In physical terms the EU-27 imports three times more than it exports

Author (Corporate)
Series Title
Series Details No.51, 2012 (20.12.12)
Publication Date 20/12/2012
ISSN 2314-9647
EC KS-SF-12-051-EN-N
Content Type

In contrast to the monetary value of trade EU's physical trade balance is asymmetric. The EU imports three times more goods by weight from the rest of the world than it exports. The amounts of physical imports into the EU are dominated by fossil fuels and other raw products which typically have significantly lower values per kilogram. On the other hand, the EU exports high value goods such as machinery and transport equipment.

Source Link Link to Main Source http://ec.europa.eu/eurostat/web/products-statistics-in-focus/-/KS-SF-12-051
Subject Categories
Countries / Regions