European Union - Exports of goods and services

Exports of goods and services (BoP, current US$)

The latest value for Exports of goods and services (BoP, current US$) in European Union was $7,169,000,000,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $7,888,060,000,000 in 2018 and $414,203,000,000 in 1975.

Definition: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1975 $414,203,000,000
1976 $457,303,000,000
1977 $525,113,000,000
1978 $635,152,000,000
1979 $786,616,000,000
1980 $885,404,000,000
1981 $834,472,000,000
1982 $804,804,000,000
1983 $783,704,000,000
1984 $803,019,000,000
1985 $836,307,000,000
1986 $1,031,720,000,000
1987 $1,233,240,000,000
1988 $1,363,570,000,000
1989 $1,445,340,000,000
1990 $1,744,900,000,000
1991 $1,731,300,000,000
1992 $1,872,330,000,000
1993 $1,705,260,000,000
1994 $1,902,760,000,000
1995 $2,349,730,000,000
1996 $2,414,880,000,000
1997 $2,388,350,000,000
1998 $2,504,670,000,000
1999 $2,515,890,000,000
2000 $2,573,980,000,000
2001 $2,626,320,000,000
2002 $2,812,770,000,000
2003 $3,377,700,000,000
2004 $4,109,860,000,000
2005 $4,448,750,000,000
2006 $5,030,180,000,000
2007 $5,993,040,000,000
2008 $6,705,450,000,000
2009 $5,341,870,000,000
2010 $5,843,490,000,000
2011 $6,809,600,000,000
2012 $6,579,060,000,000
2013 $6,922,220,000,000
2014 $7,177,650,000,000
2015 $6,415,940,000,000
2016 $6,514,800,000,000
2017 $7,179,650,000,000
2018 $7,888,060,000,000
2019 $7,765,710,000,000
2020 $7,169,000,000,000

Exports of goods and services (current US$)

The latest value for Exports of goods and services (current US$) in European Union was $7,133,470,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $7,860,980,000,000 in 2018 and $140,570,000,000 in 1970.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $140,570,000,000
1971 $158,999,000,000
1972 $194,472,000,000
1973 $263,993,000,000
1974 $343,852,000,000
1975 $373,169,000,000
1976 $406,591,000,000
1977 $466,615,000,000
1978 $563,835,000,000
1979 $705,820,000,000
1980 $801,183,000,000
1981 $744,195,000,000
1982 $717,885,000,000
1983 $705,310,000,000
1984 $721,385,000,000
1985 $748,199,000,000
1986 $938,183,000,000
1987 $1,129,830,000,000
1988 $1,261,160,000,000
1989 $1,343,170,000,000
1990 $1,654,370,000,000
1991 $1,701,320,000,000
1992 $1,848,800,000,000
1993 $1,700,980,000,000
1994 $1,904,370,000,000
1995 $2,346,450,000,000
1996 $2,413,740,000,000
1997 $2,391,570,000,000
1998 $2,513,840,000,000
1999 $2,529,680,000,000
2000 $2,596,880,000,000
2001 $2,639,570,000,000
2002 $2,837,480,000,000
2003 $3,411,220,000,000
2004 $4,109,380,000,000
2005 $4,459,960,000,000
2006 $5,038,450,000,000
2007 $5,997,370,000,000
2008 $6,698,560,000,000
2009 $5,355,570,000,000
2010 $5,870,050,000,000
2011 $6,810,420,000,000
2012 $6,557,580,000,000
2013 $6,879,420,000,000
2014 $7,151,480,000,000
2015 $6,384,280,000,000
2016 $6,486,000,000,000
2017 $7,140,030,000,000
2018 $7,860,980,000,000
2019 $7,741,860,000,000
2020 $7,133,470,000,000

Exports of goods and services (constant 2010 US$)

The latest value for Exports of goods and services (constant 2010 US$) in European Union was 6,844,560,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 7,477,770,000,000 in 2019 and 676,779,000,000 in 1970.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 676,779,000,000
1971 720,940,000,000
1972 785,951,000,000
1973 869,054,000,000
1974 929,419,000,000
1975 892,160,000,000
1976 976,735,000,000
1977 1,029,430,000,000
1978 1,090,790,000,000
1979 1,171,320,000,000
1980 1,187,970,000,000
1981 1,254,890,000,000
1982 1,267,870,000,000
1983 1,311,130,000,000
1984 1,419,060,000,000
1985 1,484,680,000,000
1986 1,495,030,000,000
1987 1,552,660,000,000
1988 1,639,500,000,000
1989 1,758,120,000,000
1990 1,821,640,000,000
1991 1,900,130,000,000
1992 1,968,090,000,000
1993 1,997,250,000,000
1994 2,183,180,000,000
1995 2,382,940,000,000
1996 2,509,160,000,000
1997 2,784,240,000,000
1998 2,984,520,000,000
1999 3,152,300,000,000
2000 3,566,180,000,000
2001 3,708,020,000,000
2002 3,795,270,000,000
2003 3,857,680,000,000
2004 4,182,820,000,000
2005 4,426,630,000,000
2006 4,831,550,000,000
2007 5,175,100,000,000
2008 5,242,800,000,000
2009 4,617,440,000,000
2010 5,125,500,000,000
2011 5,469,060,000,000
2012 5,590,330,000,000
2013 5,708,210,000,000
2014 5,984,680,000,000
2015 6,384,280,000,000
2016 6,607,590,000,000
2017 6,989,880,000,000
2018 7,257,440,000,000
2019 7,477,770,000,000
2020 6,844,560,000,000

Exports of goods and services (annual % growth)

The value for Exports of goods and services (annual % growth) in European Union was -8.47 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 13.13 in 2000 and a minimum value of -11.93 in 2009.

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 6.53
1972 9.02
1973 10.57
1974 6.95
1975 -4.01
1976 9.48
1977 5.40
1978 5.96
1979 7.38
1980 1.42
1981 5.63
1982 1.03
1983 3.41
1984 8.23
1985 4.62
1986 0.70
1987 3.85
1988 5.59
1989 7.24
1990 3.61
1991 4.31
1992 3.58
1993 1.48
1994 9.31
1995 9.15
1996 5.30
1997 10.96
1998 7.19
1999 5.62
2000 13.13
2001 3.98
2002 2.35
2003 1.64
2004 8.43
2005 5.83
2006 9.15
2007 7.11
2008 1.31
2009 -11.93
2010 11.00
2011 6.70
2012 2.22
2013 2.11
2014 4.84
2015 6.68
2016 3.50
2017 5.79
2018 3.83
2019 3.04
2020 -8.47

Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in European Union was 46.65 as of 2020. Its highest value over the past 50 years was 49.34 in 2019, while its lowest value was 19.36 in 1970.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 19.36
1971 19.37
1972 19.64
1973 20.59
1974 23.69
1975 22.07
1976 22.97
1977 23.27
1978 23.08
1979 23.90
1980 24.25
1981 25.84
1982 25.85
1983 26.10
1984 27.71
1985 27.94
1986 25.06
1987 24.40
1988 24.81
1989 25.86
1990 25.46
1991 25.26
1992 24.96
1993 25.16
1994 26.59
1995 28.28
1996 28.63
1997 30.92
1998 31.54
1999 31.92
2000 35.69
2001 35.70
2002 35.10
2003 34.35
2004 35.99
2005 37.44
2006 39.63
2007 40.72
2008 41.10
2009 36.28
2010 40.32
2011 43.21
2012 44.80
2013 44.96
2014 45.69
2015 47.11
2016 46.68
2017 48.35
2018 49.20
2019 49.34
2020 46.65

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments