EUROSTAT - European Union Statistical Office

01/27/2025 | Press release | Distributed by Public on 01/27/2025 04:05

How much do EU foreign affiliates generate in net turnover

In 2022, EU market producer enterprises controlled by countries outside the EU generated a net turnover of €5 657 billion, equivalent to 14.7% of all net turnover generated by EU enterprises (€38 494 billion).

At the same time, enterprises outside the EU, controlled by an EU resident institutional units, generated €6 526 billion of net turnover.

Enterprises in the United States contributed with the highest share (€2 030 billion, 31.1%) followed by the United Kingdom (€770 billion, 11.8%), China (€570 billion, 8.7%), Mexico (€190 billion, 2.9%), Canada (€181 billion, 2.8%) and Australia (€132 billion, 2.0%).

Source dataset: fats_out_part

When it came to net turnover generated by enterprises in the EU controlled by countries outside the EU, the United States also accounted for most of the share (€2 474 billion, 43.7%). The United Kingdom came second (€900 billion, 15.9%), ahead of Switzerland (€580 billion, 10.3%), Japan (€429 billion, 7.6%), South Korea (€156 billion, 2.8%), China (€150 billion, 2.7%) and Norway (€140 billion, 2.5%).

Source dataset: fats_ctrl

Drop in activities of EU enterprises controlled by Russia

In 2022, there was a fall in net turnover of Russian enterprises controlled by EU countries, corresponding to a 20% decrease compared to 2021. EU-controlled enterprises in Ukraine generated 34% less in net turnover in 2022 compared to 2021.

The number of enterprises in the EU controlled by institutional units resident in Russia dropped by 11% in 2022 compared with 2021. This led to a decrease in net turnover by 6%. On the other hand, there was an increase in the number of enterprises in the EU (+8%) controlled by institutional units resident in Ukraine, resulting in a net turnover growth of 12%.

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