Impact of COVID-19 on extra-EU trade in goods: Eurostat analysis

4 June 2020, 09:36

by CECE (Europe)

The restrictive measures adopted after the outbreak of the COVID-19 show their significant impact on extra-EU trade in goods.

According to an analysis of Eurostat, comparing the trade volumes of January and March 2020, the largest decreases were observed for machinery and vehicles (-20%). Similarly, imports of machinery and vehicles dropped by 15%, as portrayed in the chart. Further information can be found here.

Source: CECE - Committee for European Construction Equipment

Impact of COVID-19 on extra-EU trade in goods: Eurostat analysis

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