The European Union has a trade deficit of 360 billion euros with China.

Omissions

• The €359.3 billion figure covers trade in GOODS only; EU trade in services with China runs a surplus, so the combined goods-and-services imbalance is smaller than €360 billion.
• The figure refers to calendar year 2025, not to the year of the speech (2026); it is the most recent complete annual data available at the time.
• Eurostat quarterly data show the deficit continued to widen into 2026: the EU goods deficit with China reached €103 billion in Q2 2026, the highest quarterly level since Q3 2022 (€107 billion).
• The main sources found (Politico, Euronews, CF40) were published in early/mid 2026, i.e. after the reference year 2025 but before the session date, so the MEP could have known the data.

Sources

• PrimaryEurostat Statistics Explained — 'EU trade with China - latest developments'"The EU trade in goods deficit with China in Q2 2026 (€103 billion) was the highest since Q3 2022 (€107 billion)." / "the EU trade deficit in goods with China worsened from €66 billion in Q1 2024 to €103 billion in Q2 2026."
• SecondaryPolitico Europe — 'Europe's China shock worsens as trade deficit widens'"The EU's trade deficit in goods with China widened to €359.3 billion in 2025, up nearly a fifth from €304.5 billion in 2024, according to data published by Eurostat."
• SecondaryCF40 (China Finance 40 Forum) — 'Why Has the China–EU Trade Imbalance Widened?'"In 2025, the EU's goods trade deficit with China widened to EUR 359.3 billion, up by nearly 15% from EUR 312.2 billion in 2024, and more than double the ..."
• SecondaryEuronews — 'European Commission targets WTO's key rule in push to rebalance China trade'"The EU's goods trade deficit with China widened to €359.3 billion in 2025."