What countries does the EU trade with?

What countries does the EU trade with?

Investment

Country Inward stock Outward stock
EU 34.2% 45.4%
US 30% 28.4%
China 6.5% 8.5%
Canada 3.5% 5.8%

What is EU share of trade?

around 15 %

What are the most industrial countries in Europe?

Industrial production by country Germany recorded the highest value of sold production, equivalent to almost 30 % of the EU-27 total, followed by Italy (17 %), France (12 %), Spain (9 %), Poland (6 %) and The Netherlands (3 %).

What is the main export of Europe?

In 2020, the top 5 EU export products were machinery and equipment (13.0 % of total exports), pharmaceutical products (11.1 %), motor vehicles (10.7 %), chemical products (8.8 %) and computer, electronic and optical products (8.4 %).

Who is the biggest exporter in Europe?

Germany

Which European country is India’s largest trading partner?

The EU is India’s third largest trading partner, accounting for €62.8 billion worth of trade in goods in 2020 or 11.1% of total Indian trade, after China (12%) and the US (11.7%). The EU is the second-largest destination for Indian exports (14% of the total) after the USA.

What are the main imports of Europe?

European imports were recorded at $1.69 trillion and the continent ranked first in terms of import volume as well. The main commodities imported were: Machinery. Vehicles….Europe Trade, Exports and Imports

  • Machinery.
  • Motor vehicles.
  • Aircraft.
  • Plastics.
  • Pharmaceuticals and other chemicals.
  • Fuels.
  • Iron and steel.
  • Nonferrous metals.

Which Indian products are in demand in Europe?

List of most exported products from India to Europe

  • Textile & articles.
  • Ceramics.
  • Granite slabs.
  • Marbles.
  • Nuts.
  • Mustard oil.
  • Spices.
  • Tea & Coffee.

What does India export to USA?

The top export categories (2-digit HS) in 2019 were: mineral fuels ($8.2 billion), precious metal and stone (diamonds) ($6.4 billion), aircraft ($2.8 billion), machinery ($2.4 billion), and organic chemicals ($1.9 billion).

What do we export to America?

Soybeans were the number one product in this category, with sales of $22 billion, followed by meat and poultry at $18 billion. Crude oil, fuel and other petroleum products: $109 billion. This is one of the fastest growing areas of US exports, up 37% in just the last year.

What does US import most from India?

United States imports from India Value Year
Pharmaceutical products $8.40B 2020
Machinery, nuclear reactors, boilers $3.26B 2020
Electrical, electronic equipment $2.98B 2020
Organic chemicals $2.85B 2020

Which country is India’s largest trading partner?

United States

Which country is India’s best friend?

Countries considered India’s closest include the Russian Federation, Afghanistan, France, Bhutan, Bangladesh, and the United States. Russia is the largest supplier of military equipment to India, followed by Israel and France.

Does China import anything from India?

In recent years, India has depended on the Chinese for products, such as organic chemicals, mobile phones, household items and nuclear reactors. Over 14% of India’s total imports, worth over $62.3 billion come from China as per reports from the Department of Commerce.

Which Chinese products are banned in India?

On 29th June, the Indian GovernmentGovernment has banned 59 popular Chinese Apps, including TitTok, in India, and you will not be able to access them on both Android and iPhone. There are several Indian Apps like Mitron, Chingari, and Fireworks that can replace TikTok in the country in the coming days.

Which product India import most from China?

In 2020, India imported goods worth $58.71 billion from China. This makes China India’s top import partner. Major Chinese imports included consumer electronics, telecom instruments, computer hardware and peripherals, electrical equipment, fertilisers and chemicals.

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