27/01/17
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Author(s): Malgorzata Galar
Has the EU’s leading position in global trade changed since the crisis?
(555 kB) 
The global crisis has taken its toll on the EU’s prime position in international trade. While the EU still has the largest relative market shares, its position has deteriorated since the crisis, much more so than the US, and its comparative advantage in knowledge-intensive goods has been partly eroded. Concerns have arisen as to whether the EU will be able to keep pace with the changing global environment and maintain its strong position in global value chains. The fact that the EU gained relative market shares in 2013 for the first time in the post-crisis period, provides some reason for optimism.
| KC-AY-14-039-EN-N (online) | |
| ISBN 978-92-79-44935-2 (online) | |
| ISSN 1831-4473 (online) | |
| doi: 10.2765/416304 (online) |
ECFIN economic briefs are occasional working papers by the European Commission’s Directorate-General for Economic and Financial Affairs which provide background to policy discussions.
Competing within global value chains
EU trade negotiations from a global value chain perspective
Securing European competitiveness in a global perspective
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