1. Introduction. 2. Exports of all products. 3. Imports of all products. 4. Revealed comparative advantage. 5. Exports comparative advantage index

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2 1. Introduction 2. Exports of all products 3. Imports of all products 4. Revealed comparative advantage 5. Exports comparative advantage index 6. Imports comparative advantage index 7. Concluding remarks

3 Comparing the European Union trades Exports Intra Regional: Exports of EU members to each other Extra Regional (Non-EU, NAFTA, EFTA): Imports Exports of EU members to non-eu members Intra Regional Imports of EU members from each other Extra Regional (Non-EU, NAFTA, EFTA): Imports of EU members from non-eu members

4 High level of Intra regional exports of all products in the EU Exports of all products in billions of USD Exports to partner, percentages 80% 70% 60% An intra regional 50% exports of all 40% 30% products twice of 20% extra regional 10% 0% exports of total exports NAFTA EFTA EU Non-EU

5 Higher increase of intra regional exports since 1999 than extra regional exports. Higher decrease of intra regional exports in the recession of Change of total exports to partner country in USD billions ,0-0,5 0,0 0,5 1,0 1,5 2,0 Non-EU EU EFTA NAFTA Decreased share of intra regional exports to total exports since 1999 and recession. Increased share of exports to EFTA to total exports in the recession ,03-0,02-0,02-0,01-0,01 0,00 0,01 Change of total exports to partner country share to total exports in points EU EFTA NAFTA

6 4 High level of Intra regional imports of all products in the EU Imports of all products in billions of USD % An intra regional imports of all products less than twice of extra regional imports Imports to partner, percentages of total exports 60% 50% 40% 30% 20% 10% 0% NAFTA EFTA EU Non-EU

7 Higher increase of intra regional imports since 1999 than extra regional imports. Higher decrease of intra regional imports in the recession of Change of total imports to partner country in USD billions Non-EU EU EFTA NAFTA -1,0-0,5 0,0 0,5 1,0 1,5 Change of total imports to partner country share to total imports in points Decreased share of intra regional imports to total imports since 1999 and in the recession. Increased shares of imports to EFTA and NAFTA to total exports in the recession ,04-0,03-0,02-0,01 0,00 0,01 EU EFTA NAFTA

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9 Comparative advantages of intra regional exports in: Food and live animals Crude materials Animal and vegetable oils Manufactured Comparative Advantage Index 2,50 2,00 1,50 1,00 0,50 0,00 goods Comparative disadvantages of intra regional exports in: Beverages and tobacco Chemical and related products Machinery and transport

10 Miscellaneous manufactured articles Machinery and transport equipment Manufactured goods Chemicals and related products, n.e.s. Animal and vegetable oils, fats and waxes Mineral fuels, lubricants and related materials Crude materials, inedible, except fuels Beverages and tobacco Food and live animals Increase of Comparative advantage of intra regional exports in: Food and live animals Beverages and tobacco Animal and vegetable oils, fats and waxes Chemicals and related products Miscellaneous manufactured articles Decrease of Comparative advantage of intra regional exports in: Crude materials, inedible, except fuels Mineral fuels, lubricants and related materials Manufactured goods Machinery and transport -0,4-0,2 0,0 0,2 0,4 0,6 0,8 1,0 Changes of Export Comparative Advantage Indix

11 Comparative disadvantages of intra regional imports in only: Crude Comparative Advantage Index 3,50 3,00 2,50 2,00 1,50 1,00 materials, 0,50 0,00 inedible, except fuels Mineral fuels, lubricants and related materials Miscellaneous manufactured articles

12 Commodities and transactions, n.e.s. Miscellaneous manufactured articles Machinery and transport equipment Manufactured goods Chemicals and related products, n.e.s. Animal and vegetable oils, fats and waxes Mineral fuels, lubricants and related materials Crude materials, inedible, except fuels Beverages and tobacco Food and live animals ,4-0,2 0,0 0,2 0,4 0,6 0,8 1,0 1,2 Changes of Comparative Advantage Indix Increase of Comparative advantage of intra regional imports in all cases except: Miscellaneous manufactured articles

13 Higher intra regional exports than extra regional in the EU Continues increase of intra regional exports Higher intra regional imports than extra regional in the EU Continues increase of intra regional imports Various comparative advantage indces in exports and imports of different products Increase of comparative advantage index of some specific products since 1999 in the EU Specialization in production and exports of specific products in the EU