EU Internal Trade: commodities and other trade 2023, by member state

Annual trade balance for commodities and transactions not classified elsewhere in SITC* within the European Union in 2023, by member state

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Source

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Release date

April 2024

Region

Europe, EU

Survey time period

2023

Supplementary notes

*SITC stands for Standard International Trade Classification.

The trade balance between EU member states should in theory always be zero, as every export has a corresponding import within the union. In practice, however, due to irregularities and inconsistencies in how trade is valued or recorded, there are often discrepancies in these figures. Due to the heterogenous nature of this product category, encompassing all unclassified transactions, large discrepancies can be seen in many years.

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