Over the period since 1999, exports within the European Single Market have grown from around 1.3 trillion Euro annually, to over 4 trillion Euro by 2023. The success of the single market in promoting trade integration lies in the EU's 'four freedoms' - freedom of goods, services, labor, and capital - which have removed barriers to trade between the member states and allowed businesses to operate throughout the union in the same way in which they operate in their domestic markets. As of 2023, Germany and the Netherlands are the union's top intra-EU exporting countries, exporting approximately 850 billion and 600 billion euros respectively.
Total annual goods exports by European Union member states to other countries within the EU from 1999 to 2023
(in trillions of Euros)
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Eurostat. (March 25, 2024). Total annual goods exports by European Union member states to other countries within the EU from 1999 to 2023 (in trillions of Euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1375209/eu-internal-trade-intra-eu-exports-member-state/
Eurostat. "Total annual goods exports by European Union member states to other countries within the EU from 1999 to 2023 (in trillions of Euros)." Chart. March 25, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1375209/eu-internal-trade-intra-eu-exports-member-state/
Eurostat. (2024). Total annual goods exports by European Union member states to other countries within the EU from 1999 to 2023 (in trillions of Euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1375209/eu-internal-trade-intra-eu-exports-member-state/
Eurostat. "Total Annual Goods Exports by European Union Member States to Other Countries within The Eu from 1999 to 2023 (in Trillions of Euros)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/1375209/eu-internal-trade-intra-eu-exports-member-state/
Eurostat, Total annual goods exports by European Union member states to other countries within the EU from 1999 to 2023 (in trillions of Euros) Statista, https://www.statista.com/statistics/1375209/eu-internal-trade-intra-eu-exports-member-state/ (last visited November 21, 2024)
Total annual goods exports by European Union member states to other countries within the EU from 1999 to 2023 (in trillions of Euros) [Graph], Eurostat, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/1375209/eu-internal-trade-intra-eu-exports-member-state/