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This infographic provides an insight into the economic performance of Mexico compared to the EU, and looks at the trade dynamics between them. Mexico’s GDP per capita, unemployment rate, female labour force participation, and FDI have remained relatively stable since 2006, with slight increases, whereas remittances have increased more markedly. EU trade with Mexico has increased significantly since 2006, most notably trade in goods. This is dominated by trade in mechanical appliances and electrical ...

This infographic showcases major economic indicators for the six Western Balkan (WB) countries that are at various stages on the path towards the EU. All six exhibit a relatively consistent rise in GDP per capita, and they also show similar trends in falling unemployment rates. The female labour force participation rate hovers around 50 % (except for Bosnia and Herzegovina and North Macedonia, with lower rates), similar to the EU. EU trade in goods (imports and exports) with the Western Balkans has ...

Our infographic provides an insight to the uneven economic development of Mercosur countries and to the dynamics of EU-Mercosur trade relations in the past 15 years. Smaller economies like Paraguay and Uruguay seemed to be more resilient to economic hardships than their bigger neighbours, both in terms of GDP growth and unemployment. Although trade of goods between the EU and Mercosur countries have quickly recovered by 2021 after the Covid-19 pandemic, it has still not reached peak levels that had ...

In December 2020, the European Commission proposed the creation of the EU-US Trade and Technology Council (TTC), to facilitate trade, expand investment, develop compatible standards, boost innovation and strengthen the partners' technological and industrial leadership. The TTC also aims to 'lead values-based digital transformation'. Meanwhile, trade between the EU and US continues and is as important as ever, manifested in the fact that, together, they form the largest bilateral economic relationship ...

EU trade and transport of live animals

De un vistazo 07-02-2020

Every year, millions of live animals are transported within and outside European Union (EU) territory for trade purposes. EU legislation regulates the protection of animals during transport, but reports of breaches of the rules and accidents raise doubts on the transport of live animals and have rekindled the debate on the need to improve the current legislation.

Which economy grew faster over the past 15 years – the EU or Indonesia? How many Indonesian women have a job, and what is the unemployment rate? Which country is Indonesia's biggest trading partner? What kind of products does the EU import from Indonesia? How does Indonesia compare with the global average in terms of human development, income inequality and corruption? You can find the answers to these and other questions in our EPRS publication on Indonesia: economic indicators and trade with EU ...

Living in the EU: The Economy

De un vistazo 30-04-2019

While economic policies are mainly managed at national level, the European Union (EU) and its Member States (MS) annually coordinate national economic policies, budget, and macroeconomic as well as structural reforms within the European Semester. To design economic policies that shape European wellbeing, measuring the prosperity of people and MS is an important starting point for responses to the financial and economic crises that have strongly affected debt levels and the sustainability of public ...

Fruit and vegetables accounted for approximately 14 % of the total value of the EU's agricultural production in 2018. This is a fundamental sector for many EU Member States, especially those where it is particularly well developed, such as in the Mediterranean region and in some northern and eastern European countries. Moreover, all EU Member States produce at least a few types of fruit and vegetables. Apples and tomatoes are the main products of the richly diversified produce of the EU's fruit and ...

China is an important strategic partner for the EU, despite fundamental divergences in some areas, mostly related to state intervention and fundamental human rights. The partnership offers mutually beneficial cooperation and dialogue in areas ranging from investment and transport to human rights and cybersecurity. China is navigating in new directions, guided by Xi Jinping's 'Thought on Socialism with Chinese Characteristics for a New Era’. Despite President Xi’s repeated avowals that 'the market ...

In early 2014, Russia violated international law by annexing Crimea and allegedly fomenting separatist uprisings in the eastern Ukrainian region of Donbas. The European Union, the United States and several other Western countries responded with diplomatic measures in March 2014, followed by asset freezes and visa bans targeted at individuals and entities. In July 2014, sanctions targeting the Russian energy, defence and financial sectors were adopted. These sanctions have not swayed Russian public ...