trade intensity definition
trade intensity means the ratio between the total value of exports to third countries plus the value of imports from third countries and the total market size for the Union (annual domestic turnover of Union companies plus total imports from third countries) as per Eurostat statistics,
trade intensity means a sector’s non-EU imports and non-EU exports as a share of the sector’s total EU turnover plus non-EU exports and imports (SWD(2012) 130 final). Sectoral trade intensity = (X + M)/(M + Y), where: X = total value of non-EU exports; M = total value of non-EU imports; Y = total turnover of EU production. Using Eurostat data, the EU hard coal sector’s trade intensity for 2011 was 64%.