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European Economic Community

Exports (2023)$5.23T
Imports (2023)$5.57T
Main Exporter (2023)Germany $1.57T
Main Importer (2023)Germany$1.38T
Internal Trade (2023)46.1%of total trade

About

Overview CEE (European Economic Community) is an International Organization composed by Germany, Italy, France, Netherlands, Belgium, United Kingdom, Spain, Ireland, Denmark, Portugal, Greece, and Luxembourg. In 2023, CEE exported $5.23T (23.1% of global exports) and imported $5.57T (24.6% of global imports). Its largest exporter, Germany exported $1.57T, which corresponds to 30.1% of the total exports. On the other hand, the largest importer, Germany, imported $1.38T, which is 24.7% of the total imports of European Economic Community.

Trade In 2023, CEE's most exported products were Medicaments in Dosage (n.e.s.) ($205B), Bituminous Petroleum Distillates (Excl. Crude) ($192B), Other Vehicles Including Gas Turbine Powered ($133B), Blood, toxins, cultures, medical use, nes ($132B), and Medium Sized Cars ($72.4B). The same year, the most imported products were Crude Petroleum Oils ($270B), Bituminous Petroleum Distillates (Excl. Crude) ($179B), Gaseous Natural Gas ($148B), Other Vehicles Including Gas Turbine Powered ($144B), and Medicaments in Dosage (n.e.s.) ($129B).

Partners In 2023, CEE's exports went primarly to United States ($506B), France ($450B), Germany ($433B), Netherlands ($285B), and Italy ($284B). The same year, CEE's imported primarily from Germany ($565B), China ($517B), United States ($399B), Netherlands ($369B), and France ($317B).

Latest Trends

Latest Data

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The following section shows the trade patterns over time for countries that comprise the organization.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Organization Composition

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Value

The following section shows the trade patterns over time for all the countries that comprise the organization, using historical dataset.

Yearly Exports of CEE

Internal Trade

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Internal Trade includes all trade between the countries that comprise this organization.

In 2023, the top internal exports of CEE were Cars ($163B), Packaged Medicaments ($103B), Refined Petroleum ($90.1B), Vaccines, blood, antisera, toxins and cultures ($68.1B), and Petroleum Gas ($64.8B).

The same year, the principal destinations of internal exports were France ($450B), Germany ($433B), Netherlands ($285B), Italy ($284B), and Belgium ($262B).

Internal Exports (2021)
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Internal Destinations (2021)
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External Trade

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External trade includes all world trade excluding the countries that comprise this organization.

In 2023, the top external exports of CEE were United States ($506B), China ($251B), Poland ($161B), Switzerland ($154B), and Austria ($111B).

The same year, the principal destinations of external exports were Cars ($180B), Packaged Medicaments ($157B), Vaccines, blood, antisera, toxins and cultures ($116B), Refined Petroleum ($101B), and Motor vehicles; parts and accessories (8701 to 8705) ($76.4B).

External Exports (2021)
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External Destinations (2021)
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Total Trade

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Top Export (2023)Cars$343B
Top Destination (2023)United States$506B

In 2023, CEE exported a total of $5.23T. During the last five reported years the exports of CEE have changed by $612B from $4.62T in 2018 to $5.23T in 2023.

The most recent exports are led by Cars ($343B), Packaged Medicaments ($259B), Refined Petroleum ($192B), Vaccines, blood, antisera, toxins and cultures ($184B), and Motor vehicles; parts and accessories (8701 to 8705) ($136B). The most common destination for the exports of CEE are United States ($506B), France ($450B), Germany ($433B), Netherlands ($285B), and Italy ($284B).

Exports (2021)
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Destinations (2021)
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Largest Export by Country

Indicator

The following visualization shows the principal export per country, the product which has grown the most over the past 5 years or the product in which the country has a higher level of specialization, measured by the RCA Index.

Biggest export by country (2021)

Trade between organizations

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This visualization show trade between international organizations. The default selection shows the trade with the rest of the world.

Exports (2021)

Destinations (2021)

Economic Complexity

Complexity and Country Indicators

Indicator

This visualization compares the Economic Complexity Index (ECI) with different indicators about country development such as GDP per capita or Inflation. For more information about ECI, check the Methods page.

In 2023, the countries with higher complexity that belong to European Economic Community were Germany (1.79), United Kingdom (1.51), France (1.32), Ireland (1.31), and Italy (1.29).

On the other hand, the countries with higher GDP per capita were Luxembourg ($129k), Ireland ($104k), Denmark ($68.5k), Netherlands ($64.6k), and Belgium ($54.7k).

Finally, the biggest exporters of CEE were Germany ($1.57T), Italy ($638B), France ($635B), Netherlands ($599B), and Belgium ($437B).

GDP per capita v/s ECI for countries that comprise European Economic Community (2023)

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