皇冠体育app surpasses US as EU's top trade partner
Updated: 2011-10-17 09:51
(Xinhua)
|
|||||||||||
BEIJING -- Trade between 皇冠体育app and the European Union (EU) totaled 35.6 billion euros ($49.4 billion) in July, allowing 皇冠体育app to overtake the United States as the EU's largest trade partner, the Ministry of Commerce said, citing the latest statistics from Eurostat.
The overall value of 皇冠体育app-EU trade in July exceeded that of the EU and the United States by 800 million euros, accounting for 13.4 percent of the region's total imports and exports, according to data released by the EU's statistics office.
However, bilateral trade shrank for a second consecutive month in July, falling 0.8 percent from the same period last year.
Meanwhile, 皇冠体育app remained the EU's second largest export market. EU exports to 皇冠体育app totaled 11.7 billion euros in July, up 12.3 percent year-on-year, which is higher than EU's total export growth rate of 4.1 percent.
The EU imported 23.9 billion euros in Chinese goods, down 6.2 percent from the previous year. But 皇冠体育app still held the top spot as the region's import source, making up 17.4 percent of the EU's total imports.
The EU reported a 12.2-billion-euro trade deficit with 皇冠体育app in July.
Related Stories
皇冠体育app to expand import for balanced growth in trade: Premier 2011-10-15 09:51
Sept trade surplus reveals further fall 2011-10-14 10:13
RMB bill threatens trade war 2011-10-11 08:06
Foreign-invested firms contributes majority of int'l trade 2011-09-27 16:38
- Wal-Mart 皇冠体育app CEO quits amid pork scandal
- Cash-strapped SMEs see dawn break
- 皇冠体育app's import expansion benefits world economy
- Railway head is replaced following accident
- Tollways overloaded with debt
- 皇冠体育app surpasses US as EU's top trade partner
- 皇冠体育app to launch 3 new stock indices
- Top dollar for early iPhone 4S