List of the largest trading partners of the European Union
Encyclopedia
According to the European Commission
Directorate-General for Trade
. The largest trading partners of the European Union
with their total trade (sum of imports and exports) in millions of euro
for calendar year 2010 are as follows.
These figures do not include foreign direct investment
, but only trade in goods and services
.
European Commission
The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union's treaties and the general day-to-day running of the Union....
Directorate-General for Trade
Directorate-General for Trade (European Commission)
The Directorate-General for Trade is a Directorate-General of the European Commission. DG Trade works on securing prosperity, solidarity and security in Europe and around the globe...
. The largest trading partners of the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
with their total trade (sum of imports and exports) in millions of euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
for calendar year 2010 are as follows.
These figures do not include foreign direct investment
Foreign direct investment
Foreign direct investment or foreign investment refers to the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.. It is the sum of equity capital,other long-term capital, and short-term capital as shown in...
, but only trade in goods and services
Goods and services
In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility. It is often used when referring to a Goods and Services Tax....
.
Trading partner | EU exports to | EU imports from | Total trade value | % of EU trade | |
---|---|---|---|---|---|
1 | United States | 242,129.3 | 169,466.8 | 411,596.1 | 14.4 |
2 | Mainland China | 113,117.7 | 282,011.1 | 395,128.9 | 13.9 |
3 | Russia | 86,507.6 | 158,384.9 | 244,892.6 | 8.6 |
4 | Switzerland | 105,433.4 | 84,126.2 | 189,559.5 | 6.6 |
5 | Norway | 41,860.1 | 79,178.9 | 121,039.0 | 4.2 |
6 | Japan | 43,730.1 | 64,898.1 | 108,628.2 | 3.8 |
7 | Turkey | 61,189.7 | 42,088.0 | 103,277.7 | 3.6 |
8 | India | 34,798.8 | 33,147.3 | 67,946.1 | 2.4 |
9 | South Korea | 27,984.8 | 38,651.6 | 66,636.4 | 2.3 |
10 | Brazil | 31,282.9 | 32,320.4 | 63,603.3 | 2.2 |
11 | Canada | 26,589.2 | 20,053.3 | 46,642.4 | 1.6 |
12 | Singapore | 24,042.4 | 18,704.4 | 42,746.8 | 1.5 |
13 | South Africa | 21,506.6 | 17,912.1 | 39,418.7 | 1.4 |
14 | Saudi Arabia | 23,006.6 | 15,949.7 | 38,956.3 | 1.4 |
15 | Republic of China | 14,759.9 | 24,135.7 | 38,895.6 | 1.4 |
16 | Hong Kong | 26,940.5 | 10,600.6 | 37,541.2 | 1.3 |
17 | Australia | 26,752.3 | 9,850.6 | 36,602.9 | 1.3 |
18 | Algeria | 15,536.6 | 20,886.7 | 36,423.4 | 1.3 |
19 | Libya | 6,754.3 | 28,779.9 | 35,534.2 | 1.2 |
20 | Mexico | 21,382.1 | 13,111.6 | 34,493.7 | 1.2 |
See also
- European Union free trade agreementsEuropean Union free trade agreementsEuropean Union has concluded free trade agreements with many countries world-wide and negotiating with many others.-Free trade agreements in force:-Pending:Economic Partnership Agreement are being implemented for ACP countries.-Negotiating:* India...
- List of the largest trading partners of India
- List of the largest trading partners of the United States
- List of the largest trading partners of the People's Republic of China