Original: The Union 's name is formed from the beginning of each country 's name ; it was possibly created for the Benelux Customs Union , Revue de l'Institut International de Statistique (/O1947/O) Vol .
Simplified: The Benelux region has a total population of about 27,562,217 and occupies an area of about 74,640 km ( 28,819 sq mi ) .