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In 2020, the trade of the EU was hit hard by the coronavirus pandemic, with a significant drop observed for both exports (-9.4%) and imports (-11.6%) compared with 2019, according to Eurostat, the statistical service of the EU.Looking at the last decade, the export growth rate, after recording particularly high values (12% in 2011 and 9% in 2012), remained positive until 2019 before sharply decreasing in 2020. The import growth rate peaked in 2011 (12%), followed by small fluctuations between …
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