Top EU Import Countries

Top EU Import Countries

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Imports purchased by the 28 members of the European Union totaled US$5.641 trillion in 2017. That dollar amount reflects a -3.5% drop in the value for EU import purchases since 2013 but a 10.3% year-over-year improvement from 2016 to 2017.

European imports represent an estimated 31.6% of total world imports which amounted to $17.833 trillion for 2017. As benchmarks, global imports declined in value by -5.6% from 2013 to 2017 counterbalanced by a 11.2% gain from 2016 to 2017.

Based on statistics from the International Monetary Fund’s World Economic Outlook Database, the aggregate Gross Domestic Product for all 28 EU countries amounted to an estimated $20.983 trillion for 2017. Therefore, imports translate to the equivalent of 26.9% of the EU’s total economic output.

Given the European Union’s population of about 516.2 million people according to the CIA World Factbook, the total $5.641 trillion in 2017 EU imports translates to approximately $10,900 for every person in the current 28-member economic union.

As the following statistical table shows, Germany and the United Kingdom continue to be the EU’s major players in international trade.

Top European Import Countries

Below are the top European import countries that purchased the highest dollar value worth of products from around the globe during 2017. Also shown is each country’s share of EU global imports as well as changes in value since 2013.

RankImporter2017 Imports% EU TotalSince 2013
1.Germany$1.174 trillion20.8%-1.2%
2.United Kingdom$641.3 billion11.4%-2.4%
3.France$613.1 billion10.9%-8.7%
4.Italy$451.4 billion8%-5.8%
5.Netherlands$450.1 billion7.98%-11.1%
6.Belgium$406.4 billion7.2%-16.8%
7.Spain$350.9 billion6.2%5.6%
8.Poland$218 billion3.9%6%
9.Austria$175.8 billion3.1%-4.1%
10.Czech Republic$162.1 billion2.9%13.7%
11.Sweden$153.9 billion2.7%-4.2%
12.Hungary$104.3 billion1.8%5%
13.Denmark$92.2 billion1.64%-5.1%
14.Ireland$88.8 billion1.57%19.9%
15.Romania$85.3 billion1.51%16.2%
16.Slovakia$83 billion1.47%2.1%
17.Portugal$77.8 billion1.38%2.8%
18.Finland$70.1 billion1.24%-9.6%
19.Greece$55.3 billion0.98%-9.6%
20.Bulgaria$34.1 billion0.61%-0.5%
21.Lithuania$31 billion0.55%-11%
22.Slovenia$28.2 billion0.5%-4%
23.Croatia$24.6 billion0.44%12.2%
24.Luxembourg$21.1 billion0.37%-12%
25.Estonia$17.3 billion0.31%-14.2%
26.Latvia$15.9 billion0.28%-5.3%
27.Cyprus$9.3 billion0.16%44.8%
28.Malta$5.8 billion0.1%-5.3%

The top 10 importers represent 82.3% of the overall value for the EU’s total trade purchases during 2017.



 
Ten EU members increased their import purchases from 2013 to 2017, led by: Cyprus (up 44.8%), Ireland (up 19.9%), Romania (up 16.2%), Czech Republic (up 13.7%) and Croatia (also up 12.2%).

Import declines over the 5-year period ranged from -0.5% for Bulgaria and -1.2% for Germany accelerating to -14.2% for Estonia and -16.8% for Belgium.

Import purchases by the United Kingdom depreciated by a relatively modest -2.4% as Brexit looms. The UK’s scheduled departure date is March 29, 2019.

See also United Kingdom’s Top Trading Partners, European Union’s Top 10 Exports, UK’s EU Trade Scorecard Before Brexit and Top EU Export Countries

Research Sources:
The World Factbook, Field Listing: Imports and World Population, Central Intelligence Agency. Accessed on June 14, 2018

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on November 22, 2018

Wikipedia, List of European countries by population. Accessed on June 14, 2018