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EU Trade Deficit With China Surges To €360 Billion In 2025

The EU recorded a €359.8 billion trade deficit with China in 2025, according to Eurostat, as imports exceeded exports.

Overview Of The Trade Imbalance

EU exports to China totaled €199.6 billion, while imports reached €559.4 billion. The gap reflects higher demand for Chinese goods across EU markets. Trade flows show a significant difference between export and import volumes.

Shifts In Trade Dynamics

Compared with 2024, EU exports to China declined by 6.5%, while imports increased by 6.4%. Over a longer period, trade volumes have expanded since 2015. Exports rose by 37.1% from €145.6 billion, while imports increased by 89.0% from €295.9 billion over the same period.

Key Export Sectors

Machinery and mechanical appliances accounted for €45.3 billion, or 22.7% of EU exports to China. Electrical machinery followed at €29.0 billion (14.5%), with vehicles contributing €16.4 billion (8.2%). Other sectors include optical and precision instruments at €15.1 billion (7.5%) and pharmaceuticals at €13.6 billion (6.8%). Combined, these five categories represent 59.8% of exports.

Dominance In Import Categories

Electrical machinery and related equipment accounted for €164.9 billion, or 29.5% of EU imports from China. Machinery and mechanical appliances followed at €106.5 billion (19.0%). Additional categories include organic chemicals, vehicles, and furniture-related products. Together, these five groups represent 63.8% of imports.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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