General

From January to February, China Europe trade decreased by 2.24%! On April 20th, the Eurostat released data showing that from January to February 2023, the trade volume between the 27 EU countries and China was 126.8 billion euros, a year-on-year decrease of 2.24%. Among them, exports to China amounted to 36.9 billion euros, an increase of 6.3%; Imports from China amounted to 89.9 billion euros, a decrease of 5.5%; The deficit was 53 billion euros, a decrease of 11.8%. China remains the second largest trading partner of the European Union, the largest source of imports, and the third largest export market, accounting for 15.0%, 20.6%, and 9.1% respectively. The United States continues to remain the largest trading partner of the European Union, with a total trade volume of 133.2 billion euros, accounting for 15.8%. Among them, exports to the United States and imports from the United States were 76.5 billion euros and 56.7 billion euros, accounting for 18.9% and 13.0% respectively.

From January to February, China Europe trade decreased by 2.24%! In February, the trade volume between China and Europe was 62.1 billion euros, a decrease of 0.6%. Among them, exports to China amounted to 19.5 billion euros, an increase of 4.8%; Imports from China amounted to 42.6 billion euros, a decrease of 3.0%; The deficit was 23.1 billion euros, a decrease of 8.7%.

From January to February, China Europe trade decreased by 2.24%! In the first two months, the overall foreign trade volume of the EU (excluding intra EU trade) was 843.6 billion euros, an increase of 6.1%.

From January to February, China Europe trade decreased by 2.24%! Among them, exports amounted to 406.3 billion euros, an increase of 9.2%; Imports of 437.3 billion euros, an increase of 2.4%; The deficit was 31 billion euros, a decrease of 41.1%.