Record Detail Back
EU-27 exports of goods to the USA down 18% in 2009. Exports to China remain at the same level
- Share to:
A trade surplus was noted with the USA, Canada and Australia. The rapid increase in the import of Chinese goods made the EU’s trade deficit with China jump from EUR 40.2 billion in 2001 to EUR 159.8 billion in 2008. However, the trade deficit with China fell back to EUR 122.9 billion in 2009. As the value of imports fell more sharply than that of exports, the EU’s trade deficits with its other main partners also dropped between 2008 and 2009.