European Union Trade Balance: EU 27E: China: Total data was reported at -26.145 EUR bn in Feb 2025. This records an increase from the previous number of -31.243 EUR bn for Jan 2025. European Union Trade Balance: EU 27E: China: Total data is updated monthly, averaging -10.950 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of -2.454 EUR bn in Jun 2002 and a record low of -41.093 EUR bn in Sep 2022. European Union Trade Balance: EU 27E: China: Total data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA030: Eurostat: Trade Statistics: By SITC: European Union: China.

European Union Imports from China was US$560.36 Billion during 2024, according to the United Nations COMTRADE database on international trade. European Union Imports from China - data, historical chart and statistics - was last updated on July of 2025.

The value of Chinese exports to the European have increased almost ****-fold in the twenty years from 2002 to 2023. In 2023, the total value of imports of goods from China in the EU was ***** billion euros, an increase of over ** billion euros in comparison to 2021. China has been the largest external exporter of goods to the EU since 2005, when it overtook the United States.

International trade is an increasingly important component of the European economy. Since its early foundations were laid by the European Coal & Steel Community (ECSC) founded in 1951, trade between European member states has been at the core of the European project. International trade, that is, trade which the European Union does externally with countries who are not member states, has become a greater focus of the bloc in recent years, as the EU attempts to increase the global reach of its companies, while reaping the benefits of cheaper imports. The EU has put particular importance on reaching trade agreements with partners outside the union, as this removes trade barriers such as tariffs, quotas, as well as non-tariff barriers (such as regulations, licenses, and sanctions) which hamper trade activity. EU Trade Deals Recent trade agreements include the Comprehensive Economic & Trade Agreement with Canada (while not ratified by the member states' parliaments, it had been effectively in force since 2017) and the Japan-EU Economic partnership agreement, in force since 2019. The most significant regions which the EU has not concluded free trade agreements with are the United States, Russia, and China. The Transatlantic Trade & Investment Partnership (TTIP) between the U.S. and EU broke down at the negotiation stage, with powerful economic & political actors on the European side, such as trade unions, opposing the deal from the beginning, while the election of Donald Trump as President of the U.S. effectively ended any hopes of the deal being completed due to his "America First" trade policies. With the increasing geopolitical and economic competition between the U.S. and China, the EU now finds itself caught between the two superpowers, and is unlikely to be able to conclude a trade agreement with either without antagonizing the other country. EU trade with Russia, on the other hand, has broken down in light of Russia's invasion of Ukraine in 2022 and the subsequent sanctions imposed by the European member states.

European Union Imports: swda: EU 27E: China: Crude Materials, Inedible Except Fuels data was reported at 0.340 EUR bn in Feb 2025. This records an increase from the previous number of 0.316 EUR bn for Jan 2025. European Union Imports: swda: EU 27E: China: Crude Materials, Inedible Except Fuels data is updated monthly, averaging 0.207 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 0.449 EUR bn in Nov 2022 and a record low of 0.089 EUR bn in Aug 2002. European Union Imports: swda: EU 27E: China: Crude Materials, Inedible Except Fuels data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA030: Eurostat: Trade Statistics: By SITC: European Union: China.

The share of extra-EU exports - that is, exports from EU countries to non-EU countries - that go to China tripled over the period from 2002 to 2022. China's development as a key export market accelerated particularly quickly following the global recession of 2009, as China's growing middle classes propped up global consumer demand. While China's share of extra-EU exports increased consistently up until 2020, it has dropped for two consecutive years in 2021 and 2022, falling by ***%. Nevertheless, the absolute value of EU exports to China has continued to rise.

The export trade of the European Union experienced some notable shifts over the two decades since 2002, with China emerging as a significant export market and the United Kingdom losing its place as the EU's single largest export partner. The United Kingdom's declining share of EU exports The UK, which was a member of the European Union until 2020, declined in its importance as an export market for EU producers over this period. Representing over a fifth of the export trade in 2002, the UK now takes only 13 percent of EU exports, and looks likely to be eclipsed by China's growing share in the coming years. The complications to EU-UK trade caused by the UK's exit agreement with the EU is also likely to contribute to slowing trade flows between the two partners. China's emergence as a key export market As with most other areas of the global economy, the past two decades has largely been the story of China's emergence as a key trading partner. China's share of EU exports was comparable to Japan or Norway at the beginning of the period, while it now represents the EU's third largest export market. While this is a significant change, China takes up a much larger share of imports into the EU, where it is the largest single trading partner. As Chinese incomes rise in the coming decades, the significance of China as an export market for EU producers is likely to rise, geopolitical tension notwithstanding. The Euro and exports to the U.S. The EU's export trade with the United States over this period experienced a relative decline in the period running up to 2014, as the Euro appreciated in its value against the U.S. dollar, making European exports more expensive for Americans. This declining share of the EU's export trade taken by the U.S. was reversed in the latter half of the 2010s however, as the Euro depreciated and European exports to the U.S. increased. Issues with Russia Another notable trend over the period was Russia's emergence as a key export market in the mid-2000s, as the Russian economy grew quickly and Russian consumers began to demand EU made products. Russia declined as a market for EU exports after 2014, as trade was complicated by Russia's illegal annexation of Crimea from Ukraine, and the subsequent devaluation of the Ruble and collapse in the price of Ural crude oil.

China recorded a trade surplus of 114.77 USD Billion in June of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

European Union Trade Balance: swda: EU 27E: China: Raw Materials data was reported at 0.618 EUR bn in Feb 2025. This records an increase from the previous number of 0.520 EUR bn for Jan 2025. European Union Trade Balance: swda: EU 27E: China: Raw Materials data is updated monthly, averaging 0.425 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 0.788 EUR bn in Jan 2017 and a record low of -0.049 EUR bn in Nov 2008. European Union Trade Balance: swda: EU 27E: China: Raw Materials data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA030: Eurostat: Trade Statistics: By SITC: European Union: China.

The United States is the European Union's biggest trading partner as of 2023, with the total value of trade between the EU and the North American country exceeding ****billion dollars. China was the EU's second-largest trading partner, however, in contrast to the substantial trade surplus that the EU has with the United States, the EU has a large trade deficit with China. In 2022, the EU imported *** billion euros worth of goods from China than it exported to the East Asian country. Other prominent trade partners included the UK, Switzerland, and Turkey.

Exports to Europe in China decreased to 48833464 USD Thousand in February from 61464234 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Exports To Europe.

In 2024, China exported approximately 3.58 trillion U.S. dollars worth of goods. This indicated an increase in export value of about 5.9 percent compared to the previous year. Export of goods from ChinaChina’s exports have been growing steadily over the past decade, with the exception of 2009 when financial crisis and global economic downturn slowed down global trade and 2016 witnessing another decrease in global demand. Apart from being the most populous country, China has also become the largest manufacturing economy and the largest exporter in the world. ASEAN, European Union, and United States were China's leading export partners in 2023. Machinery such as computers, broadcasting technology, and telephones as well as transport equipment make up the largest part of Chinese exports. This category amounted to approximately 1.65 trillion U.S. dollars in export value in 2023. When it comes to primary goods, food and live animals used for food are the main export products.

In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.

China Export: Europe data was reported at 474.736 USD bn in 2018. This records an increase from the previous number of 428.975 USD bn for 2017. China Export: Europe data is updated yearly, averaging 49.228 USD bn from Dec 1984 (Median) to 2018, with 35 observations. The data reached an all-time high of 474.736 USD bn in 2018 and a record low of 3.935 USD bn in 1984. China Export: Europe data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under Global Database’s China – Table CN.JA: Trade: Annual.

European Union Trade Balance: EU 27E: China: Food and Live Animals Chiefly for Food data was reported at 0.112 EUR bn in Feb 2025. This records an increase from the previous number of -0.025 EUR bn for Jan 2025. European Union Trade Balance: EU 27E: China: Food and Live Animals Chiefly for Food data is updated monthly, averaging -0.013 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 1.104 EUR bn in Apr 2020 and a record low of -0.257 EUR bn in Jan 2011. European Union Trade Balance: EU 27E: China: Food and Live Animals Chiefly for Food data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA030: Eurostat: Trade Statistics: By SITC: European Union: China.

In 2024, China imported approximately 2.59 trillion U.S. dollars worth of goods. This indicated an increase in import value by about 1.1 percent compared to the previous year. Import development in ChinaIn 2013, China had surpassed the United States as the world’s largest goods trader. That year, China’s imports and exports had summed up to more than four trillion U.S. dollars. There has been a fairly steady increase in imports over the last decade with the exception of 2009 and 2015-2016. China’s imports of goods had decreased by around eleven percent due to the global financial crisis in 2009, before recovering to a positive growth in 2010. In 2015, Chinese imports went down by 13.2 percent due to the global uncertainty following several geopolitical conflicts, disease outbreaks, and terrorism, according to the commerce minister of China.In 2023, China's import contribution to the gross domestic product (GDP) ranged at around 14 percent. In the same year, Chinese exports exceeded the country's imports by around 822.1 billion U.S. dollars creating a hefty merchandise trade surplus. ASEAN and the European Union countries were China’s most important import trade partners, with imports worth approximately 2.7 trillion yuan and 1.9 trillion yuan respectively in 2023.

China Import: Europe data was reported at 379.439 USD bn in 2018. This records an increase from the previous number of 327.131 USD bn for 2017. China Import: Europe data is updated yearly, averaging 48.390 USD bn from Dec 1984 (Median) to 2018, with 35 observations. The data reached an all-time high of 379.439 USD bn in 2018 and a record low of 6.001 USD bn in 1984. China Import: Europe data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under Global Database’s China – Table CN.JA: Trade: Annual.

The U.S. goods trade deficit with China increased by nearly ** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.

European Union Imports of cloth, grill iron or steel, expand metal, iron or steel from China was US$224.55 Million during 2024, according to the United Nations COMTRADE database on international trade.

China's share of imports in gross domestic product (GDP) was about **** percent in 2024. The total gross domestic product amounted to approximately *** trillion yuan that year. Import development in China Trade is essential to modern economies. The imports-to-GDP ratio measures a country’s openness to inward trade. One similar indicator is the trade-to-GDP-ratio, which is the sum of exports and imports divided by GDP. It is used to measure a country’s integration in the world economy. As of 2023, China was the second largest merchandise importing nation worldwide, only next to the United States. China’s imports of goods had nearly doubled over the last decade. In 2010, the import value stood at around *** trillion U.S. dollars, whereas in 2024, China brought forth approximately *** trillion U.S. dollars worth of imported commodities, its main import goods being *******************, *********, and iron ore. Meanwhile, the monetary value of services imported to China, although much lower than merchandise imports, also increased steadily. Where does China import from? In 2024, ASEAN was the leading import partner for China, with imports amounting to approximately **** trillion yuan. The European Union was the second largest import source providing nearly *** trillion yuan worth of goods to China. In 2023, the European Union imported around *** billion euros worth of merchandise from China, resulting in a trade deficit of roughly *** billion euros. Trade deficits were most significant in sectors such as *********, ******************* and apparel manufacturing.