China continues to be EU’s top trade partner
(VOVWORLD) - China remains the European Union’s top trading partner as of October. Eurostat said on Wednesday that the EU's trade in goods with China in the first ten months stood around 477.7 billion euros, an increase of 2.2 percent compared with the same period in 2019.
Meanwhile, the trade of 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.