One-third of the EU’s trade was concluded with the USA and China in 2016

The European Union concluded one-third of its trade with the USA and China in 2016. Hungary’s largest trade partner remains Germany – Eurostat reveals in its report published on Wednesday.

According to the report of the European Union’s statistical office, ware trade between Europe and the United States – after the nadir of 2011 – showed a slight increase and reached 610 billion euros in 2016. This is 17.7 percent of the European Union’s total trade. (MTI)