China-EU - international trade in goods statistics
WEBThis article provides a picture of the international trade in goods between the European Union (EU) and China. It analyses the type of goods exchanged between the two economies and the shares of each EU Member State in those exchanges.
EU trade relations with China
WEBThe EU-China trade balance has been persistently in favour of China. In 2023, the EU deficit amounted to €292 billion. EU exports to China amounted to €223.6 billion, whereas EU imports from China amounted to €515.9 billion, indicating year-on-year decreases of 3.1% and 18% respectively.
China–European Union relations - Wikipedia
WEBEU-Chinese trade increased faster than the Chinese economy itself, tripling in ten years from US$14.3 billion in 1985 to US$45.6 billion in 1994. [16] However, political and security co-operation was hampered with China seeing little chance of headway there.
WEBFigure 1: EU trade in goods with China, 2022-2023 (C billion, seasonally and working-day adjusted) Source: Eurostat (ext_st_eu27_2020sitc) Figure 2 compares EU trade with China against EU trade with other non-EU countries. Between January 2022 and December 2023, EU imports from China decreased by 19.0 %. Imports from other non-EU countries (-5.9 %)
EU Trade agreements
WEBThe value of EU trade covered by the vast network of 42 agreements with 74 partners in place in 2023 was more than €2.3 trillion, having risen by over 30% over the past five years, according to the Annual Report on the implementation and enforcement of EU trade policy published today.
EU-China agreement - Trade
WEBOn 30 December 2020, the EU and China concluded in principle the negotiations on the Comprehensive Agreement on Investment (CAI). The agreement grants EU investors a greater level of access to China’s market.
EU-China Relations - Statistics & Facts | Statista
WEBSep 2, 2024 — The European Union and China are one of each other's largest trading partners, with EU exports to China being worth 230.3 billion Euros in 2022, while Chinese exports to Europe were...
EU trade in goods with China: Less deficit in 2023 - Eurostat
WEBMar 4, 2024 — In 2023, the EU trade in goods deficit with China stood at €291 billion, which was €106 billion lower when compared with 2022 (-27%). Between 2013 and 2023, the EU’s trade in goods deficit with China varied between €104 billion in 2013 and €397 billion in 2022, the highest value in the decade.
China overtakes US as EU's biggest trading partner - BBC
WEBTrade between China and the EU was worth $709bn (€586bn, £511bn) last year, compared with $671bn worth of imports and exports from the US.
Understanding EU-China exposure - European Commission
WEBJan 17, 2024 — This paper highlights different angles of EU-China exposure across trade, investment and technology.