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Image header Agence Europe
Europe Daily Bulletin No. 10531
Contents Publication in full By article 25 / 29
EXTERNAL ACTION / (ae) trade

13/01/2012 (Agence Europe) - €6.9 billion surplus in eurozone and deficit of €7.2 billion in November 2011 in rest of EU. For the EU, imports of energy products clearly contributed to a worsening balance of trade over the first 10 months of 2011: the deficit stood at -€317.5 billion as opposed to -€246.4 billion in January-October 2010, while the surplus for manufactured goods sharply increased (+€198.9 billion as opposed to +€136.4 billion over the period examined). EU trade increased in January-October 2011 compared to January-October 2010 with all its main partners, except for imports from South Korea (-8%). The sharpest rises involved exports to Russia (+28%), Turkey (+23%), China (+21%) and India (+20%), and imports from Russia (+26%), Norway (+21%), Brazil and India (+20% each). The EU trade surplus slightly increased with the US (+€60.8 billion in January-October 2011 as opposed to +€60.1 billion in January-October 2010), whilst the trade deficit was reduced with China (-€132.2 billion as opposed to -€139.8 billion), Japan (-€16.1 billion as opposed to -€18.3 billion) and South Korea (-€3.9 billion as opposed to -€9.6 billion), but increased with Russia (-€76 billion as opposed to -€61.1 billion) and Norway (-€38.7 billion as opposed to-€29.8 billion). (EH/transl.fl)

 

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE
SECTORAL POLICY
SOCIAL AFFAIRS
EXTERNAL ACTION
COURT OF JUSTICE
EVENTS CALENDAR