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Euro Leads Extra-EU Trade While Dollar Dominates Energy Imports

According to a recent report from Eurostat, the euro remained the leading currency for extra-EU imports of primary goods excluding petroleum in 2025, accounting for 47.4% of total transactions. The United States dollar followed closely with a 45.0% share, highlighting the continued competition between the world’s two dominant trade currencies across international markets.

Strong Performance In Primary Goods Imports

Eurostat data show that the euro continued playing a central role in extra-EU trade involving primary commodities during 2025. Currencies from EU member states outside the eurozone represented just 1.7% of transactions, while other international currencies accounted for the remaining 5.3%, reinforcing the euro’s dominant position in this category.

USD Dominance In The Energy Sector

In stark contrast, the US dollar overwhelmingly dominated the importation of petroleum products, commanding an 86.7% share in 2025. The euro, while significant in other sectors, lagged substantially in stellar energy trade performance, with only a 12.9% share. Minor roles were played by other EU currencies (0.2%) and non-EU currencies (0.1%), reinforcing the dollar’s preeminence in the energy domain.

Competitive Landscape In Manufacturing Trade

In the realm of manufactured goods, the US dollar again led the way with a 46.2% share of imports. The euro was not far behind, securing 43.3% of the market. Additional contributions came from other EU currencies at 1.7% and non-EU currencies at 8.5%, illustrating the diversified currency usage in this trade segment.

Export Trends: Euro Ascendant Amid Varied Currency Usage

The report further reveals that the euro played a decisive role in extra-EU exports of primary goods, achieving a 62.2% share compared to the US dollar’s 22.9%. Contributions from other domestic EU currencies (2.5%) and non-EU currencies (12.1%) complemented the overall export transactions. In petroleum exports, however, the US dollar remained dominant with a 70.1% share. The euro managed a notable 27.5% share in this energy category.

Manufactured Goods Exports

In manufactured goods exports, the euro maintained its lead with a 50.4% share, while the U.S. dollar represented 32.4% of transactions. Other EU currencies accounted for 1.8%, with non-EU currencies making up the remaining 15.2%, highlighting continued diversification in international trade settlement practices.

The latest Eurostat figures illustrate the euro’s strong position across large segments of extra-EU trade, even as the U.S. dollar continues dominating energy-related transactions and maintains a major role in global manufacturing trade.

A New Twitter-Inspired Social Network Is Taking Shape

A new social network called Twitter.now is entering the market, with a founding team that includes former Twitter trademark counsel Stephen Coates. The service is being developed by startup Operation Bluebird.

As Ars Technica reported, X sued the company last year and asked a Delaware judge to block the launch. Operation Bluebird argued in a petition that X had abandoned trademarks including “Twitter” and “Tweet.”

Coates has said the project is not an attempt to recreate the original Twitter. In a LinkedIn post, he described the platform as a new public space focused on trust, transparency and user choice.

AI System To Rate Posts

Twitter.now is currently being tested, with early access priced at $20. Its main feature is VERA, an AI system designed to evaluate posts, verify claims and provide sources and context.

Posts receive a trust score, with users eventually able to set a minimum score to filter their feeds. The company says this approach will give people more control over what they see instead of leaving those decisions entirely to an algorithm.

Moderation Remains A Challenge

Scaling moderation will be one of the platform’s biggest tests. Social networks have repeatedly struggled with content moderation as their communities grow, and newer platforms such as Bluesky have faced similar criticism.

Operation Bluebird says VERA will form the basis of its moderation and verification system. A second version is already planned, with expanded tools that would let users set a specific trust threshold for the posts appearing in their feeds.

For now, Twitter.now remains in an early testing phase, combining the familiarity of the Twitter name with an AI-driven approach to evaluating online information.

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