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Goods Exports (BoP, USD) rose 22.2% to USD 6,332 bil in the European Union in 2021

Goods Exports (BoP, USD) (USD bil), 2021
Economy | European Union | February 1, 2023
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Excel Sheet

Goods exports as a part of the balance of payment rose 22.2% to USD 6,332 bil in the European Union in 2021, according to the National Statistical Office.

Historically, goods exports as a part of the balance of payment in the European Union reached an all time high of USD 6,332 bil in 2021 and an all time low of USD 332 bil in 1975. When compared to European Union's main peers, goods exports as a part of the balance of payment in China amounted to USD 3,216 bil, USD 749 bil in Japan, USD 494 bil in Russia and USD 1,761 bil in USA in 2021.

European Union has been ranked th within the group of 140 countries we follow in terms of goods exports as a part of the balance of payment.

Goods Exports (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Canada USD bil 411 394 424 452 449
China USD bil 2,143 1,990 2,216 2,417 2,387
European Union USD bil 4,688 4,737 5,203 5,682 5,518
Germany USD bil 1,294 1,305 1,420 1,525 1,460
India USD bil 272 269 304 332 331
Japan USD bil 622 636 689 736 695
Mexico USD bil 381 374 410 451 461
Russia USD bil 341 282 353 444 420
South Korea USD bil 543 512 580 626 557
USA USD bil 1,511 1,457 1,557 1,677 1,655