Apple News Facebook Twitter 新浪微博 Instagram YouTube Wednesday, Mar 15, 2023
Search
Archive
English>>

China becomes EU's top trading partner in first 7 months: Eurostat

(Xinhua)    08:59, September 17, 2020

BRUSSELS, Sept. 16 (Xinhua) -- 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.

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.

The bloc's exports to China recorded a slight drop of 1.8 percent, while those to the U.S. fell by 9.9 percent, according to the EU's statistical office.

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.

In accordance with the world's changing epidemiological situation during the first seven months, the EU's international trade started to fall in January, and regained momentum after May, when confinement measures were gradually eased.

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.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Wen Ying, Liang Jun)

Add your comment

Related reading

We Recommend

Most Read

Key Words