EPRS Admin By / January 17, 2023

Fig 2 – Trade in goods

Exports of goods

n 1993, the then 12 Member States traded goods amounting to €665 billion. Trade between Member States has increased over the years as the Union evolved, reaching
€3 586 billion in 2019 for the EU-28. Looking at the trade of the EU-27, after a decline owing to the 2020 COVID crisis, it reached €3 445 billion in 2021, indicating a quick
return to the previous trend. The share of intra-EU exports varies between Member States. For some countries – Luxembourg, Slovakia and Czechia – more than 80 % of
their trade is with other Member States, whereas for Malta, Ireland and Cyprus, the share is less than 50 %.


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