The total exporting and importing trade volume between China and Central and Eastern European countries (CEEC) has been growing rapidly in 2021.
According to China Customs statistics , the total bilateral trade volume was RMB863.06 billion in 2021, up 23.3% year-on-year (similarly hereinafter). Of these, those exported to CEECs accounted for RMB642.14 billion, an increase of 25.1%; Those imported from CEECs reached RMB220.92 billion, an increase of 18.3%.
The main features of bilateral trade between China and CEECs in 2021 are as follows:
(1) Electro-mechanical and labor-intensive products were the main exported products.
(2) Electro-mechanical products, copper ,wood and wooden products were the main imported products.
(3) Poland, Czech and Hungary were the top three trading partners.
(4) Latvia trading volume in 2021 increased larger than 23.3%
One of the best ways to start looking for new collaboration partners or continue built relationship is by taking part in 3rd China – CEEC Expo & International Consumer Goods Fair that will take place May 17-21, 2022 Ningbo China.
Cause of Covid19 restrictions traveling to China is limited. From our side we would be happy to represent Latvia or other country companies.
