U.S. Media: Data from Q1 2026 shows China becoming the EU's largest trading partner, with imports totaling €145.3 billion—nearly a quarter of the EU’s total imports—while exports to China amounted to only €47.6 billion, resulting in a trade deficit of €97.7 billion.
The United States remains the EU's largest export market, with EU exports to the U.S. reaching €119.4 billion and generating a surplus of €33.5 billion; however, this has declined by over 30% year-on-year due to tariff disputes.
The UK, Switzerland, and Turkey follow closely behind. The UK's trade volume with the EU reached €128.2 billion, with the EU recording a surplus of €49.2 billion.
The EU's trade relationship with China is particularly sensitive, especially in the electric vehicle sector amid growing competitive pressure from Chinese firms. Transatlantic trade continues to cool due to the Trump administration's tariff policies, while discussions about the UK potentially rejoining the EU have resurfaced ten years after Brexit.
Original article: toutiao.com/article/1868859226269708/
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