Home / Knowledge / News / EU27 trade surplus fell with USA
EU27 trade surplus fell with USA
18
Jan '08
The first estimate for the euro area (EA13) trade balance with the rest of the world in November 2007 gave a 2.6 bn euro surplus, compared with +5.2 bn in November 2006. The October 20072 balance was +5.4 bn, compared with +2.4 bn in October 2006. In November 2007 compared with October 2007, seasonally adjusted exports rose by 0.3% and imports by 0.5%.

The first estimate for the November 2007 extra-EU27 trade balance was a deficit of 16.8 bn euro, compared with -12.4 bn in November 2006. In October 2007, the balance was -14.3 bn, compared with -14.9 bn in October 2006. In November 2007 compared with October 2007, seasonally adjusted exports rose by 0.8% and imports by 0.6%. These data are released by Eurostat, the Statistical Office of the European Communities.

EU27 January-October 2007 detailed results:
The EU27 energy deficit decreased (-213.9 bn euro in January-October 2007 compared with -237.4 bn in January-October 2006), while the surplus rose for machinery and vehicles (+105.5 bn compared with +77.8 bn).

EU27 trade with most of its major partners grew, with the exception of exports to the USA (-2% in January-October 2007 compared with January-October 2006) and Japan (-1%), and imports from Norway (-8%), Russia (-3%) and South Korea (-2%). The largest increases were recorded for exports to Russia (+25%), India (+20%), Brazil (+17%), China and Norway (both +13%), and for imports from China (+21%), Brazil (+19%), India (+16%) and Turkey (+13%).


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search