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Economy > Trade > Exports Stats: compare key data on European Union & United States

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Definitions

  • Commercial service exports > Current US$: Commercial service exports (current US$). Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Computer, communications and other services > % of commercial service exports: Computer, communications and other services (% of commercial service exports). Computer, communications and other services (% of commercial service exports) include such activities as international telecommunications, and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; and personal, cultural, and recreational services.
  • Export procedure fees > US$ per container: Cost measures the fees levied on a 20-foot container in U.S. dollars. All the fees associated with completing the procedures to export or import the goods are included. These include costs for documents, administrative fees for customs clearance and technical control, customs broker fees, terminal handling charges and inland transport. The cost measure does not include tariffs or trade taxes. Only official costs are recorded. Several assumptions are made for the business surveyed: Has 60 or more employees; Is located in the country's most populous city; Is a private, limited liability company. It does not operate within an export processing zone or an industrial estate with special export or import privileges; Is domestically owned with no foreign ownership; Exports more than 10% of its sales. Assumptions about the traded goods: The traded product travels in a dry-cargo, 20-foot, full container load. The product: Is not hazardous nor does it include military items; Does not require refrigeration or any other special environment; Does not require any special phytosanitary or environmental safety standards other than accepted international standards."
  • Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Exports of goods and services > Current US$: Exports of goods and services (current US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
  • Exports of goods and services > Current US$, % of GDP: Exports of goods and services (current US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Exports of goods, services and primary income > BoP, current US$: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.
  • Exports of goods, services and primary income > BoP, current US$, % of GDP: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Leading export market: Country or customs union which is the main recipient of exports.
  • Merchandise exports by the reporting economy > Current US$ per capita: Merchandise exports by the reporting economy (current US$). Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$. Figures expressed per capita for the same year.
  • Merchandise exports by the reporting economy > Current US$, % of GDP: Merchandise exports by the reporting economy (current US$). Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$. Figures expressed as a proportion of GDP for the same year
  • Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
  • Transport services > % of service exports, BoP: Transport services (% of service exports, BoP). Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).
  • Commercial service > Exports > Current US$: Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies."
  • Merchandise > Exports to third world economies in Latin America and the Caribbean > % of total merchan: Merchandise exports to third world economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to third world economies in the Latin America and the Caribbean region according to World Bank classification of economies as of July 1, 2009. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Travel services > % of commercial service > Exports: Travel services (% of commercial service exports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging and meals and transport (within the economy visited)."
  • Merchandise > Exports to third world economies in Europe and Central Asia > % of total merchandise exp: Merchandise exports to third world economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to third world economies in the Europe and Central Asia region according to World Bank classification of economies as of July 1, 2009. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Commodities: A rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
  • Partners: A rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value
  • Merchandise trade > % of GDP: Merchandise trade (% of GDP). Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
  • Merchandise > Exports to third world economies in East Asia and Pacific > % of total merchandise expor: Merchandise exports to third world economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to third world economies in the East Asia and Pacific region according to World Bank classification of economies as of July 1, 2009. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Merchandise exports by the reporting economy > Current US$: Merchandise exports by the reporting economy (current US$). Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.
  • Exports of goods and services > Constant 2000 US$: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars.
  • Exports of goods, services and primary income > BoP, current US$ per capita: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Merchandise exports > Current US$ per capita: Merchandise exports (current US$). Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Figures expressed per capita for the same year.
  • External balance on goods and services > % of GDP: External balance on goods and services (% of GDP). External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
  • Trade > % of GDP: Trade (% of GDP). Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • High-technology exports > Current US$ per capita: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • High-technology exports > Current US$, % of GDP: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Manufactures > Exports > % of merchandise > Exports: Manufactures comprise commodities in SITC sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals)."
  • High-technology exports > Current US$: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.
  • Commercial service exports > Current US$, % of GDP: Commercial service exports (current US$). Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies. Figures expressed as a proportion of GDP for the same year
  • Trade in services > % of GDP: Trade in services (% of GDP). Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.
  • Insurance and financial services > % of commercial service > Exports: Insurance and financial services cover freight insurance on goods exported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services."
  • Merchandise > Exports by the reporting economy > Residual > % of total merchandise > Exports: Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies as of July 1, 2009. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy."
STAT European Union United States HISTORY
Commercial service exports > Current US$ $1.79 trillion
Ranked 1st. 3 times more than United States
$608.10 billion
Ranked 2nd.

Computer, communications and other services > % of commercial service exports 48.94%
Ranked 18th. 9% more than United States
44.88%
Ranked 24th.

Export procedure fees > US$ per container $1,038.81
Ranked 106th.
$1,050.00
Ranked 105th. 1% more than European Union

Exports of goods and services > Constant 2000 US$ per capita $12,663.95
Ranked 18th. 2 times more than United States
$5,885.16
Ranked 34th.

Exports of goods and services > Current US$ $7.47 trillion
Ranked 1st. 3 times more than United States
$2.20 trillion
Ranked 3rd.

Exports of goods and services > Current US$, % of GDP 44.9%
Ranked 52nd. 3 times more than United States
14%
Ranked 126th.

Exports of goods, services and primary income > BoP, current US$ $8.80 trillion
Ranked 1st. 3 times more than United States
$3.00 trillion
Ranked 2nd.

Exports of goods, services and primary income > BoP, current US$, % of GDP 52.91%
Ranked 43th. 3 times more than United States
19.1%
Ranked 127th.

Goods 4.43 trillion
Ranked 1st. 3 times more than United States
1.58 trillion
Ranked 2nd.

Leading export market United States European Union
Merchandise exports by the reporting economy > Current US$ per capita $11,550.58
Ranked 31st. 2 times more than United States
$4,752.20
Ranked 52nd.

Merchandise exports by the reporting economy > Current US$, % of GDP 33.23%
Ranked 66th. 3 times more than United States
9.88%
Ranked 153th.

Per $ GDP $0.12 per $1 of GDP
Ranked 20th. 55% more than United States
$0.08 per $1 of GDP
Ranked 152nd.

Per capita $3,980.21 per capita
Ranked 46th. 4% more than United States
$3,812.18 per capita
Ranked 47th.

Transport services > % of service exports, BoP 19.64%
Ranked 57th. 52% more than United States
12.92%
Ranked 80th.

Commercial service > Exports > Current US$ $1.52 trillion
Ranked 1st. 3 times more than United States
$475.98 billion
Ranked 2nd.

Merchandise > Exports to third world economies in Latin America and the Caribbean > % of total merchan 1.98%
Ranked 62nd.
21.66%
Ranked 21st. 11 times more than European Union

Travel services > % of commercial service > Exports 22.7%
Ranked 105th.
25.45%
Ranked 96th. 12% more than European Union

Merchandise > Exports to third world economies in Europe and Central Asia > % of total merchandise exp 6.03%
Ranked 35th. 4 times more than United States
1.59%
Ranked 79th.

Commodities machinery, motor vehicles, aircraft, plastics, pharmaceuticals and other chemicals, fuels, iron and steel, nonferrous metals, wood pulp and paper products, textiles, meat, dairy products, fish, alcoholic beverages. agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0%
Partners US 23.3%, Switzerland 7.6%, Russia 5.2%, China 4.8% Canada 19.37%, Mexico 12.21%, China 6.58%, Japan 4.84%, UK 4.33%, Germany 4.1%
Merchandise trade > % of GDP 70.02%
Ranked 75th. 3 times more than United States
24.75%
Ranked 168th.

Merchandise > Exports to third world economies in East Asia and Pacific > % of total merchandise expor 3.43%
Ranked 48th.
9.59%
Ranked 30th. 3 times more than European Union

Merchandise exports by the reporting economy > Current US$ $5.87 trillion
Ranked 1st. 4 times more than United States
$1.48 trillion
Ranked 3rd.

Exports of goods and services > Constant 2000 US$ $6.45 trillion
Ranked 1st. 3 times more than United States
$1.85 trillion
Ranked 2nd.

Exports of goods, services and primary income > BoP, current US$ per capita $17,288.23
Ranked 23th. 81% more than United States
$9,543.09
Ranked 44th.

Merchandise exports > Current US$ per capita $11,403.06
Ranked 29th. 2 times more than United States
$4,929.00
Ranked 54th.

External balance on goods and services > % of GDP 1.75%
Ranked 39th.
-3.369%
Ranked 73th.

Trade > % of GDP 84.42%
Ranked 71st. 3 times more than United States
30.4%
Ranked 141st.

High-technology exports > Current US$ per capita $1,227.13
Ranked 17th. 3 times more than United States
$466.24
Ranked 33th.

High-technology exports > Current US$, % of GDP 3.53%
Ranked 21st. 4 times more than United States
0.969%
Ranked 43th.

Manufactures > Exports > % of merchandise > Exports 76.28%
Ranked 25th. 14% more than United States
66.79%
Ranked 43th.

High-technology exports > Current US$ $623.10 billion
Ranked 1st. 4 times more than United States
$145.27 billion
Ranked 4th.

Commercial service exports > Current US$, % of GDP 10.79%
Ranked 33th. 3 times more than United States
3.88%
Ranked 51st.

Trade in services > % of GDP 20.01%
Ranked 67th. 3 times more than United States
6.74%
Ranked 127th.

Insurance and financial services > % of commercial service > Exports 8.25%
Ranked 20th.
14.73%
Ranked 8th. 79% more than European Union

Merchandise > Exports by the reporting economy > Residual > % of total merchandise > Exports 0.91%
Ranked 106th. 6 times more than United States
0.16%
Ranked 139th.

SOURCES: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; World Bank, Doing Business project (http://www.doingbusiness.org/).; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; World Trade Organization Trade Profiles database, loaded 2010; World Bank staff estimates. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbooks 18 December 2003 to 28 March 2011; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; World Trade Organization, and World Bank GDP estimates.; World Bank staff estimates; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Trade Organization. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations, Comtrade database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations, Comtrade database. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank staff estimates from the Comtrade database maintained by the United Nations Statistics Division.; United Nations, Comtrade database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates. World Bank World Development Indicators.

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