EU-Asia trade relations beyond China

09-10-2012

While the focus is often on China, the EU is also deepening trade relations with other Asian countries. This paper aims to show levels of trade between the EU and nine Asian countries – India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand and Vietnam. Taking EU, US and China in comparison, it looks at trade in both goods and services, to measure the importance of EU trade for those countries, and how important they are for the EU.

While the focus is often on China, the EU is also deepening trade relations with other Asian countries. This paper aims to show levels of trade between the EU and nine Asian countries – India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand and Vietnam. Taking EU, US and China in comparison, it looks at trade in both goods and services, to measure the importance of EU trade for those countries, and how important they are for the EU.