Trade in Goods Position Paper 2015/2016

Trade in Goods Position Paper 2015/2016 - 商品贸易建议书2015/2016 Go back »

Published on:

2015-09-08
Category:

Position Paper
Keywords:

trade, goods, EU, position paper

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The European Union (EU) is China’s largest trading partner by value, and China is the EU’s second largest trading partner behind the United States. In 2014, China exported euro (EUR) 302.6 billion in goods to Europe, compared with Europe’s exports to China which totalled EUR 164.7 billion. Yet at the same time, the EU’s trade deficit with China grew to EUR 137.8 billion in 2014.2 Key reasons behind this trade imbalance are market access barriers and investment restrictions in China, and consequently investment flows are relatively low compared to the size of the overall trade relationship.

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