Euro-zone 2005 trade books a surplus of 23.4bn Euro
22 Feb '06
2 min read
The most notable increases were for exports to Russia and India (both +24 percent), South Korea (+13 percent) and Norway (+11 percent), and for imports from Russia (+32 percent), China (+23 percent), Norway (+19 percent) and India (+17 percent).
EU25 trade was characterised by an increase in the EU25 surplus with the USA (+79.7 bn euro in January-November 2005 compared with +69.7 bn in January-November 2004) and Switzerland (+14.7 bn compared with +12.0 bn).
The EU25 trade deficit grew with China (-96.6 bn compared with -72.2 bn), Russia (-45.3 bn compared with -31.7 bn) and Norway (-29.3 bn compared with -22.7 bn), but fell slightly with Japan (-27.0 bn compared with -28.7 bn).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+149.0 bn euro in January-November 2005), followed by the Netherlands (+32.5 bn), Ireland (+31.9 bn) and Sweden (+14.8 bn).
The United Kingdom (-93.4 bn) registered the largest deficit, followed by Spain (-67.0 bn), France (-27.7 bn) and Greece (-27.1 bn).
marketing@alchempro.com
