According to data released by Eurostat on Sept. 16. In the first seven months of 2020, China overtook the US as the EU for the first time as largest trading partner: From January to July, year-on-year imports from China increased by 4.9% , while imports from the U.S. decreased by 11.7% .
EU’s exports to China fell by 1.8%, while exports to the U.S. fell by 9.9%.
China remains the EU’s top source of imports, third largest exporter of goods
The share of the market position was 21.9% and 10.3%, respectively.
