China emerges as top import partner for much of Europe in 2024

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China has become one of Europe’s most influential trading partners, ranking among the top import sources for many European countries, according to trade data for 2024 compiled from international statistics agencies.

China has become one of Europe’s most influential trading partners, ranking among the top import sources for many European countries, according to trade data for 2024 compiled from international statistics agencies.

A regional overview of merchandise imports shows that China ranks as the first, second or third largest import partner across large parts of Europe, highlighting the deep economic ties between Beijing and European economies.

Official statistics from Eurostat show that China remained the European Union’s largest import partner in 2024, accounting for about 21.3% of all extra-EU imports, well ahead of the United States and the United Kingdom.

Total EU imports from China reached roughly €517.8 billion, compared with €213.3 billion in exports to China, creating a trade deficit of more than €300 billion.

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Trade rankings suggest that China is the top import partner for several countries in Central and Eastern Europe, including economies such as Poland and Ukraine.

Across much of the region, China consistently appears among the top three sources of imported goods, driven by strong demand for electronics, machinery and industrial components.

According to global trade statistics, China accounted for about 17.5% of global exports, making it the largest exporter worldwide.

On the contrary, some Western European countries show more diversified import relationships.

For example, countries such as France and Spain source significant imports from neighbouring European economies as well as the United States, meaning China ranks outside the top five in some cases.

Even so, the EU and China maintain one of the world’s largest bilateral trading relationships.

Total EU-China trade in goods reached about €732 billion in 2024, underscoring the scale of economic interdependence between the two markets.

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This story is written and edited by the Global South World team, you can contact us here.