Analytical, comprehensive, independent
Banner
 
EUROPOLITICS / Trade policyPrint this article | Print this article

EU external trade deficit at 7.2 bn euro

Friday 13 January 2012

According to initial estimates for November 2011, published by Eurostat, on 13 January, the eurozone registered a trade surplus of €6.9 billion with the rest of the world (compared with a deficit of €2.3 billion in November 2010). In contrast, estimates for the extra-EU27 trade balance show a deficit of €7.2 billion, compared with -€16.8 billion in November 2010 (in October 2011, the balance was -€11.2 bn). For the period of January to October 2011, the EU27 trade surplus increased slightly with the United States (+€60.8 bn in January-October 2011 compared with +€60.1 bn in January-October 2010) and more significantly with Switzerland (+€24.1 bn compared with +€16.6 bn) and Turkey (+€21.3 bn compared with +€14.7 bn). The EU27 trade deficit fell with China (-€132.2 bn compared with -€139.8 bn), Japan (-€16.1 bn compared with -€18.3 bn) and South Korea (-€3.9 bn compared with -€9.6 bn), but increased with Russia (-€76 bn compared with -€61.1 bn) and Norway (-€38.7 bn compared with -€29.8 bn).



Copyright © 2012 Europolitics. Tous droits réservés.

Warning: fwrite(): supplied argument is not a valid stream resource in /var/www/europolitics/site/components/com_xg/views/article/tmpl/default.php on line 701

Warning: fclose(): supplied argument is not a valid stream resource in /var/www/europolitics/site/components/com_xg/views/article/tmpl/default.php on line 702
Download a free issue                         
cover