October 2011
European Union (27)
                         
BASIC INDICATORS
Population (thousands, 2010)  502 088 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010) 16 222 201 Merchandise  - -
GDP (million current PPP US$, 2009) 15 617 685 excluding intra-EU trade 1 1
Current account balance (million US$, 2010) - 125 186 Commercial services - -
Trade per capita (US$, 2008-2010)  10 080 excluding intra-EU trade 1 1
Trade to GDP ratio (2008-2010)   29.8
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   104 1 -4 2
Exports of goods and services (volume, 2005=100)   113 3 -12 10
Imports of goods and services (volume, 2005=100)   112 2 -12 9
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget -
Trade Policy Review 6, 8 July 2011 Import duties collected (%, 2007-2009)
GPA accession  1 January 1996 in total tax revenue 0.6
Tariffs and duty free imports to total imports 1.1
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   16
Simple average of import duties Goods RTAs - services EIAs notified to WTO 30 - 9
All goods   5.0   5.1 Anti-dumping (30 June 2010) 149
Agricultural goods (AOA)   12.3   12.8 Countervailing duties (30 June 2010) 8
Non-agricultural goods   3.9   4.0 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   4.8   4.7 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 85 - 70
in agricultural goods (AOA)   41.1 Original panel / Appellate Body (AB) reports 33 - 32
in non-agricultural goods   51.4 Compliance panel / AB reports (Article 21.5 DSU) 4 - 4
Services sectors with GATS commitments   115 Arbitration awards (Article 22.6 DSU) 4 - 3
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$) 1 788 075 6 -21 17
Merchandise imports, c.i.f. (million US$) 1 990 884 6 -27 18
2010   2010
Share in world total exports    15.06 Share in world total imports  16.54
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   7.2 Agricultural products 7.7
Fuels and mining products   8.2 Fuels and mining products 30.2
Manufactures   81.1 Manufactures 60.0
  By main destination   By main origin
1. United States   18.0 1. China   18.9
2. China   8.4 2. United States   11.4
3. Switzerland   7.9 3. Russian Federation   10.4
4. Russian Federation   6.4 4. Switzerland   5.7
5. Turkey   4.5 5. Norway   5.3
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  685 211   7 -14 5
Commercial services imports (million US$)  590 018   7 -13 4
2010   2010
Share in world total exports   24.39   Share in world total imports 21.88
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   24.6   Transportation 24.3
Travel   14.1   Travel 19.6
Other commercial services   61.3   Other commercial services 56.1
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office Trademark registrations by office, 2009
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
- - - ...  76 490  12 001  88 491