Last year China's trade deficit with the United States reached $233 billion, up from $202 billion in 2005. In the first four months of this year, the most recent figures available, the gap has widened by an additional 16 percent. China's trade gap with Europe is expanding at an even faster rate. In the 12 months leading up to May, China ran a $216.7 billion surplus with Europe. May's $22.45 billion figure was the third-highest monthly surplus on record and a 73 percent increase over the previous year's figure.
China's trade gap with Europe is expanding at an even faster rate. In the 12 months leading up to May, China ran a $216.7 billion surplus with Europe. May's $22.45 billion figure was the third-highest monthly surplus on record and a 73 percent increase over the previous year's figure.
I had done the numbers for 2006 but cannot dig them up right now, but European exports to China are a lot bigger than America's.
Some numbers here but with no aggregate EU numbers. In the long run, we're all dead. John Maynard Keynes
Exports: $963.0 billion (2006) Exports - partners: US 21.0%, EU 18.1%, Hong Kong 17.0%, Japan 12.4%, ASEAN 7.2%, South Korea 4.7% (2004) Imports: $795.0 billion (2006) Imports - partners: Japan 16.8%, EU 12.4%, ASEAN 11.2%, South Korea 11.1%, US 7.9%, Russia 2.2% (2004)
Imports: $795.0 billion (2006) Imports - partners: Japan 16.8%, EU 12.4%, ASEAN 11.2%, South Korea 11.1%, US 7.9%, Russia 2.2% (2004)
Not directly usable. In the long run, we're all dead. John Maynard Keynes
lots of numbers and graphs. In the long run, we're all dead. John Maynard Keynes
