(27 November 2018) – Two new studies published today by the European Commission highlight the increasing importance of EU exports for job opportunities in Europe and beyond.
EU exports to the world are more important than ever, supporting 36 million jobs across Europe, two thirds more than in 2000. 14 million of these jobs are held by women. In addition, EU exports to the world generate €2.3 trillion of value added in the EU.
Exports create and support jobs all across the EU, and the numbers are increasing. The highest increases have been seen since 2000 in Bulgaria (+312%), Slovakia (+213%), Portugal (+172%), Lithuania (+153%), Ireland (+147%), Estonia (+147%) and Latvia (+138%).
The figures released today highlight an important positive spillover effect from exports to the world. When EU exporters in one Member State do well, workers in other Member States also benefit.
This is because firms providing goods and services along the supply chain also gain when their end-customer sells the final product abroad. To give an example, French exports to the rest of the world support around 627,000 jobs in other EU Member States.