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China's Trade with Central and Eastern European EU Members: an Analysis of Eurostat Data, 2004-2014

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  • Jeremy Garlick

Abstract

China is rapidly becoming one of the most significant trading partners of EU countries. This is as much the case for the 11 Central and Eastern European countries (CEE11) which entered the EU in 2004, 2007 and 2013 as for the older members. This paper sets out to examine data obtained from the Eurostat database concerning trade between the CEE11 and China between 2004 and 2014 in an attempt to clarify two main questions. Firstly, are there any differences between individual CEE countries' trade with China during the last decade? Secondly, have the Visegrad (V4) countries (Poland, the Czech Republic, Hungary and Slovakia) obtained any advantages over each other or over the other CEE11 countries? The Eurostat data, while limited in some aspects, suggest that all the eleven nations, despite variations, are struggling with trade balance deficits and therefore need to cooperate rather than compete concerning trade with China.

Suggested Citation

  • Jeremy Garlick, 2015. "China's Trade with Central and Eastern European EU Members: an Analysis of Eurostat Data, 2004-2014," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2015(4), pages 3-22.
    • Handle: RePEc:prg:jnlaop:v:2015:y:2015:i:4:id:478:p:3-22
    DOI: 10.18267/j.aop.478
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    References listed on IDEAS

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    1. Agnes Szunomar & Katalin Volgyi & Tamas Matura, 2014. "Chinese investments and financial engagement in Hungary," IWE Working Papers 208, Institute for World Economics - Centre for Economic and Regional Studies.
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    Cited by:

    1. Jeremy Garlick, 2019. "China’s principal–agent problem in the Czech Republic: the curious case of CEFC," Asia Europe Journal, Springer, vol. 17(4), pages 437-451, December.
    2. Iulia Monica Oehler-Sincai & Alina Ligia Dumitrescu, 2018. "The Outlook of the Economic Cooperation between China and Poland," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(3), pages 209-217, September.

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    More about this item

    Keywords

    Central and Eastern Europe (CEE); China; EU; imports/exports; trade; Visegrad;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F10 - International Economics - - Trade - - - General

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