05/27/2026 | Press release | Distributed by Public on 05/27/2026 05:44
On 27 May 2026, the Member States of the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland) launched the EFTA Free Trade Dashboard in Brussels during their annual workshop on preference utilisation.
The new interactive platform - the first dynamic portal of its kind - replaces the EFTA FTA Monitor, published since 2021 annually. Through the Dashboard, EFTA tracks nearly USD 70 billion in trade with its free trade agreement (FTA) partners. The Dashboard makes this information accessible to the public, providing users with data-driven insights into the use of tariff preferences in trade in goods under both EFTA FTAs and bilateral trade agreements.
Developed using import data received from the EFTA States and their partners, the Dashboard reflects close statistical cooperation. It marks a milestone in efforts to make the benefits of FTAs more tangible to the wider public through the monetisation of tariff savings. Aggregated information on trade regimes, tariff savings and untapped opportunities, alongside detailed data on selected products, provides an unprecedented level of transparency for economic operators and other interested stakeholders.
As tariff preferences are not applied automatically, the Dashboard highlights where economic operators may identify opportunities to improve the utilisation of tariff preferences when preferential market access under an FTA is more advantageous than most-favoured-nation treatment. The Dashboard also displays the openness of the EFTA States with an impressive 97.7% of total imports entering duty-free from their FTA partners.
The EFTA Free Trade Dashboard goes beyond statistical reporting. It demonstrates the tangible impact of trade liberalisation, thereby promoting closer economic cooperation, and underlines EFTA's continued commitment to a transparent, predictable and rules-based trading system that supports shared prosperity.
The launch of the Dashboard reaffirms EFTA's efforts to make FTAs more accessible and understandable for businesses, policymakers and the wider public, while encouraging the effective use of trade preferences.
The workshop also provided the opportunity for trade practitioners working on preference utilisation to meet and exchange experiences, discuss future avenues of work and share best practices in the dissemination of information, with participants including trade practitioners from Australia, Canada, the European Union, Japan and the United Kingdom.
For more information on the EFTA Free Trade Dashboard and EFTA's free trade network, please consult pu.efta.int.