Euro and US dollar dominate extra-EU trade in 2024
In 2024, the euro was the most used currency for extra-EU exports, with a 51.7% share. It was followed by the US dollar at 31.4%, currencies of EU countries other than the euro at 3.0%, and other currencies at 13.4%.
In 20 of the 27 EU countries, the euro was the most used currency for extra-EU exports of goods in 2024. The highest shares were recorded in Slovenia (91.1%), Croatia (82.8%), and Lithuania (75.0%).
In 6 EU countries, the US dollar was the most used currency for exports. Among these, shares above 50% were recorded in Cyprus (69.0%), Ireland (68.9%) and Greece (52.7%).
The share of EU currencies other than the euro was particularly high in Sweden (58.7%), Bulgaria (25.1%) and Denmark (24.0%), primarily due to the use of their own national currency.
Source dataset: ext_lt_invcur
The US dollar was the most used currency for imports in 2024, with a share of 51.1%, followed by the euro at 39.7%. Currencies of EU countries other than the euro accounted for 1.6%, and other currencies for 7.0%.
In 2024, the US dollar was the dominating currency for extra-EU imports of goods in 18 of the 27 EU countries. The share of the US dollar in extra-EU imports was the highest in Lithuania (65.5%), the Netherlands (63.8%) and Finland (63.5%).
In the remaining 9 EU countries, the euro was the most used currency for imports, with the highest shares in Slovenia (82.8%), Latvia (65.2%) and Slovakia (65.1%).
Currencies of EU countries other than the euro reached double digits in Czechia (23.9%) and Denmark (12.3%).
Source dataset: ext_lt_invcur
For more information
- Statistics Explained article on extra-EU trade by invoicing currency
- Thematic section on international trade in goods
- Database on international trade in goods
Methodological notes
- Data on trade by invoicing currency is collected by using the customs declarations.
- Due to rounding, the total currency shares in the article may not add up to 100%.
- 20 EU countries have replaced their national currencies with the euro: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. National currencies are used in Bulgaria, Czechia, Denmark, Hungary, Poland, Romania and Sweden.
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