Published: 12:49, December 17, 2020 | Updated: 07:54, June 5, 2023
Eurostat: China remains EU's top trading partner
By Xinhua

An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China, June 25, 2018. (Photo / Agencies)

BRUSSELS - China remained the European Union (EU)'s top trading partner as of October, said Eurostat on Wednesday.

The EU's trade in goods with China in the first ten months stood around 477.7 billion euros (US$582.8 billion), an increase of 2.2 percent compared with the same period of 2019, according to Eurostat.

The EU's trade in goods with China in the first ten months stood around 477.7 billion euros (US$582.8 billion), an increase of 2.2 percent compared with the same period of 2019

ALSO READ: China speeds up investment treaty negotiations with EU

Meanwhile, the trade in goods with the United States in January-October dropped to 460.7 billion euros, down by 11.2 percent year on year.

Starting from July, China became the bloc's top trading partner, a position previously held by the US, according to the EU's statistical body.

The bloc's international trade sharply fell from February onwards, and reached its lowest in April, after Europe was identified by the World Health Organization as the epicenter of COVID-19 in mid-March.

ALSO READ: Ties seen to deepen as China becomes EU top trading partner

The trade in goods picked up in May and stabilized in June, although still below the pre-pandemic levels.

In October, the EU exported 178.9 billion euros worth of goods, down by 10.3 percent year-on-year, and imported 150.8 billion euros, a decrease of 14.3 percent compared to October 2019.

READ MORE: Senior diplomat: China, EU should take ties to a new level