Posted on May 6, 2021

The EU is trying to diversify Europe’s industry, to decrease dependency on key imports from outside the EU. Reliance on imports was painfully exposed during the first months of the Covid-19 pandemic.
The European Commission updated its industrial strategy, with the aim of correcting the bloc’s dependencies in key sectors.

Of 5,200 products imported into the EU, the bloc is “highly dependent” on 137 in areas likelike pharmaceutical ingredients and advanced technologies .

Approximately 50% of all imports of these products originate in China, followed by Vietnam, Brazil, Singapore and South Korea.

Turkey USA Poland shipping Japan logistics Norway Australia Germany EU Sweden Freight Shipping Gothenburg Ireland Swedish logisitics imports exporters waste Denmark Sweden freight Brexit Covid-19 Netherlands exports China Canada containers India freight forwarding Hong Kong Seafreight freight rail freight Pakistan Switzerland cargo Vietnam export wine China Finland container air freight italy freight forwarders France South Africa U.S.A exports Spain