The balance of trade of EU member states for intra-EU trade shows us which states are the exporters and which states are the importers throughout the union. Over the period since 2002, France has consistently been the country which runs the largest trade deficit (when imports are greater than exports) with the rest of the EU, while the Netherlands has consistently run the largest trade surplus (exports greater than imports).
The two most significant shifts that have occurred over this period has been the transformation of Germany from an exporter to an importer (although this only applies within the EU) and the rise of Belgium, Poland, and Czechia as export powers.
Annual balance of trade of European Union member states for Intra-EU trade in both goods and services in 2023
(in millions of Euros)
Characteristic
Millions of Euros
France
-140,963.7
Germany
-89,734.7
Sweden
-33,808.3
Italy
-29,109.9
Finland
-20,811.8
Romania
-14,724.6
Portugal
-9,830.7
Austria
-7,327.2
Latvia
-5,481.7
Greece
-3,990.7
Croatia
-3,640.7
Estonia
-3,582.1
Cyprus
-2,947.7
Created with Highcharts 7.2.2Millions of EurosNetherlandsIrelandPolandSpainCzechiaBelgiumHungaryLuxembourgSloveniaMaltaBulgariaSlovakiaDenmarkLithuaniaCyprusEstoniaCroatiaGreeceLatviaAustriaPortugalRomaniaFinlandItalySwedenGermanyFrance
-200,000-100,0000100,000200,000300,000400,000
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In theory the EU's internal balance of trade should be zero at all times, as every export within the EU is balanced out by a corresponding import. In practice, however, due to irregularities in accounting for the value of goods, the EU consistently runs a trade surplus with itself.
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Eurostat. (March 18, 2024). Annual balance of trade of European Union member states for Intra-EU trade in both goods and services in 2023 (in millions of Euros) [Graph]. In Statista. Retrieved May 12, 2025, from https://www.statista.com/statistics/1375502/eu-internal-trade-trade-balance-member-state/
Eurostat. "Annual balance of trade of European Union member states for Intra-EU trade in both goods and services in 2023 (in millions of Euros)." Chart. March 18, 2024. Statista. Accessed May 12, 2025. https://www.statista.com/statistics/1375502/eu-internal-trade-trade-balance-member-state/
Eurostat. (2024). Annual balance of trade of European Union member states for Intra-EU trade in both goods and services in 2023 (in millions of Euros). Statista. Statista Inc.. Accessed: May 12, 2025. https://www.statista.com/statistics/1375502/eu-internal-trade-trade-balance-member-state/
Eurostat. "Annual Balance of Trade of European Union Member States for Intra-eu Trade in Both Goods and Services in 2023 (in Millions of Euros)." Statista, Statista Inc., 18 Mar 2024, https://www.statista.com/statistics/1375502/eu-internal-trade-trade-balance-member-state/
Eurostat, Annual balance of trade of European Union member states for Intra-EU trade in both goods and services in 2023 (in millions of Euros) Statista, https://www.statista.com/statistics/1375502/eu-internal-trade-trade-balance-member-state/ (last visited May 12, 2025)
Annual balance of trade of European Union member states for Intra-EU trade in both goods and services in 2023 (in millions of Euros) [Graph], Eurostat, March 18, 2024. [Online]. Available: https://www.statista.com/statistics/1375502/eu-internal-trade-trade-balance-member-state/
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