economy Beijing, China
EU-China agree to curb hybrid-car exports in landmark trade deal
1.18BEUR per day▲ from 1B
The EU-China trade deficit in July 2026 was EUR 1180000000 per day.
The EU and China agreed a four-year deal limiting Chinese hybrid-vehicle imports to 350,000 a year from December, expected to halve China’s market share. The 16-point agreement also covers rare earths, tariffs and EU food and drink access, while talks continue.
5 sourcesThe Guardian, Al JazeeraUpdated
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- 36.5BEUR
The EU-China trade deficit in July 2026 was EUR 36500000000.
“the EU’s trade deficit hit €36.5bn in July alone”
- 234BEUR
The EU-China trade deficit from January through July 2026 was EUR 234000000000.
“From January to July the total deficit now stands at €234bn”
- 3.1ratio
The EU imported EUR 3.10 of goods from China for every EUR 1 it exported there in July 2026.
“For every €1 of goods the EU exported to China in July, it imported €3.10”