The United States and China are the EU’s biggest trading partners
The European Union concludes one third of its foreign trade with the United States and China, while Germany is the largest trading partner for most of the EU member countries – according to the information of Eurostat published on Wednesday.
In 2018, the European Union traded goods in a value of 674 billion euros with the United States, representing 17.1 percent of the Community’s foreign trade.
With China, the EU traded goods in a value of 605 billion euros last year, making it the second largest foreign trade partner of the community with a 15.4 percent share. (MTI)
Related news
Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the…
Read more >Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European…
Read more >European fruit and vegetable growers joined together for European products
European fruit and vegetable growers joined together and launched a…
Read more >Related news
The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National…
Read more >Grant Thornton survey: Flexibility and an inclusive work environment can help retain accountants
Not only recruitment, but also retention poses serious challenges to…
Read more >Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola
Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a…
Read more >