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The Covid-19 pandemic contributed to the continuous slowdown of China's economy, from two-digit growth rates witnessed in the past to a 'new normal' growth rate of 'only' 5.7% on average under the current five-year plan (2016-2020). To what extent does this slowdown affect China's public finances and other macroeconomic indicators? How has EU trade with China developed during the last decade? How important is the EU for China in terms of trade? And what about China's trade relevance for the EU? Has ...

US: Economic indicators and trade with EU

Auf einen Blick 11-06-2021

The US-EU trading relationship is one of the biggest in the world, even though the overall value of traded goods dropped in 2020 in the pandemic. The EU and US economies account for about half the entire world's GDP, and for nearly a third of world trade flows. The European Commission reported in 2016 that over 10 million European jobs depend on exports to the USA. This Infographic provides you with essential data on trade between the EU and US. This is a further updated edition of an infographic ...

At the beginning of the century, the EU and India were growing exactly at the same path: how about today? Who is the main trade partner of India: China or the EU? And would you ever think that the EU exports to India pearls and precious stones more than optical instruments? And how much is it easy to do business in New Delhi? Find the answers to these and many more questions in our EPRS publication on ‘India: Economic indicators and trade with EU’, part of a series of infographics produced in collaboration ...

Living in the EU: Circular economy

Auf einen Blick 16-03-2021

Circular economy is a production and consumption model that involves reusing, repairing, refurbishing and recycling existing materials and products to keep materials within the economy. It implies that waste becomes a resource, consequently minimising the actual amount of waste. The circular model is generally the antithesis of a traditional, linear economic model, which is based on a 'take-make-consume-throw away' pattern. This paper looks at the job creation potential and added value produced by ...

European business statistics

Briefing 27-09-2017

This note seeks to provide an initial analysis of the strengths and weaknesses of the European Commission's Impact Assessment (IA) accompanying the above proposal submitted on 6 March 2017 and referred to Parliament’s Committee on Industry, Research, and Energy (ITRE). The proposal aims to reduce the administrative burden for business, in particular SMEs, by eliminating the fragmentation of the European business statistics legislation and repealing 10 different legal acts in this field. This concerns ...

This report summarises empirical facts about the economic impact of the EU sanctions against Russia and the Russian countersanctions, both implemented in the summer of 2014. The observed decline in trade volumes between the EU and Russia is not only due to the sanctions, but also other economic factors, such as the downturn of the Russian economy, largely caused by the falling oil price and the ensuing ruble depreciation. Furthermore, empirical evidence suggests that European and Russian companies ...

Die Europäische Union und ihre Handelspartner

Kurzdarstellungen zur EU 01-09-2017

Im Laufe der Jahre hat sich die EU weg von der Herstellung arbeitsintensiver Billigprodukte hin zur Spezialisierung auf hochwertige Markenwaren bewegt. Bei ihrer offenen Wirtschaft ist der Handel für die EU von wesentlicher Bedeutung. Um Handelshemmnisse zu überwinden und gleiche Wettbewerbsbedingungen für ihre Unternehmen zu schaffen, führt die Union Verhandlungen über mehrere Freihandelsabkommen. Die EU gehört auch zu den Gründern und wichtigsten Akteuren der Welthandelsorganisation (WTO).

Das Freihandelsabkommen (FHA) zwischen der EU und Südkorea, das seit Juli 2011 umgesetzt wird, ist im Dezember 2015 in Kraft getreten. Das Abkommen hat sich positiv auf den Handel zwischen der EU und Korea ausgewirkt. Es wird davon ausgegangen, dass das Europäische Parlament im Mai 2017 den Bericht über die ersten fünf Jahre der Umsetzung des Freihandelsabkommens annehmen wird.

The wildlife trade is one of the most lucrative trades in the world. The legal trade into the EU alone is worth EUR 100 billion annually, while the global illegal wildlife trade is estimated to be worth between EUR 8 and 20 billion annually. The trade is highly complex and its legal and illegal forms are often connected. The illegal wildlife trade cannot be tackled via the use of trade policy alone; instead trade instruments need to be used in conjunction with broader means of addressing the wide ...

Amid an intense public debate on Transatlantic Trade and Investment Partnership (TTIP) talks, this Infographic provides you with essential data on trade between the world's 2 largest economies. This product was jointly produced by EPRS and the European University Institute as part of the GlobalStat Project.