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Trade

Trade IndicatorsMore

Euro area Exports
Exports

43.14

% of GDP

2020
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. This is the % of GDP of the EURO Area EU countries. Source: The World Bank
Euro area Exports
Exports

-9.10

annual growth

2020
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. This is the annual % growth of the EURO Area EU countries. Source: The World Bank
Euro area Imports
Imports

39.90

% of GDP

2020
Imports of goods and services represent the value of all goods and other market services received from the rest of the world. This the aggregated value of the 19 EU countries of the EURO Area. Source: The World Bank
Euro area Foreign Direct Investment
Foreign Direct Investment

-0.17

% of GDP

2019
Foreign direct investment are the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor. Measure: percent; Source: The World Bank
Euro area Trade balance
Trade balance

3.24

% of GDP

2020
External balance on goods and services equals exports of goods and services minus imports of goods and services. This is the average of the EURO Area (EU19). Source: The World Bank
Euro area Tax rate
Tax rate

42.84

% of commercial profits

2019
Total tax rate measures the amount of taxes and mandatory contributions payable by businesses. Personal income tax, VAT, sales taxes or goods and service taxes are excluded. This is the average of the 19 EU countries of the EURO Area. Source: The World Bank.
Euro area Number of taxes paid by businesses
Number of taxes paid by businesses

10

2019
Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. This is the average value of the 19 EU countries of the EURO Area. Source: The World Bank.
Euro area Cost of starting a business
Cost of starting a business

3.21

% of income per capita

2019
The cost of starting a business indicator includes all official fees and fees for legal or professional services if such services are required by law. This is the average cost for the 19 EU countries of the EURO Area. Source: The World Bank.

Featured Trade Events

Trade EventsMore

Partner Event - Webinar: Alain Le Berre’s Governance Masterclass for Early-Stage Founders
Open
Data Bites: Digital ESG tools for medium-sized companies in the manufacturing industry
The webinar will provide practical insights into helpful digital tools to simplify ESG reporting. The objectives of the webinar are:
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SME2B Business Forum 2024: Building a European Economy of Trust + SME Summer Party
How Europe can enhance its Potential, regain Competitiveness and secure Freedom and Wealth: an SME- and Mid-caps-friendly Roadmap for 2024-2030
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EIC T2M Innovation Discovery Training 10th edition
The EIC T2M Innovation Discovery Training is 2-half days online training sessions consisting of collective sessions to help deep-tech scientists acquire a basic understanding of entrepreneurship skills and how to effectively present their entrepreneu...
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Future Mind® Business Simulator
Over the course of 3 days of the Future Mind® business simulator participants build up and operate a company according to the Organisational Excellence model. The products and services developed in the process have to be accepted and purchased by th...
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Go live of the Public Procurement Data Space
On 24 September, the European Commission is hosting a full day event to celebrate the go live of the Public Procurement Data Space (PPDS)
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European Manufacturing Conference 2024
Over 350 participants are expected at Event Lounge to engage with policymakers, industry representatives, as well as academia, RTOs, startups, scaleups, and innovators at the European Manufacturing Conference this year. European Manufacturing Confere...
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B Acceleration Week
EIT Manufacturing will participate in the B Acceleration Week organised by BAT Accelerator Tower. This dynamic 3-day event, filled with various activities, will take place from September 24-26. With +100 startups and +50 corporates participating, thi...
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PPDS Day 2024 – The Grand Opening
PPDS Day 2024 – The Grand Opening
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European Regulators Group for Postal Services - stakeholders forum 2024
European Regulators Group for Postal Services - stakeholders forum 2024
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Second workshop on substituting targeted hazardous chemicals
The European Commission is hosting a second workshop in co-operation with a group of contractors led by the Logika Group. It is being held in the context of the study 'Strengthening the role of substitution planning in the context of REACH and ot...
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EuProGigant Open House Day 2024
The Austrian capital becomes a meeting point for pioneering manufacturing projects.
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6th Wiener Produktionstechnik Kongress
The WPK2024 congress, which is subject to the central theme of the Twin Transition in Manufacturing, reports on the current challenges and enabling technologies on the way toward highly efficient, resilient, and sustainable production. Best practice ...
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Trade Policy
Understanding the essentials of EU Trade Policy, WTO and the EU's trade agreements
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Civil Society Dialogue on the impact of EU FTAs on key environmental aspects, including climate
Civil society organisations registered in the DG Trade Civil Society Database are invited to join a meeting presenting the draft final report of the ex-post evaluation of the impact of EU FTAs on key environmental aspects, including climate.
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The 6th International Conference on New Trends in Management, Business and Economics (ICNMBE)
ICNMBE aims to contribute to the future of New Trends in Management, Business, and Economics by bringing together leading scholars, academics, and researchers in the field.
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2024 EPAA Annual Conference: Maximising NAM uptake under existing EU regulations
2024 EPAA Annual Conference: Maximising NAM uptake under existing EU regulations
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Advanced Manufacturing Madrid 2024
The 16th edition will take place at IFEMA on November 20 and 21, 2024, and EIT Manufacturing will be present in various activities, including roundtable sessions and the Advanced Manufacturing Awards, in which Javier González, Business Development &...
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CES 2025
CES is a well-known global tech event, owned and produced by the Consumer Technology Association (CTA). The event showcases companies throughout the supply chain, alongside a high-level conference program, with +50 presentations from business leaders...
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Mobile World Congress (MWC) 2025
Mobile World Congress (MWC) Barcelona is a leading international trade fair for the mobile communications and telecoms industry, providing a collaborative platform for networking and fostering global connections.
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Trade PublicationsMore

Industry
Creating value from waste in the steelmaking industry: the ZHy...
Press Release
January 30, 2024
Icons
The ZHyRON project has been launched to pioneer a new process for recycling steelmaking by-products based on the use of green hydrogen 
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Raw materials
The United States’ Strategy for Securing Critical Minerals S...
Policy Brief
April 8, 2024
ifri.org
The United States’ Strategy for Securing Critical Minerals Supplies Can It Meet the Needs of the IRA?
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Raw materials
The Prospects of Indonesia's Nickel Boom Amidst a Systemic...
Policy Brief
April 30, 2024
ifri.org
The Prospects of Indonesia's Nickel Boom Amidst a Systemic Challenge from Coal
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Trade PublishersMore

In the European Standardisation System, Small Business Standards' mission is to: Represent the interests of SMEs in the standardisation process; Raise their awareness about standardisation and facilitating their uptake of standards; Motivate them to engage in the standardisation process. The association represents the interests of 12 million SMEs through 21 SME member organisations.
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European Business Service Alliance (EBSA) brings together the European associations within the business services sector. Business services are important for the European economy, however they are often invisible in our everyday lives.EBSA’s vision is to achieve an internal market for business services in the EU, and to gain recognition for the important role business services play in the European economy.EBSA therefore work on increasing knowledge, visibility and recognition of the business services industry at the European level and promote the convergence of views and positions expressed by European Business Services associations in order to enhance our ability to make strong representations to the EU Institutions and other relevant European and international stakeholders.
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Integradde is a H2020 project that aims to develop an end-to-end Digital Additive Manufacturing (AM) solution, based on DED technologies [ Laser Metal Deposition (LMD) for manufacturing of complex geometries in medium-sized components with higher accuracy, and Wire-Arc Additive Manufacturing (WAAM) for simpler geometries with higher deposition rates] enabling a cybersecured bidirectional dataflow for a seamless integration across the entire AM chain.
Open
The Esade Center for Global Economy and Geopolitics (EsadeGeo) performs research on economic globalization and its interactions with geopolitics and global governance, creating knowledge on the links between business, economic and social leadership, social realities, and global governance. Its staff, including expert researchers, also provides an interdisciplinary forum where scholars and political, business, and social leaders actively debate international matters and their local impact.
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At Pronovea we focus on delivering industry leading business conferences for our clients. Drawing on more than 20+ years of industry experience, we bring together the leading experts to provide best-in-class knowledge sharing events.
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The Institute for European Energy and Climate Policy (IEECP) is a non-for-profit, independent research foundation working, since 2015, on science-based climate change mitigation, energy efficiency and renewable energy policy, with an international interdisciplinary team of experts generating and disseminating scientific knowledge.
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FundingBox is the go-to platform for innovators in the quest for funding and investors and corporates hunting for the next unicorn. FundingBox supports entrepreneurs at every stage of their growth journey with adapted public and private funding opportunities. Besides, FundingBox helps corporates and VCs to find the perfect start-up and scale-up match so that they can boost their innovation processes and maximise their return on investment. And because it is not only about the amount of money but also how it is invested that makes a difference, the deep tech communities in the FundingBox platform gather over 30,000 funding stakeholders willing to shape the destiny of others in a brighter way by sharing experiences and thus triggering exponential ; More information at:
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AUSTRALO is a marketing agency for Science and Deep Tech. Our strategy is based on the 3-Cs of Value (CAPTURE - CREATE - CAPITALIZE), helping our clients and partners unlock the full potential of Research and Innovation with Growth Hacking. We don't just follow traditional marketing practices; we innovate and adapt them to meet the demands of rapidly evolving disruptive ideas. Our team is passionate about driving impact for scientific findings, cutting-edge technology, digital transformation and entrepreneurship. With a full-stack service portfolio of digital marketing campaigns, innovation management plans, and go-to-market exploitation roadmaps, we work with organizations from all sizes and interests.
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Fire Safe Europe (FSEU) is a unique alliance of fire experts, firefighters, associations, and international companies. FSEU’s mission is to improve fire safety in buildings for people and society.
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The China IP SME Helpdesk supports European Union (EU) Small and Medium-sized Enterprises (SMEs) to both protect and enforce their Intellectual Property Rights (IPR) in or relating to Mainland China, Hong Kong, Macao and Taiwan through the provision of free information and services. These take the form of jargon-free, first-line, confidential advice on intellectual property and related issues, plus training, materials and online resources. The Helpdesk's free services for European SMEs include: Helpdesk Enquiry Service – Confidential Advice Individual SMEs and SME intermediaries can submit IPR enquiries directly to the Helpdesk via phone, email or in person, getting access to a panel of experts to receive free and confidential first-line advice. Send your queries to [email protected] to receive and expert reply within three working days. Training The Helpdesk arranges training on China IPR protection and enforcement in Europe and China, tailored to the needs of SMEs: General IPR issues, including IP registration and establishing an IP protection strategy. Practical business challenges such as choosing a Chinese business partner, attending a trade fair, licensing. Helpdesk IPR Clinics offering SMEs free 20-minute one-on-one consultations with an IP expert are available at many training events. Train-the-trainer resources for SME service providers and intermediary bodies to improve the awareness of intermediary representatives about the scope and tools offered by the China IPR SME Helpdesk. Materials Browse the Helpdesk industry and business-focused guides and training materials that address China IPR issues by: IP Factsheets for Mainland China, Hong Kong, Macao and Taiwan. IP topic, including patents, trade marks, copyrights, licensing, dealing with counterfeiting. Business focus, including IP as a business asset, technology transfer, finding the right lawyer. Industry, including textiles, medical devices, ceramics etc. How to guide for step-by-step guidance to complete IP protection or registration processes in China Online Services The multi-lingual online portal () provides easy access for all EU SMEs to Helpdesk information and services, including Helpdesk guides, E-learning modules, event information, live webinars, infographics, podcasts and the Serious Game.
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The Assembly of European Regions (AER) is the largest independent network of regions in wider Europe, gathering regions from 25 countries—from Norway to Turkey and from Georgia to Portugal. The AER is present everywhere on the European continent, inside and outside the European Union. It is the place to be for regional stakeholders across Europe: for politicians, officers, experts and activists.
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European Entrepreneurs CEA-PME (Confédération Européenne des Associations de Petites et Moyennes Entreprises) is the largest confederation of voluntarily associated small and medium-sized enterprises (SMEs) in We are a Brussels-based business federation which currently counts 27 European associations among its members, with more than million enterprises, employing over 20 million people. It maintains relationships with 15 partner associations in Europe, the Americas, Africa, Asia, Australia and New Zealand.
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The Centre for Enterprise Development and Regional Economy (CEDRE) has an excellent internationally reputation for its expertise and knowledge in nurturing the development of entrepreneurship, entrepreneurial regions and regional innovation systems. The Centre, founded in 2004, is part of the Department of Management & Organisation within the School of Business in Waterford Institute of Technology (WIT), Ireland.
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An EU-funded programme that supports EU businesses in the green, digital and healthcare sectors to enter the markets of Japan and the Republic of Korea.The programme organises 10 business missions to Japan and 10 to the Republic of Korea over the next four years. Each business mission will allow a group of 50 cutting-edge companies to benefit from extensive and tailored business coaching and logistical support throughout their participation.
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TCBL is a community of like-minded individuals, labs and companies who are working together on the many elements that will contribute to creating a more circular and sustainable European Fashion, Textile & Clothing sector.TCBL Association is the non-profit that carries forth the Horizon 2020 TCBL Project that ended in 2019.
Open
The European Commission initiated the establishment of a European Advanced Manufacturing Support Centre to help SMEs assess the possibility of adopting both advanced manufacturing solutions as well as social innovation strategies thereby transforming their organization towards next-generation factories with more competitive, modern and sustainable production.
Open
Acavent is a worldwide organizer of scientific conferences, workshops, and exhibitions. Our international company headquarters is based in Vilnius, Lithuania and we already have 10 years of experience in the events industry. Acavent is specialized in creating an academic environment for those who seek new ideas, new achievements, highly skilled academic people, and colleagues all over the world. As a Professional Conference Organizer, Acavent creates, organizes and plans conferences and events in various fields of science. Acavent also offers a thorough list of services required in organizing and holding in-person and online conferences for organizations, companies, and academic institutions. At Acavent, we gather professors, scholars, students, scientists, profit and non-profit organizations, research centers, fast-growing startups, and policymakers, to share ideas, knowledge and skills, to network and foster collaborative interdisciplinary research.
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The Europe-Africa-Caribbean-Pacific Liaison Committee (COLEACP) is a private sector interprofessional association not-for-profit established in 1973 by stakeholders in the international fruit and vegetable trade. COLEACP is a network of companies, professional organisations and experts, committed to inclusive and sustainable agriculture. Operationally, COLEACP is a technical assistance tool supporting a sustainable and inclusive development of the private sector (SMEs)and the enabling environment (incl. competent authorities) in 50 countries (outside the EU). Since its creation, COLEACP has been managing development projects in the ACP agricultural and food sector, financed by international donors (mainly EU). The overall objective of the current EU programmes (Fit for Market and Fit for Market SPS) is to reduce poverty, improve food security and food safety, and ensure sustainable and inclusive growth by strengthening the agri-food sector in ACP countries. The specific objective is to enable smallholders, farmer groups and organisations,and MSMEs to access domestic, regional and international markets by complying with SPS issues and market requirements, in a sustainable framework.
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ECGI is a global research network and international scientific non-profit association providing a forum for debate and dialogue between academics, legislators, and practitioners, focusing on major corporate governance and stewardship issues. It is a membership organisation open to all those with an interest in corporate governance and stewardship. Its 327* appointed research members publish their work on corporate governance in the ECGI Working Paper Series, a trusted source of global research used by practitioners and academics worldwide. *as at 24 May 2021.
Open
ICONS is a non-profit organization whose mission is to bridge the gap between science and society through science communication, social and business innovation. ICONS supports researchers and innovators in maximising their impacts on society through impactful strategies involving citizens, scientists, investors, policy makers and the media.
Open

Trade SpeakersMore

Trade VideosMore

sme Vytenis Andriukaitis
Vytenis Andriukaitis
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Eurochambres
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trade SME Assembly 2024 – SMEs: Shaping Europe’s Future
SME Assembly 2024 – SMEs: Shaping Europe’s Future
12 Jul 2024
Promoting Enterprise
The SME Assembly 2024 will take place in Budapest, the stunning Hungarian capital, from 18 and 20 November. Hosted by the Hungarian Presidency of the Council of the European Union, the event will feature high-level panels and interviews, expert round tables, interactive workshops, informative masterclasses, and numerous networking opportunities. As the most significant event for SMEs in Europe, the SME Assembly contributes every year to stimulating Europe's enterprises and equipping them with the right tools for the transition towards sustainability and digitalisation. As in previous years, the event will culminate with the prestigious 2024 European Enterprise Promotion Awards (EEPA) ceremony. Stay tuned for more updates as we gear up for the SME Assembly 2024: SME Assembly | Futurium (europa.eu) #SMEAssembly2024 #EEPA2024 #EUSMEWeek
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trade PRAE Awards 2024
PRAE Awards 2024
12 Jul 2024
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Relive the ceremony of the Plastics Recycling Awards Europe 2024 and celebrate the winners. Read more: https://www.prseventeurope.com/prse2024/en/page/winners-2024
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sme Lukas Mandl
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18 Jul 2024
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18 Jul 2024
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Sean Kelly
18 Jul 2024
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trade Energy and climate transition: How to strengthen the EU’s competitiveness?
Energy and climate transition: How to strengthen the EU’s competitiveness?
18 Jul 2024
BusinessEurope
Working with Compass Lexecon, a leading economic consultancy, we assessed how Europe can achieve its climate and energy targets in the most cost-effective way and remain internationally competitive.
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