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European Union Member State Import and Export Metrics
Government & Civic Records
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About
Tracking the movement of goods and services across international borders provides a vital lens for observing the economic health of the European Union. These records offer a detailed perspective on trade flows between EU Member States and third-party countries over nearly fifty years. By monitoring both exports and imports, the data helps stakeholders understand trade balances, the volume of exchanges, and the direction of trade between specific nations. This historical archive is essential for identifying long-term economic shifts and evaluating the effectiveness of international trade policies within the European market.
Columns
- frq: The frequency at which the trade data is observed and recorded.
- unit: The specific unit of measurement used for the trade values, such as currency or volume.
- na_itm: The national accounts item identifier, distinguishing between exports and imports of goods and services.
- geo\TIME_PERIOD: A unique identifier for each entry that combines the geographic location of the reporting country and the specific observation period.
- 1975 — 2023: Individual annual columns representing the numerical trade value for each year across the five-decade span.
Distribution
The information is delivered in a CSV file titled
estat_nama_10_exi.csv with a file size of approximately 794.51 kB. The collection features a total of 70,532 data points, with 3,288 valid records per year slice, representing a 100% validity rate with no missing or mismatched entries for the recorded metrics. Updates to the records are provided on an annual basis to incorporate the latest trade figures.Usage
This resource is ideal for conducting historical economic analysis to trace the evolution of the European Union's global market position. It is well-suited for building forecasting models to predict future trade trends based on nearly half a century of established data. Additionally, researchers can use the records to perform comparative studies between different Member States or to evaluate the impact of shifting international relations on trade volumes with third countries.
Coverage
The geographic scope includes all current European Union Member States and their trading partners outside the EU, referred to as third countries. Temporally, the records provide a deep historical perspective starting in 1975 and continuing through to 2023. This thorough timeline ensures that users can observe economic changes across various decades and geopolitical eras.
License
CC BY-SA 4.0
Who Can Use It
Economic researchers and academics can leverage these records to study the long-term effects of trade liberalisation and policy changes. Policy makers and government analysts might utilise the trade balance data to inform future negotiations and economic strategies. Furthermore, data scientists and business analysts can find this a valuable primary source for intermediate-level deep learning and time-series analysis using tools like Keras.
Dataset Name Suggestions
- Eurostat EU and Third Country Trade Archive (1975-2023)
- European Union Member State Import and Export Metrics
- Long-Term International Trade Flows: EU and Non-EU Partners
- Eurostat Historical Trade Balance and Economic Indicator Index
- EU External Trade and Goods Exchange Data (nama_10_exi)
Attributes
Original Data Source: European Union Member State Import and Export Metrics
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