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Maritime Trade and Transport - HWWI

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of the world (extra-EU trade), while the movement of goods among the EU member states<br />

is considered internal foreign trade (intra-EU trade). A consideration of the external <strong>and</strong> internal<br />

foreign trade of the EU-25 shows that that extra-EU trade has become less significant<br />

since 1980 than intra-EU trade, although this proportion has not shifted much since<br />

1990. In 2004, the internal exchange of goods accounted for approximately two thirds of<br />

overall foreign trade on the part of the EU-25 <strong>and</strong> was thus approximately twice as high as<br />

the share of extra-EU trade (see Fig. 4).<br />

Shares of intra- <strong>and</strong> extra-EU trade of the EU-25 in world trade<br />

<strong>and</strong> in total trade of the EU<br />

World trade <strong>and</strong> EU trade<br />

1980<br />

World trade<br />

1990 1995 2000 2003 2004<br />

(US $ mn)<br />

EU-25 trade<br />

2,033,075 3,493,575 5,168,919 6,435,732 7,490,263 8,975,589<br />

(US $ mn)<br />

Share EU/World<br />

821,020 1,547,400 2,174,943 2,438,907 3,096,873 3,623,090<br />

(in %) 40.4 44.3 42.1 37.9 41.3 40.4<br />

Intra-EU <strong>Trade</strong><br />

1980 1990 1995 2000 2003 2004<br />

Intra-EU-25<br />

(US $ mn)<br />

Intra-EU/World<br />

483,141 1,022,932 1,385,805 1,618,916 2,101,503 2,440,655<br />

(in %)<br />

Intra-EU/EU<br />

23.8 29.3 26.8 25.2 28.1 27.2<br />

(in %) 58.8 66.1 63.7 66.4 67.9 67.4<br />

Extra-EU <strong>Trade</strong><br />

1980 1990 1995 2000 2003 2004<br />

Extra-EU-25<br />

(US $ mn)<br />

Extra-EU/World<br />

337,879 524,468 789,138 819,991 995,370 1,182,435<br />

(in %)<br />

Extra-EU/EU<br />

16.6 15.0 15.3 12.7 13.3 13.2<br />

(in %) 41.2 33.9 36.3 33,6 32.1 32.6<br />

Fig. 4<br />

Source: UNCTAD (2005a).<br />

Berenberg Bank · <strong>HWWI</strong>: Strategy 2030 · No. 4<br />

15

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