EU exports contribute to almost half of the European Union's GDP.
72% confidence
EconomyEuropean Union
Omissions
The ~50% figure comes from Eurostat's national-accounts indicator 'Exports of goods and services in % of GDP' (tet00003), which aggregates member states' exports including intra-EU trade; exports destined for non-EU countries are a much smaller share (extra-EU international trade in goods and services was equivalent to 21.4% of EU GDP in 2024, per Eurostat).
The explicit value (49.70%) is reported by a secondary aggregator (Trading Economics) citing Eurostat; the official Eurostat databrowser page confirms the indicator and its definition but no exact value was extractable from the search snippet, and the World Bank indicator page confirms the series exists without an extractable value.
No source published on or before the session date (2026-07-07) was retrieved with the explicit value; the 2025 annual figure (49.7%) was the most recent available for that period.