endstream They correspond to the statistical value, i.e. Goods and services; Public procurement; Intellectual property; Investment; Trade defence; Dispute settlement; Import and export rules; Trade policy and you; Website content. When China joined the WTO in 2001 it agreed to reform and liberalise important parts of its economy. endobj Trade and investment 1. Merchandise Trade statistics data for China (CHN) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. China Customs Statistics cover the latest statistics on China's imports and exports by countries or regions. It also shows the breakdown figures of major import and export commodities like auto parts, electronics, food, footwear, furniture, garments, timepieces, toys, etc. This report is structured into two parts. Trade and investment 1. Statistics. Overview. Luxembourg (42.7 %) had the highest share for China in its extra-EU imports. COMEXT is the reference database for international trade in goods. further their trade and investment relationship towards 2020 in a spirit of mutual benefit, by promoting open, transparent markets and a level-playing field. Trade is an important indicator of Europe’s prosperity and place in the world. Iram Khan Share . DFAT provides a range of accurate, up-to-date statistics about Australia's trade relationship with the rest of the world. For extra-EU trade, the statistical information is mainly provided by the traders on the basis of customs declarations. Published Wed, Dec 30 2020 11:41 PM EST Updated Thu, Dec 31 2020 7:19 AM EST. World Trade Statistical Review 2020 looks into the latest developments in world trade, with a detailed analysis of the most recent trends for trade in goods and services. It was followed by the United States (12 %), the United Kingdom (10 %), Russia (7 %) and Switzerland (6 %). Five products were above 200 %, indicating EU exports to China were at least twice as large as EU imports from China. The European Union will take "a different approach" than the U.S. when it comes to managing the trade relationship with China, said EU ambassador to China. Discover all statistics and data on Brexit and EU trade now on statista.com! Both exports to and imports from China increased between 2009 and 2019. These top 20 goods covered 55 % of total trade in goods in 2019. Evelyn Cheng @chengevelyn. Trade Map is free to use and provides trade statistics and market access information for export development. The cover ratio for China was lowest in 2011 (109 %) and highest in 2015 (135 %) and was 116 % in 2018. The openness of the EU’s trade regime has meant that the EU is the biggest player on the global trading scene and remains a good region to do business with. ; Nearly all regions will suffer double-digit declines in trade volumes in 2020, with exports from North America and Asia hit … World trade fell sharply in the first half of the year, as the COVID 19 pandemic upended the global economy. EU exports to China were highest in 2019 (EUR 198 billion) and lowest in 2009 (EUR 77 billion). In 2009, the EU had a trade deficit with China of EUR 108 billion. Germany (15.2 %) had the highest share for China in its extra-EU exports. View latest trade statistics. The trade in goods balance between the EU Member States and China is shown in Table 1c. EU-China Comprehensive Agreement on Investment: Milestones and documents. Statistics; EU and WTO. A partial recovery of world trade in manufactured goods, led by electronics, textiles and automotive products, helped boost merchandise trade in the third quarter of 2020 as production resumed and lockdown measures were eased in major economies, WTO statistics show. Merchandise Trade Value (Last Update: December 2020 — Next Update: April 2021) Summary of the latest figures of merchandise trade value by region; and the evolution of commodity prices by broad product group. UK overseas trade in goods statistics July 2020: imports MS Excel Spreadsheet , 68KB In fact, with an estimated global population of 7.7 billion people, that’s about 25 percent of the world’s population shopping online.. What’s more, this number is rising rapidly and is expected to hit a massive 2.14 billion people in 2021. It was preceded by the United States (18 %) and the United Kingdom (15 %) and followed by Switzerland (7 %) and Russia (4 %).It was the largest partner for EU imports of goods (19 %). The trade deficit remained throughout the whole period, reaching EUR 163 billion in 2019. Key initiatives: I. The International Trade Statistics Yearbook: Volume I – Trade by Country and Volume II – Trade by Product provide an overview of the latest trends of trade in goods and services showing country and product profiles of international trade, respectively. Slideshow ( 2 images ) BRUSSELS (Reuters) - European Union leaders will … NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. This article is part of an online publication providing recent statistics on international trade in goods, covering information on the EU's main partners, main products traded, specific characteristics of trade as well as background information. Consequently, while imports from any other extra-EU-27 trade partner are grouped by country of origin, the United Kingdom data reflect the country of consignment. Imports to the EU were lowest in 2009 (77) and highest in 2018 (123). Details may not equal totals due to rounding. Exports from the EU were lowest in 2009 (83) and highest in 2018 (145). The breakdown of EU trade with China by SITC groups is shown in Figure 5. endobj The three largest importers from China in the EU were the Netherlands (EUR 88 414 million), Germany (EUR 76 772 million) and Italy (EUR 31 665 million). By transforming the large volume of primary trade data into an accessible, user-friendly, web-based format, Trade Map provides indicators on export performance, international demand, alternative markets and the role of competitors. It is calculated by subtracting the value of the goods and services Australia buys from overseas from the value of the goods and services we sell to other countries. <>>>/BBox[0 0 52.44 25.51]/Length 39>>stream Services & digital trade; Expo 2020 Dubai; Trade, investment and economic statistics. The second part presents and discusses trends in selected trade policy instruments including illustrative statistics. Key milestones: December 2020: EU and China reach agreement in principle on investment September 2020: EU-China leaders’ meeting confirming the progress on the level playing field rules July 2020: EU-China 8th High-Level Trade and Economic Dialogue … This article provides a picture of the international trade in goods between the European Union (EU) and China. Utilisation U t = x�+T05�31Q0 B#S=SC0+9WA?37�@�%_!� �g� 3 0 obj EU data are compiled according to Community guidelines and may, therefore, differ from national data published by the Member States. In this context harmonized and high-quality trade statistics data become very important to support trade … The three largest exporters to China in the EU were Germany (EUR 96 283 million), France (EUR 20 959 million) and the Netherlands (EUR 13 906 million). The most traded product group at this level was telecommunications equipment. ;P�L� E�(��C�dv��M������' The International Trade Statistics Yearbook: Volume I – Trade by Country and Volume II – Trade by Product provide an overview of the latest trends of trade in goods and services showing country and product profiles of international trade, respectively. The United Kingdom is considered as an extra-EU partner country for the EU-27 for the whole period covered by this article. Imports from China in both March and April 2020 increased as Chinese exports resumed to pre-COVID levels. This is even more important in a globalised world in which economies tend to cluster together in regional groups. View international trade statistics by country or region to obtain the following (i) country or region's overall exports, imports and tariffs (i) details of exports and imports with various partner countries along with partner share and Most Favored Nation (MFN) and Effective Applied Tariff (AHS) tariffs imposed. It shows that three Member States had a trade surplus with China. Trade Map is free to use and provides trade statistics and market access information for export development. Australia's trade balance is the difference between what we export and what we import. Finally, other goods are shown in green. In 2019, EU exports of manufactured goods (87 %) had a higher share than primary goods (12 %). The position of China among the largest trade partners of the EU in 2019 can be seen in Figure 3. 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