EU exports to Indonesia, Malaysia and Thailand
Copenhagen Economics has been asked to analyse the current trade relations between the EU and Indonesia, Malaysia and Thailand. EU goods exports to the three Asian countries amounted to EUR 39.5 billion in 2017 and supported at least 354,000 jobs in the EU. In addition, we find that:
- A reduction in trade by EUR 2 billion would place at least 18,000 jobs at risk in key sectors across the EU.
- Germany was the EU Member State with the largest exports (EUR 12 billion) to Malaysia, Indonesia and Thailand in 2017.
- France was the EU Member State with the largest share of exports to Indonesia, Malaysia and Thailand in total exports to non-EU countries (3.1%).
- 76% of EU exports of goods to Indonesia, Malaysia and Thailand were concentrated in five sectors in 2017: Machinery and electrical equipment (EUR 14.1 billion), Transport equipment (EUR 6.7 billion), Chemicals incl. pharmaceuticals (EUR 5.0 billion), Measuring instruments (EUR 2.6 billion) and Metals (EUR 1.8 billion).
- In 2017, some of the main export products in these sectors were: Aircraft exports (EUR 3.2 billion) Electronic integrated circuits (EUR 1.2 billion), Computer processors and memories (EUR 676 million) and Cars and other motor vehicles (EUR 384 million).
The study is commissioned by Malaysian Palm Oil Council. Download