of products by activity (CPA) is a statistical classification of products and services obligatory for all EU Member States. Germany recorded the largest value of services exports to other EU Member States (EUR 124 billion or 14 %), followed by the Netherlands (EUR 111 billion or 12 %) and France (EUR 110 billion or 12 %). 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. Although the composition of the EU remained unchanged between 2015 and 2019. 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 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. Figure 4 presents the analysis of trade in services between EU Member States (intra-EU trade) - rather than with non-member countries. For the 19 Eurozone countries in a bare majority, 10 of 19, intra-EU import trade grew faster than extra-EU import trade. 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. Because COMEXT is updated on a daily basis, data published on the website may differ from data stored in COMEXT in case of recent revisions. Following this decline the value of exports of goods began to increase again. Between March 2011 and May 2014, and again between June 2018 and January 2020, exports were relatively stable. For intra-EU trade, the source is any VAT-registered business that trades goods with other Member States. In Denmark and Finland this changed to a deficit by 2019. For this purpose, information has been collected from TiVA (Trade in Value Added, OECD) and Eora databases for the years 2005 and 2015. 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. The largest decreases were in Slovakia (-315 pp), Estonia (-116 pp) and Hungary (-54 pp). 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. 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. Intrastat, abbreviation for Intra-EU trade statistics serve to record the movement of goods between the member states of the EU. 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). 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. Further guidance contains more detailed information on Intrastat. Its exports of EUR 40 billion were 19.3 % of total EU-27 exports to other EU-27 Member States. These were Slovakia (29.3 %), Hungary (23.7 %), Romania (23.3 %), Slovenia (23.3 %), Czechia (21.6 %) and Spain (20.4 %). 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. 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 2019, 17 Member States had a ratio of total exports to total imports between 85 % and 115 % (Table 5). When intra data are generated, the data from invoices and pro forma invoices requiring reporting are used. For exports, the partner country is the country identified at the time of export as the final destination of the goods. In 2019, international trade in manufactured goods was more than four times as high as trade in primary goods in the EU. 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. This page was last modified on 10 September 2020, at 10:09. 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. The standard source of extra-EU trade statistics is the customs declaration. Extra-EU trade statistics do not recordÂ goods in transit, goods placedÂ intoÂ customs warehouses or goods forÂ temporary admission. Intra-EU exports of food stood at EUR 212 billion in 2019 with the gap to the other products increasing between 2015 and 2019. In Italy, Poland and Slovenia this had changed to a surplus by 2019. 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. In 2019, the value of export trade in goods within the EU ranged from EUR 698.8 billion for Germany to EUR 1.3 billion for Cyprus. The general concept of intra-EU trade statistics is independent from the ownership of the 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. There were eight Member States (Denmark, Estonia, France, Latvia, Lithuania, Austria, Finland, Sweden) with a surplus in intra EU trade, but a deficit in extra EU trade. This page was last modified on 2 April 2020, at 16:00. Data is classified according to the Combined Nomenclature (CN) system used by Eurostat. There were six Member States where the share of computers in their total exports within the EU-27 was above 10 %. The ratio increased in seven Member States. 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. European Union 2018 trading partners. The declarations are addressed directly to the competent national administrations. Together they account for almost half of all exports (47 %). Italy appeared 10 times. Information on intra-EU trade is collected by the EU Member States using the various media placed at the disposal of the information providers. Each product - whether it be a transportable or a non-transportable good or a service - is assigned to one single NACE Rev. The CPA classification consists of 40 products. EU trade - non seasonally adjusted data bn € Flows … In 2019, the Netherlands was the largest exporter of computers in the EU-27. 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. In 2019, Germany was the largest exporter of food in the EU-27. EU international trade data comes from Eurostat’s COMEXT database. It concerns only their physical movement. The unweighted average ratio for Member States of intra EU exports to extra EU exports decreased by 25 percentage points (pp) between 2002 and 2019. were placed under the customs procedures for inward processing or … These were the Netherlands (18.6 %), Czechia (17.3 %), Slovakia (15.1 %), Hungary (14.4 %), Luxembourg (13.3 %) and Malta (12.8 %). Intra-EU trade charges VAT differently than if you were to trade domestically within your country. 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. It was above 75 % in Hungary (78 %), Czechia (79 %), Luxembourg (80 %) and Slovakia (80 %). In 2019, 10 Member States had a trade surplus (Figure 4a). The 5 most significant products in intra-EU trade. The analysis in this section looks at intra-EU exports by individual EU Member State for the five most traded products identified above.