Affected by the COVID-19 epidemic, the global trade volume has shrunk dramatically. The WTO has predicted that the global trade volume will shrink by 9.2% in 2020. The EU is no exception. According to reports, the latest data released by the European Union shows that in 2020, EU exports will be 1.93 trillion euros, down 9.4% year-on-year; Imports 1.7 1 trillion euros, down 1 1.6% year-on-year.
However, the trade volume between the EU and China has increased again. The data shows that in 2020, the trade volume between the EU and China reached 586 billion euros (about 4,588 billion yuan), of which exports to China reached 202.5 billion euros, an increase of 2.2%; Imports from China reached 383.5 billion euros, up 5.6%.
Some media pointed out that China's strong consumption promoted the sales of European products, especially in cars and luxury goods; China's exports benefited from the strong demand in Europe for its medical equipment and electronic products.
As a result, China surpassed the United States last year and became the largest trading partner of the European Union. In contrast, the trade volume between the EU and the United States has shrunk dramatically. Data show that in 2020, EU exports to the United States fell to 353 billion euros, down 8.2%; Imports from the United States reached 202 billion euros, down 13.2%.
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The EU extends an olive branch to China! America lags behind the world.
With the increasingly close economic cooperation between China and Europe, the EU has repeatedly extended an olive branch to China.
Last September, China held a video conference with Germany and the European Union, and reached important consensus on deepening cooperation in various fields. It is reported that before the Lunar New Year in the Year of the Ox, the northern German states of Hamburg, Bremen, Lower Saxony and Shihe sent New Year greetings to China by video, hoping to continue to strengthen economic cooperation with China with the help of China-EU comprehensive investment agreement.
In addition to Germany, France has also sent a signal to strengthen cooperation. June 5438+February last year, when contacting China, key French decision-makers said that the two countries had good cooperation in fighting the COVID-19 epidemic, and exchanges and cooperation in various fields were comprehensively promoted; I hope to continue to strengthen coordination and cooperation with China on major global and regional issues such as climate change, public health and cooperation with Africa.