Merchandise trade (% of GDP) in European Union was reported at 72.18 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. European Union - Merchandise trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.



European Union - 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.

European Union | World Bank Development Indicators