(26 June 2017) – According to the Report on Trade and Investment Barriers released today by the European Commission, 372 such barriers were in place at the end of last year in over 50 trade destinations across the world.
European exporters reported a 10% increase in the number of trade barriers they encountered in 2016 alone.
The 36 obstacles created in 2016 could affect EU exports that are currently worth around €27 billion.
The Trade and Investment Barriers Reports are published annually since the beginning of the 2008 economic crisis. This year’s edition is fully based on concrete complaints received by the Commission from European companies.
These complaints concern a wide range of products covering everything from agri-food to shipbuilding industries.