In 2021, the EU experienced an increase in employment supported by exports to non-EU countries, with 30.4 million individuals finding their livelihood through this channel, marking a 1.7% rise from the previous year. This figure represents 15% of total employment in the EU, highlighting the significant role of export-supported jobs in the region’s economy.
Germany led the way with the highest absolute level of employment supported by EU exports, at 6.9 million people, followed by France and Italy. However, in relative terms, Ireland, Luxembourg, and Bulgaria had the highest proportions of employment supported by exports to non-EU countries, while Croatia, France, and Greece recorded the lowest shares.
The value added by extra-EU exports reached €2.226 billion in 2021, equivalent to 17% of the total value added created in the EU. Germany, France, and Italy stood out as the highest contributors to this value. Despite this, Ireland and Luxembourg boasted the highest proportions of value added supported by EU exports, while Croatia and Portugal had the lowest shares.
These results were obtained from the FIGARO tables, highlighting the in-depth analysis conducted to understand the intricate dynamics of export-supported employment and value added. It’s essential to comprehend that these conclusions pertain exclusively to exports to non-EU countries, with intra-EU trade not being factored into the analysis.
The impact of EU exports on employment extends not only to enterprises directly involved in exporting but also to those providing goods and services that support export production. This ripple effect demonstrates the interconnectedness of the EU economy and underlines the significance of export activities to sustaining employment across various sectors and industries.
For a deeper understanding of the intricacies behind these statistics and their implications, readers may refer to the detailed articles and databases available on Statistics Explained. The insights derived from these analyses can offer valuable perspectives for policymakers, businesses, and researchers seeking to enhance their understanding of the interplay between exports, employment, and value added in the EU.
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