China had replaced the U.S. as the European Union’s top trading partner in 2020.
“The European Union’s statistics office, Eurostat, said trade between the 27-country bloc and the rest of the world was down across the board in the first quarter of last year because of the pandemic. Between Jan. and Dec. 2020, euro area goods exports fell 9.2% year-on-year, while imports fell 10.8% compared with the same period in 2019,” a summary of the findings notes.
EU exports to the communist country grew by 2.2 percent and imports from China grew by 5.6 percent in 2020. In contrast, EU exports to the US fell by 8.2 percent and imports from the US by 13.2 percent.