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Export Opporutnities - The European Union

Export opportunities – The European Union

Export Opportunities – The European Union – General information

Export opportunities in the European Union.

The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe. The union has a total area of 4,233,255.3 km2 and an estimated total population of about 447 million. The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the third largest economy in the world in nominal terms, after the United States and China, and the third one in purchasing power parity terms, after China and the United States.

There are 24 EU official languages. Supporting communications in so many languages means that citizens can access and better understand the EU laws that affect them. The euro is the official currency for 19 of the 27 EU member countries. Most of Europe uses three standard time zones. From west to east the time zones are Western European Time (WET) which is UTC/GMT +0, Central European Time (CET) which is UTC/GMT+1 and Eastern European Time (EET) which is UTC/GMT +2.

Export Opportunities – The European Union – Economy

By sector:

Agriculture -1.5 %

Industry – 25.4 %

Services – 73.1%

Export opportunities

Export opportunities- The European Union. Sell your products in Budapest’s famous market.

Export Opportunities – The European Union – Main exports and imports

European Union main exports by category:

  • Machinery including computers
  • Pharmaceutical products
  • Motor vehicles
  • Chemical products
  • Electrical machinery, equipment
  • Plastics, plastic articles
  • Perfumes, cosmetics
  • Articles of iron or steel

European Union main imports by category:

  • Electrical machinery, equipment
  • Machinery including computers
  • Vehicles
  • Organic chemicals
  • Mineral fuels including oil
  • Optical, technical, medical apparatus
  • Plastics, plastic articles
  • Furniture, bedding, lighting , signs, prefab buildings

Export Opportunities – The European Union – Trade Information

European Union ’s major international trade partners are, United States, Italy, United Kingdom, China, Russia, Turkey, South Korea and Norway.

European Union  is a member of the, WTO, G7, G20 and others.

Total value of export – $ 7, 102 billion

Total value of imports – $ 6, 650 billion

 Tip: The Netherlands and Germany are big importers of fruit and veg.

Export Opportunities – The European Union – Exporting to the EU

You can register your business FREE of charge on blackcat360.com to build your export sales.

Some ways to build your European Union export sales:

Internet; build an effective online presence with an international standard website in multiple languages including the languages of the EU countries you are specifically targeting. Have clear and easy navigation, great copywriting, strong visual, product information and calls to action. Combine this with professional search engine optimization so you rank for your targeted keywords on Google.

List your company and products on blackcat360.com – listing is FREE , takes only 5 minutes and will produce enquiries.

Sector associations and Chambers of Commerce offer member list and email lists for purchase. If you participate in a sector association, a buyer can find you. Likewise, you can find buyers in sector association member lists via email or calling.

Trade fairs are important meeting places for buyers and suppliers. Visiting a trade fair will give you the chance to talk to potential buyers in person, and exhibiting will of course give you even more visibility. As a first step, however, you can also use the exhibitors list posted on the trade fair websites to find potential buyers in your sector. •

Trade missions are a good means of meeting potential buyers for your products with groups of companies traveling together to meet potential buyers.

Social media and social media campaigns are a great way of meeting potential customers and are often free to use. The most useful media is likely to be Linkedin, Facebook and Twitter but you should explore all options for your products. You can find buyers by connecting with people, joining groups and posting your products there or by searching for leads. You should also consider a professional social media campaign developed by a professional.

More useful information on export opportunities to the European Union and how to find new customers in the EU can be found here: https://www.cbi.eu/sites/default/files/2020-12/export_to_europe_guide.pdf

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Export Opportunities – The European Union

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