CEPII, Recherche et Expertise sur l'economie mondiale
Trade Dependencies: While China Is in a Dominant Position, the European Union Is Not Without Advantages


Pauline Wibaux

The Covid-19 pandemic and the war in Ukraine have confronted economies with new risks and highlighted the issue of import dependencies. In this respect, China occupies a dominant position as the main supplier of its trading partners’ dependent products. While the United States and the European Union have the same level of dependency, the European Union stands out by also exporting a good number of products on which its partners depend. China is further consolidating its dominant position, as in recent years it has reduced its dependence, while the European Union and the United States have become more dependent on the Chinese economy.

 Data : let452_EN.xlsx

 Keywords : Trade Dependencies | Geoeconomics | European Union

 JEL : F5, F14, F15



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La Lettre du CEPII
N° 452   February 2025


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 Fields of expertise

Trade & Globalization
Europe
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