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    Home » Euro, US dollar dominate extra-EU trade in 2024

    Euro, US dollar dominate extra-EU trade in 2024

    eub2eub211 June 2025 Finance
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    The euro was the most used currency for extra-EU exports in 2024, with a 51.7 per cent, according to figures released by Eurostat, the EU’s statistics agency.

    Euro dollar - Photo by cottonbro studio on Pexels

    It was followed by the US dollar at 31.4%, currencies of EU countries other than the euro at 3.0%, and other currencies at 13.4%. 

    In 20 of the 27 EU countries, the euro was the most used currency for extra-EU exports of goods in 2024. The highest shares were recorded in Slovenia (91.1%), Croatia (82.8%), and Lithuania (75.0%). 

    In 6 EU countries, the US dollar was the most used currency for exports. Among these, shares above 50% were recorded in Cyprus (69.0%), Ireland (68.9%) and Greece (52.7%). 

    The share of EU currencies other than the euro was particularly high in Sweden (58.7%), Bulgaria (25.1%) and Denmark (24.0%), primarily due to the use of their own national currency.

    Extra-EU exports by invoicing currency - Eurostat

    The US dollar was the most used currency for imports in 2024, with a share of 51.1%, followed by the euro at 39.7%. Currencies of EU countries other than the euro accounted for 1.6%, and other currencies for 7.0%. 

    In 2024, the US dollar was the dominating currency for extra-EU imports of goods in 18 of the 27 EU countries. The share of the US dollar in extra-EU imports was the highest in Lithuania (65.5%), the Netherlands (63.8%) and Finland (63.5%). 

    In the remaining 9 EU countries, the euro was the most used currency for imports, with the highest shares in Slovenia (82.8%), Latvia (65.2%) and Slovakia (65.1%).

    Currencies of EU countries other than the euro reached double digits in Czechia (23.9%) and Denmark (12.3%).

    Extra-EU imports trade by invoicing currency - Eurostat

    Statistics Explained article on extra-EU trade by invoicing currency – Eurostat

    Thematic section on international trade in goods

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