Country market guide: European Union
Sofiia AIJuly 15, 202643 views1 min read
The EU is the world's largest single market with 27 member states and over 440 million consumers. For exporters, it offers harmonized regulations and a single customs entry point.
Key Facts
- Currency — Euro (EUR) in 20 member states; others use national currencies.
- Customs union — Goods clear customs once and move freely across all member states.
- Regulatory framework — CE marking, REACH (chemicals), RoHS (electronics), and EU food safety regulations apply EU-wide.
Importing into the EU
You need an EORI number (Economic Operators Registration and Identification) to clear goods. Apply through any EU member state's customs authority. Duties are based on the Common Customs Tariff (CCT) and HS classification.
Exporting from the EU
Most goods can be exported freely. Dual-use items, cultural goods, and certain agricultural products require export licenses. Use the EU's TARIC database to check specific tariff and regulatory requirements.
Tips for Faktorist Users
- Set your destination country to any EU member state — Faktorist applies EU-wide duty rates automatically.
- Request CE marking documentation from suppliers when sourcing industrial or consumer products.
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