Search: News Price
Home |  Register |  Price Index  |  Publication |  Consultancy |  Data |  Events |  Enquiry |  Language
May.03.2024 1USD=7.1063RMB
  SteelHome >>Steel>>Macroeconomic Info>>International Macro News
 
China Remains EU’s Top Trading Partner: Eurostat

https://en.steelhome.com [SteelHome] 2020-12-18 08:54:43

share to social network site

BRUSSELS - China remained the European Union (EU)'s top trading partner as of October, said Eurostat on Wednesday.

The EU's trade in goods with China in the first ten months stood around 477.7 billion euros ($582.8 billion), an increase of 2.2 percent compared with the same period of 2019, according to Eurostat.

Meanwhile, the trade in goods with the United States in January-October dropped to 460.7 billion euros, down by 11.2 percent year-on-year.

Starting from July, China became the bloc's top trading partner, a position previously held by the US, according to the EU's statistical body.

The bloc's international trade sharply fell from February onwards, and reached its lowest in April, after Europe was identified by the World Health Organization as the epicenter of COVID-19 in mid-March.

The trade in goods picked up in May and stabilized in June, although still below the pre-pandemic levels.

In October, the EU exported 178.9 billion euros worth of goods, down by 10.3 percent year-on-year, and imported 150.8 billion euros, a decrease of 14.3 percent compared to October 2019. 

Source: China Daily


(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932 18616060095)
Related News
Search
News Price
Hot Topics
Latest Update
Most Viewed
上海市通信管理局
沪B2-20040629
Copyright© 2004-. SteelHome.com. All Rights Reserved
Shanghai SteelHome Information Technology Co., Ltd    Tel: +86) 021-50585733, 50585358    Fax: 021-50585277