Mexico: $1.2 billion. Among Ireland’s trading partners that generate the greatest positive trade balances, Irish surpluses with Greece (up 125.5%), China (up 96.1%), Germany (up 67.3%) and Canada (up 25.6%) grew at the fastest percentage pace from 2019 to 2020. While final numbers for trade in services are not yet available for the full year 2020, we do have data for the first three quarters of the year. Australia’s top ten trading partners in 2018-19 in order were China, Japan, the United States, the Republic of Korea, Singapore, New Zealand, the United Kingdom, India, Malaysia and Thailand. Product Groupings 10. Starting from July, China became the bloc's top trading partner, a position previously held by the U.S., according to the EU's statistical body. Command structure on the civilian/military strategic and operational levels (, Minesweeping operation in the Strait of Hormuz, (Operation Cleansweep, 1987–1988), Police contingent in Mostar, Bosnia and Herzegovina, Multinational Advisory Police Element in Albania, General security surveillance mission in Kosovo, This page was last edited on 16 February 2021, at 15:26. China became the main trade partner of the European Union (EU) in 2020, with exports and imports both increasing despite the COVID-19 pandemic, Eurostat said on Monday. Read more: Ireland's exports to China up 35 percent in July, Copyright © 2020 CGTN. †= Disputed state, may not be recognised as an independent state by some or all European Union members. The Chinese state overtook the United States as the European Union’s top trading partner in 2020, as ties between Brussels and the communist dictatorship in Beijing continue to deepen. Russia. for Trade Client and Supplier Countries of the EU27 in Merchandise Trade (value %) (2020, excluding intra-EU trade) Source: Eurostat (Comext, statistical regime 4) Last update: 18-mars-2021 N° Total EU Trade with… million euro share (%) EU Imports from… million euro share (%) EU Exports to… million euro share (%) EU trade balance with... million euro The EU has been China’s top trade partner since 2004 when it overtook Japan, but this is the first time the inverse has been true, France’s Insee statistics agency said Wednesday (2 December). The two main destinations of exported Indian merchandises is the EU market and the USA, when the two main markets of origin are China and the EU According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in … Turkey and the EU trade relationship. Russia continues to be a critical energy provider to the EU. In the first seven months of 2020, China became the top trading partner of the European Union (EU), a position previously held by the United States, said Eurostat on Wednesday. By Olivier Caslin Posted on Wednesday, 29 July 2020 11:00 ... EU: Africa’s biggest trading partner (The Africa Report) ... the EU had planned to dedicate 2020 to its diplomatic, … With United Kingdom withdrawal from the European Union, United Kingdom enters the top ten partners of the EU-27. The Scottish Government’s own figures show that Scotland’s most important trading partner is the rest of UK - worth more than three times that of trade with all 27 EU countries combined. These figures do not include foreign direct investment or trade in services, but only trade in goods. More European and American jobs depend on services than on goods, and the U.S. remains the EU’s top services trade partner. According to the European Commission Directorate-General for Trade. The latest data from Eurostat shows China has become the EU's largest trade partner for the first time, surpassing the US by 5.2 billion euro ($6.16 billion). China is now the EU's biggest trading partner, overtaking the US in 2020. EU wants to keep its status as one of Africa’s largest trading partners. imports) and China (€605 bn, or 15.4%) continued to be the two main goods trading partners of the European Union (EU), well ahead of Switzerland (€265 bn, or 6.7%), Russia (€254 bn, or 6.4%), Turkey (€153 bn, or 3.9%) In the first seven months of 2020, China became the top trading partner of the European Union (EU), a position previously held by the United States, said Eurostat on Wednesday. Beijing ICP prepared NO.16065310-3, China becomes EU's top trading partner in first 7 months: Eurostat, Ireland's exports to China up 35 percent in July. Australia’s top two-way trading partners 2018-19. The top annual decline was -27.9% for Malaysia. - EU Top trading partners: Total goods: 2020 9 - EU Top product sections: Total goods: 2020 9 Methodological Notes - HS Sections (Harmonized System) 10 - SITC Sections 10 - SITC (rev 3.) In July, EU exports out of the bloc stood at 168.5 billion euros, down by 11.3 percent compared to July 2019, and its imports from the rest of the world reached 142.6 billion euros, down by 16 percent year on year, according to Eurostat estimates. The EU's imports from China increased by 4.9 percent year-on-year in the January-July period, noted Eurostat. Over the first nine months of 2020, trade between the EU and China totaled €425.5 billion, while trade between the EU and the United States came in at €412.5 billion, according to Eurostat data. The EU’s trade in goods with the rest of the world was worth EUR 4 067 billion in 2019[4]. China and U.S. were followed by the United Kingdom, Switzerland, and Russia on EU's main trading partner list in the first seven months. Canada: $1.4 billion. EU's imports from China increased by 4.9 percent in the January-July period, compared to the same period last year, whereas its imports from the U.S. dropped by 11.7 percent. United Kingdom withdrawal from the European Union, List of the largest trading partners of India, List of the largest trading partners of the United States, List of the largest trading partners of the People's Republic of China, Regional Comprehensive Economic Partnership, South Asian Association for Regional Cooperation, Customs Union of Belarus, Kazakhstan, and Russia, Cooperation Council for the Arab States of the Gulf, Economic and Monetary Community of Central Africa, Economic relationships with third countries, African, Caribbean and Pacific Group of States, Euro-Latin American Parliamentary Assembly, Humanitarian Aid and Civil Protection Department, Directorate-General for International Cooperation and Development, Director General of the Military Staff/Director of the Military Planning and Conduct Capability, Director of the Civilian Planning and Conduct Capability, Crisis Management and Planning Directorate, Committee for Civilian Aspects of Crisis Management, Directorate-General for Defence Industry and Space, Medal for Extraordinary Meritorious Service, Organisation for Joint Armament Cooperation, Operations of the European Border and Coast Guard, Operations of the European Maritime Force, Operations of the European Rapid Operational Force, Missions of the European Gendarmerie Force, Treaty establishing the European Defence Community, Economic and Financial Affairs Commissioner, European Coal and Steel Community (1951–2002), European Economic Community (1958–1993/2009), Mechanism for Cooperation and Verification, Cities with more than 100,000 inhabitants, Largest cities by population within city limits, https://en.wikipedia.org/w/index.php?title=List_of_the_largest_trading_partners_of_the_European_Union&oldid=1007118736, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License. Deficit: $74.4 Billion Exports: $200.0 Billion Imports: $274.5 Billion. With United Kingdom withdrawal from the European Union, United Kingdom enters the top … Aerial photo shows a China-Europe freight train bound for Helsinki, Finland departing from Putian Station of Zhengzhou, central China's Henan Province, Nov. … March 2021 Trade in Goods and Services. You can also find the visualisation here below: Select the country of your choice and the pie charts will show you the top 5 trading partners for imports and exports. Total bilateral trade between the European Union and United States was over $1 trillion in 2020, with goods trade accounting for $755.76 billion, the United States exported $290.76 billion worth of goods to EU member nations, a decrease from $336 billion in 2019. According to the data published by the European Union’s statistics office, Eurostat, the 27-nation bloc’s imports from China hit €383.5 billion ($465.6 billion) in 2020, increasing by 5.6 percent year-on-year. In the table, a positive trade balance means that the EU exports more than it imports from the given country.[1]. Europe is the world’s largest exporter of manufactured goods and services, and is itself the biggest export market for around 80 countries[3]. In the first seven months of 2020, China became the top trading partner of the European Union (EU), a position previously held by the United States, said Eurostat on Wednesday. BRUSSELS: China last year overtook the United States as the EU's biggest trading partner, the EU statistics agency Eurostat said on Monday. The 10 largest trading partners of the European Union with their total trade (sum of imports and exports) in millions of euro for calendar year 2020 are as follows. China surpassed the US to become the biggest trading partner of the EU, said Eurostat, the EU’s statistics organisation. With over 15 years of experience, XTB is one of the largest … The tool allows you to easily discover interesting facts, such as that in 2017, the EU imported most goods from China (20% of imports of goods) and exported most to the United States (20% of exports of goods). Britain meanwhile, which is no longer part of the European Union, was the third-largest trading partner for the bloc, behind China and the United States, the agency said.