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Germany reigns as top intra-EU trade partner for 18 nations: Eurostat

03 May '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Germany was the largest trading partner of 18 European Union (EU) countries in 2022, including Belgium, France, Netherlands, and Italy, according to Eurostat.
  • The top three partners of 21 EU countries made up over 50 per cent of their total intra-EU exports, with Germany, France, and Italy ranking as the top three intra-EU export partners.
In 2022, Germany was the largest trading partner of 18 European Union (EU) countries including Belgium, France, Netherlands, and Italy, according to Eurostat. The three countries that most frequently ranked as top three intra-EU export partners were Germany (24 times), followed by France (11 times) and Italy (9 times).

The top three partners of 21 EU countries accounted for more than half of their total exports within the EU. For five of the remaining EU countries, their top three partners represented between 40 per cent and 50 per cent of their intra-EU exports. Germany was the only EU country with a share of under 40 per cent, as per Eurostat.

The largest increases in intra-EU export shares over the past two decades were reported for energy products (up 6 percentage points) and chemicals (up 4 percentage points). These increases can largely be attributed to price effects. The smallest growth in shares were for raw materials (up 1 percentage point), as per Eurostat.

Fibre2Fashion News Desk (DP)

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