Highest share for intra-EU trade in goods in Luxembourg and Slovakia
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Topics: LUXEMBOURG SLOVAKIA
This was 47 % higher than the level recorded for exports leaving the EU to non-member countries of EUR 1 932 billion (extra-EU trade).
Intra EU trade — again measured by exports — decreased by 7 % across the EU between 2019 and 2020.
Considering exports, double digit decreases between 2019 and 2020 were registered for Cyprus (-27 %), Malta (-19 %), Luxembourg (-17 %), Finland and France (both -13 %). Intra EU imports decreased by 8 %, the largest decreases were registered for Malta (-21 %), Portugal, (-14 %), Slovenia (-12 %), Spain and Italy (both - 11 %).
As with extra EU trade, Germany was also the EU Member State with the highest level of intra EU trade in 2020, contributing 22 % of the EU’s exports of goods to other Member States and 23 % of the EU’s imports of goods from other Member States.
The Netherlands (14 %) was the only other Member State to contribute more than one tenth of intra-EU exports, again a consequence of the Rotterdam effect, while France (12 %) was the only other Member State to account for more than one tenth of intra-EU imports. ■