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International Trade Statistics Yearbook 2014, Volume I

Trade by Country

image of International Trade Statistics Yearbook 2014, Volume I

The 2014 International Trade Statistics Yearbook (2014 ITSY) is the sixty-third edition of this yearbook. Its objective is to inform about the detailed merchandise and services imports and exports of individual countries (areas) by commodity and service category and by partner country (volume I), the world trade in individual commodities (3-digit SITC groups) (volume II) and total world merchandise trade - up to the year 2014.

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European Union

In 2014, the value of merchandise exports of the EU decreased slightly by 2.5 percent to reach 2337.4 bln US$, while its merchandise imports decreased slightly by 0.4 percent to reach 2274.2 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small surplus of 63.2 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Eastern Asia at -153.4 bln US$ (see graph 4). Merchandise exports in the EU were diversified amongst partners; imports were also diversified. The top 24 partners accounted for 80 percent or more of exports and 22 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of the EU increased moderately by 6.9 percent, reaching 908.9 bln US$, while its imports of services increased slightly by 3.9 percent and reached 679.0 bln US$ (see graph 2). There was a moderate trade in services surplus of 230.0 bln US$. See footnote*.

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