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Taxation and Customs Union

EU Customs Union – a major trading partner

The EU is one of the largest trading blocs in the world, alongside the United States and China. 

Banner - Customs union in number 2024

The EU 27 member states form a customs union: A common customs duties tariff is applied to imports from outside the EU. However, no customs duties are levied at the borders between EU countries. 

Duties on goods from outside the EU are generally paid when the goods first enter the bloc. From then on, no more customs duties are due, and no more customs checks are conducted - all goods circulate freely within the EU. 

The EU is one of the largest trading blocs in the world.

Linear chart about share of the EU in world trade
Share of the EU in world trade (import and export, 2020-24)
Eurostat

The EU is one of the largest trading blocs in the world, alongside the United States and China.

Pie chat about the main trading partners by imports in 2024.
Main trading partners by imports (2024, Share of goods imports to the EU)
Eurostat
Pie chart about the main trading partners by exports in 2024
Main trading partners by exports (2024, Share of goods exports from the EU)
Eurostat