European Union foreign trade: development trends in the digital era

The article reflects a comprehensive study of the trends and features of the development of foreign trade of the European Union in the modern era of digitalization of the economy and business. The analysis of the dynamics and structure of the development of foreign trade in goods and services of the EU-27, taking into account the role of information and communication technologies. The tendencies of R&D financing in relation to the volume of GDP in the EU member states and the heterogeneity of the intensity of spending on research and development within the integration block are highlighted. The features of the development of electronic commerce in the European Union are analyzed, incl. highlighted the structure of enterprises with electronic sales in terms of size and methods of electronic sales. The author identifies the prospects and risks of the development of EU foreign trade relations in the era of global digital changes and increased competition with technology giants such as the United States and China.