Euro and dollar’s dominance increased on EU market
Goods imported and exported by the EU can be invoiced in a range of currencies. In 2022, the US dollar was the most used currency for extra-EU imports with a share of half (50%) of all extra-EU imports, while the euro accounted for 42%.
For imports, the share of the dollar increased by 1 percentage point (pp) between 2020 and 2022, while the share of the euro increased by 3 pp.
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