What percentage of EU trade is with China?

What percentage of EU trade is with China?

In 2020, China was the third largest partner for EU exports of goods (10.5 %) and the largest partner for EU imports of goods (22.4 %). Among EU Member States, the Netherlands was the largest importer of goods from China and Germany was the largest exporter of goods to China in 2020.

Which country is largest trading partner of EU?

China
List of the largest trading partners of the European Union

Rank Country/district Exports
1 China 202.5
2 United States 353
3 United Kingdom 277.5
4 Switzerland 142.4

How much does China export to Europe?

Exports to Europe in China averaged 40538800.14 USD THO from 2014 until 2021, reaching an all time high of 67426127 USD THO in November of 2021 and a record low of 22389225 USD THO in February of 2014.

What does the EU export to China?

European Union Exports to China Value Year
Mineral fuels, oils, distillation products $1.98B 2020
Beverages, spirits and vinegar $1.97B 2020
Pulp of wood, fibrous cellulosic material, waste $1.91B 2020
Dairy products, eggs, honey, edible products $1.83B 2020

Who are China’s main trading partners?

United States
China trade balance, exports and imports by country In 2017, China major trading partner countries for exports were United States, Hong Kong, China, Japan, Korea, Rep. and Vietnam and for imports they were Korea, Rep., Japan, Other Asia, nes, United States and Germany.

Is China the world’s top trader?

China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world. 1 The United States previously held that position.

What country buys the most from China?

Searchable Datalist of Countries Consuming China’s Exports

Rank Importer 2019-20
1. United States +8.1%
2. Hong Kong -2.5%
3. Japan -0.4%
4. Vietnam +16.1%

What did European traders want China?

The Europeans of course were not shipping the silver to China as an act of donation or charity. They were getting goods in return, such as silk, porcelain, and later especially tea.

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