The Largest Trading Partner of European Countries – Landgeist

2023-05-23 05:09:08

Who is each European country’s largest trading partner?

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Europe is one of the world’s largest trading blocs, and its countries have a diverse range of trade partners. On this map, we will take a closer look at the top trading partners for each European country. The largest trading partner on this map is determined by the total value of imports and exports combined.

Germany is the largest economy in Europe and probably the most important trading partner for other European countries. For about half of all European countries, Germany is their largest trading partner. The UK, which is Europe’s second largest economy, is not even the largest trading partner of any European country. France, Europe’s third largest economy, is the largest trading partner of Spain. Europe’s fourth largest economy, Italy, is the largest trading partner of four European countries: Albania, Croatia, Malta and the Vatican.

Although the US and China are important trading partners for most European countries, they are the largest trading partner for only a very small number of European countries. For the UK and Ireland, the US is the largest trading partner. For Russia, it’s China.

The European Union is often seen as a single trading bloc and therefore often counted as a single trading partner in these kind of statistics. Although I wholeheartedly agree that the EU should be shown as one trading partner, I decided not to for this specific map. The reason being that the EU would be the largest trading partner for every single European country, except Belarus. For Belarus, Russia would still be its largest trading partner.

Data for this map comes from the IMF.

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