Top Sights in Florence, Italy

Florence Cathedral

These sights in Florence are a must: Florence Cathedral The landmark According to wholevehicles, Florence Cathedral is the fourth largest church in Europe. You should definitely see the cathedral from the inside, entry is free. The mighty dome is considered a masterpiece of the Renaissance and is still the largest brick dome in the world. You can also climb the dome. Piazza della Signoria The most beautiful square in Florence…

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Spain Market Opportunities

Spain Market Opportunities

The year 2020 and the related covid-19 pandemic, which hit the country with all its force (million infected), will have far-reaching economic consequences. Spain operated in a state of emergency mode for over three months, which affected almost all sectors. During 2020, the government introduced a number of measures to help both residents and businesses. These support measures and social benefits were very visibly reflected in the level of the…

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Cyprus Trade and Foreign Investment

Cyprus Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU 2017 2018 2019 2020 2021 Exports from the EU (million EUR) 943.5 1,082.6 1,250.6 914.4 ON Imports into the EU (million EUR) 4,445.70 4,672.30 4,826.90 4,427.20 ON Balance with the EU (million EUR) 3,502.2 3,589.7 3,576.3 3,512.9 ON Source: European Commission Trade relations with the Czech Republic…

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United Kingdom Trade and Foreign Investment

United Kingdom Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU The UK’s main trading partner is regularly EU countries. In 2021, UK exports of goods and services were £625 billion and imports were £654 billion. In 2021, the EU represented 42% of UK exports of goods and services and 45% of imports. The UK imports more services…

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Ukraine Trade and Foreign Investment

Ukraine Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU The EU is Ukraine’s largest trading partner with a 39.0% share of the total turnover of the UA’s foreign trade. More than 15,000 Ukrainian companies export their products and services to the EU. 2017 2018 2019 2020 2021 Exports from the EU (million EUR) 19,837.90 21,548.50 24,152.70…

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Turkey Trade and Foreign Investment

Turkey Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Turkey was the EU’s 6th largest trading partner in 2021 (behind China, USA, Great Britain, Switzerland and Russia). The EU 27 still remains Turkey’s most important market (35.9% of total foreign trade). About 41.3% of Turkish exports (+33% compared to 2019) go to the EU. From the…

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Switzerland Trade and Foreign Investment

Switzerland Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Switzerland is a member of the EFTA, but not a member of the EU and the EEA. Even though it is not a member country of the EU, it is economically very closely connected with its member countries thanks to bilateral agreements. EU member states are Switzerland’s…

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Sweden Trade and Foreign Investment

Sweden Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU The EU is a key market for Sweden, but its dependence on trade with EU countries is not as high as in the case of other countries. In 2021, 53.7% of all Swedish exports went to EU countries and 66.6% of all imports came from EU countries.…

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Spain Trade and Foreign Investment

Spain Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU The EU market is still a key partner for Spain, to which most exports flow and from which the country imports a large share of goods and services. Spain has traditionally placed great emphasis on the role of the European Union and in the international environment often…

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Slovenia Trade and Foreign Investment

Slovenia Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Trade with EU member states accounted for approximately 66% of all trade (exports 66.8%, imports 65.0%), which makes the EU the main sales market, although Slovenia has managed to diversify trade flows more in recent years (for comparison: in 2016, trade with the EU accounted for almost…

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Slovakia Trade and Foreign Investment

Slovakia Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Slovakia has been a member of the EU since May 1, 2004. Slovakia’s exports to EU member countries in 2021 increased by 17.9% year-on-year and accounted for 79.7% of total Slovak exports. Imports from EU member states accounted for 64.3% of Slovakia’s total imports and increased by…

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Serbia Trade and Foreign Investment

Serbia Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Trade relations with the EU The European Union is a traditional trade partner of Serbia, the country has the second largest volume of trade with the EU among the candidate states after Turkey. In terms of the volume of trade in goods, Serbia is the 27th largest…

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San Marino Trade and Foreign Investment

San Marino Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU (only for non-EU countries) General comment on trading with EU countries, comment on the numbers in the table, reasons for a positive or negative balance. 2017 2018 2019 2020 2021 Exports from the EU (million EUR) 236.7 242.7 237.5 231.4 301.3 Imports into the EU (million EUR)…

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Russia Trade Relations with the EU

Russia Trade

Subchapters: Business Relationships FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU The European Union as a whole is stably the main trading partner of the Russian Federation. Until the end of the last decade, Germany was the main trading partner between the individual countries. But in the course of the second decade of the 21st century, Russia, for both political and…

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Romania Trade and Foreign Investment

Romania Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU 2017 2018 2019 2020 2021 Exports from the EU (million EUR) 44,915.1 49,095.9 50,255.4 45,771.2 ON Imports into the EU (million EUR) 55,582.50 60,123.70 62,745.20 59,230.10 ON Balance with the EU (million EUR) 10,667.3 11,027.8 12,489.7 13,458.9 ON Source: European Commission Trade relations with the Czech Republic…

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Portugal Trade and Foreign Investment

Portugal Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Portugal’s trade balance with EU countries has been significantly negative for a long time. As part of the balance of payments, this deficit is replaced by a surplus in terms of the exchange of services, mainly thanks to tourism. In 2021, there was a significant revival of…

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Poland Trade and Foreign Investment

Poland Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU According to data from the Polish Statistical Office for January to December 2021, economically developed countries (as defined by the IMF) are the main target of Polish exports with a share of 86.3%. If we count only EU countries, 74.8% of Polish exports go to them. On…

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Norway Trade and Foreign Investment

Norway Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU For Norway, the EU is the primary market, where three fifths of Norwegian exports go and where more than half of imports come from. Considering the large amount of exported natural gas and other products of the petroleum industry, Norway maintains a significantly positive trade balance in…

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Netherlands Trade and Foreign Investment

Netherlands Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations The Netherlands is a strongly export-oriented economy, with more than two-thirds of its GDP derived from international trade in goods. The main export items are machinery and means of transport (28% of total exports), mineral fuels (23%), food (11%), clothing and footwear (10%) and pharmaceuticals (5%). NL’s main import items are fuel…

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Montenegro Trade and Foreign Investment

Montenegro Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Trade relations with the EU and the Czech Republic Montenegro mainly exports aluminum, electricity, and meat products to the EU. Mainly cars, medicines, meat, PHM are imported to Montenegro from EU countries. Luxembourg and Slovenia are the main EU export partners of Montenegro, while the most important EU import partners are Germany and Greece.…

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Moldova Trade and Foreign Investment

Moldova Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU The framework of relations between Moldova and the EU is formed by the Association Agreement, a part of which is also the Deep and Comprehensive Free Trade Zone, which entered into force in 2016. The European Union has become Moldova’s largest trading partner, in 2021 61.1% of…

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Malta Trade and Foreign Investment

Malta Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU 2017 2018 2019 2020 2021 Exports from the EU (million EUR) 1,346.4 1,438.4 1,568.7 1 166.9 ON Imports into the EU (million EUR) 2,897.60 3,620.00 3,556.80 2,629.70 ON Balance with the EU (million EUR) 1,551.2 2 181.5 1,988.1 1,462.8 ON Source: European Commission Trade relations with the…

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Luxembourg Trade and Foreign Investment

Luxembourg Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the Czech Republic The slight increase in exports from the Czech Republic to Luxembourg is a long-term trend, the automotive industry is the main commodity, followed by raw materials (especially iron/steel and raw rubber), fertilizers. Despite the general decrease in exports due to the pandemic in 2020, exports of…

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Lithuania Trade and Foreign Investment

Lithuania Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Lithuania has a relatively well-diversified export base. According to EIU analysts, local exporters can be expected to maintain a positive trend in competitiveness growth, however they fail to increase productivity faster than nominal wages in the long term, which increases labor costs. Allcountrylist: Overview of major industries…

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Liechtenstein Trade and Foreign Investment

Liechtenstein Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Liechtenstein /Li/ is not a member state of the EU, but is its close economic and political partner within the EFTA – member since 1991, and EEA – member since 1995. Most aspects of relations between Li and the EU are governed by the EEA Agreement, which…

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Latvia Trade and Foreign Investment

Latvia Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU The most important trade partners within the EU for Latvia are Lithuania, Poland, Germany (up to 75% of imports to Latvia) and Great Britain (mainly Latvian exports). Among non-European countries, the most important partners are the USA, Canada and Russia (however, after the outbreak of the conflict…

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Kosovo Trade and Foreign Investment

Kosovo Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU The EU has an association agreement with Kosovo, which contributes to closer cooperation with this Balkan country and paves the way for Kosovo to become a member of the EU. Trade exchange with EU countries accounts for 45% of Kosovo’s total foreign trade turnover. Kosovo is one…

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Italy Trade and Foreign Investment

Italy Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Italy is a founding member of the Economic and Monetary Union. It adopted the euro common currency on January 1, 2002. With the opening of the European single internal market in 1993, customs controls and customs duties at the internal borders of the EU disappeared. With the…

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Ireland Trade and Foreign Investment

Ireland Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Ireland is typically an export-oriented country, mainly due to the investments of a large number of multinational companies whose production is mainly focused on export. Ireland’s trade balance with foreign countries has been significantly active for a long time. Irish businesses owned by foreign companies account for…

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Iceland Trade and Foreign Investment

Iceland Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU EU member states are the main outlet for exports, roughly 2/3 of all Icelandic goods go there. Most Icelandic goods go to the Netherlands and Spain. Other important markets for Icelandic products are the USA, Great Britain, Germany, France and Norway. Almost half of all Icelandic imports…

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