The importance of List of the largest trading partners of the European Union in today's society is undeniable. Every day, List of the largest trading partners of the European Union becomes a topic of debate and reflection in different areas, whether in politics, science, entertainment or culture. List of the largest trading partners of the European Union awakens the interest and curiosity of people, who seek to understand its impact on their lives and the world around them. In this article, we will explore the various aspects related to List of the largest trading partners of the European Union, from its origin to its evolution today. We will analyze its influence on our daily decisions, as well as on the development of society as a whole.
According to the European Commission Directorate-General for Trade. The 10 largest trading partners of the European Union with their total trade (sum of imports and exports) in billions of euros for calendar years 2020 and 2021 listed below. In the table, a positive (green) trade balance means that the EU exports more to the given country than it imports from that country.
With United Kingdom withdrawal from the European Union, the United Kingdom entered the top ten partners of the EU-27.
Rank | Country/district | Exports | Imports | Total trade | Trade balance |
---|---|---|---|---|---|
1 | United States | 536.4 | 464.3 | 1000 | 72.1 |
2 | United Kingdom | 462.3 | 330.7 | 793.0 | 131.6 |
3 | China | 249.7 | 416.2 | 665.9 | -166.4 |
4 | Switzerland | 247.4 | 166.4 | 413.9 | 81.0 |
- | ASEAN | 111.1 | 161.0 | 272.2 | -49.8 |
5 | Russia | 99.5 | 103.6 | 203.1 | -4.1 |
6 | Turkey | 81.4 | 71.0 | 152.3 | 10.3 |
7 | Japan | 82.9 | 67.7 | 150.5 | 15.2 |
8 | Norway | 68.4 | 54.2 | 122.5 | 14.2 |
9 | South Korea | 57.6 | 50.4 | 108.0 | 7.2 |
10 | India | 45.3 | 50.3 | 95.6 | -5.0 |
Rank | Country/district | Exports | Imports | Total trade | Trade balance |
---|---|---|---|---|---|
1 | China | 223.4 | 472.7 | 696.1 | −249.3 |
2 | United States | 399.3 | 232.4 | 631.8 | 166.9 |
3 | United Kingdom | 283.6 | 146.9 | 430.5 | 136.6 |
4 | Switzerland | 156.4 | 123.6 | 280.1 | 32.8 |
5 | Russia | 89.2 | 162.3 | 251.6 | −73.0 |
- | ASEAN | 75.7 | 136.2 | 215.9 | −56.5 |
6 | Turkey | 79.2 | 77.9 | 157.2 | 1.2 |
7 | Norway | 56.5 | 74.6 | 131.1 | −18.1 |
8 | Japan | 62.3 | 62.2 | 124.6 | 0.1 |
9 | South Korea | 51.8 | 55.4 | 107.2 | −3.5 |
10 | India | 41.8 | 46.1 | 87.9 | −4.3 |