The increasing role of services in the EU’s integration into global value chains

The EU’s participation in global value chains (GVCs) is assessed by two main indicators: backward participation, which quantifies the value added generated in other countries by the EU’s exports, and forward participation, which measures the EU’s value added generated by other countries’ exports. ‣ The EU's participation in GVCs has risen – the share of EU exports built on imported inputs increased from 32.3 % to 35 %, and the share of EU generated value added that is re‑exported grew from 6

Source: op.europa.eu