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N° 2009-11 |
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| June 2009 |
| Evolution of EU and its Member States' Competitiveness in International Trade |
Louise Curran
Soledad Zignago |
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| After a long period of domination by the industrialised countries of the North, international
trade is today driven by the dynamism of developing countries. This work seeks to analyse
how the EU is performing in the light of this emerging competitive threat, by comparing the
EU’s export performance on the world market with that of its key competitors between 1995
and 2004. The figures show that the EU has performed particularly well in the more upmarket,
expensive and high tech levels of the market. Most notably, Europe is the market
leader in up-market products, with almost 31% of the world market in 2004 (versus 20% of
the market for all goods). In addition, there is evidence that the EU’s recent enlargement has
helped it to maintain a strong performance, thanks to an increasing division of labour within
the region. The new member states have become important suppliers of intermediate goods to
key EU producers, and in particular German firms, thus becoming increasingly vital to EU
competitiveness. |
Non-technical summary  |
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Résumé
non-technique
en français |
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| Full text |
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| EU; competitiveness; market shares; export prices |
Keywords |
| F1 |
JEL classification |
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