Foreign trade as a share of gdp reached 92.8% in 2021 in the European Union, according to the National Statistical Office. This is 9.04% more than in the previous year.
Historically, foreign trade as a share of GDP in the European Union reached an all time high of 92.8% in 2021 and an all time low of 38.0% in 1962.
European Union has been ranked within the group of 152 countries we follow in terms of foreign trade as a share of GDP.
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