EUROSTAT - European Union Statistical Office
EUROSTAT - European Union Statistical Office
10/27/2025 | Press release | Distributed by Public on 10/27/2025 04:05
EU domestic production up in 2023
In 2023, domestic production accounted for €33 715 billion (91.5% of the total supply of goods and services in the EU), while imports contributed €3 147 billion (8.5%). This was an increase in domestic production of €1 259 billion (from €32 455 billion, 90.3% of total supply) compared with 2022, while imports fell by €330 billion (from €3 477 billion, 9.7%).
The data suggest that the spike in energy prices led to a higher share of imports in 2022. In 2023, however, the EU's import and domestic production shares returned to their 2021 levels, reflecting a return to levels before the energy crisis.
The highest import dependency ratio was recorded for the industrial products, with a 15.4% share of imports (€1 829 billion in imports value and €10 034 billion in domestic production) in 2023.
This information comes from supply, use, and input-output tables for the EU, published by Eurostat today. This article presents a handful of findings from the more detailed Statistics Explained article on supply and use tables for the European Union and the euro area.
Source dataset: naio_10_cp15
When it came to the use of goods and services, in 2023 nearly half (48.1%) of the products supplied in the EU were used for intermediate consumption, i.e. to produce other goods and services. Final consumption, primarily by households and governments, accounted for 32.1%, while exports and gross capital formation, including investments, made up around 10% of product use each.
The EU supply and use pattern reveals a notable shift in the external trade balance from 2022 to 2023. While imports decreased €330 billion in 2023, partly due to decreasing global energy prices, exports decreased by only €16 billion. As a result, the EU's trade surplus more than doubled, rising from €228 billion in 2022 to €542 billion in 2023.
Strong growth in domestic production, combined with moderate growth in intermediate consumption, led to a €1 048 billion increase in gross value added, reaching a level of €15 545 billion in 2023.
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