China expected to outrank the USA as major overseas mark

Trade in European microtechnology products still predominantly takes place within Europe. The EU and the European Free Trade Association (EFTA) are the most important sales and export regions for more than half of the European companies.
 
The USA is the most important overseas market, still. This is likely to change over the next three years: during this period, China – currently one of the EU's fastest growing export markets – is expected to outrank the USA as the most important overseas trading partner for European microtechnology companies.
 
Source: IVAM Survey 2017