Merchandise Trade (As % of GDP) in European Union

Merchandise trade as a share of gdp reached 76.3% in 2021 in the European Union, according to the National Statistical Office. This is 10.3% more than in the previous year.

Historically, merchandise trade as a share of GDP in the European Union reached an all time high of 76.3% in 2021 and an all time low of 26.8% in 1962.

European Union has been ranked within the group of 165 countries we follow in terms of merchandise trade as a share of GDP.