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EU27 trade surplus fell with USA

18 Jan '08
2 min read

The EU27 trade surplus fell with the USA (+67.9 bn euro in January-October 2007 compared with +74.4 bn in January-October 2006) and Switzerland (+12.8 bn compared with +13.2 bn). The EU27 trade deficit grew with China (-132.2 bn compared with -105.6 bn) and Japan (-28.4 bn compared with -27.2 bn), but decreased with Russia (-43.4 bn compared with -61.2 bn), Norway (-26.0 bn compared with -35.2 bn) and South Korea (-12.7 bn compared to -15.0 bn).

Concerning the total trade of Member States, the largest surplus was observed in Germany (+165.6 bn euro in January-October 2007), followed by the Netherlands (+34.5 bn), Ireland (+25.2 bn), Belgium (+12.8 bn) and Sweden (+11.4 bn). The United Kingdom (-112.4 bn) registered the largest deficit, followed by Spain (-78.6 bn), France (-34.9 bn), Greece (-32.0 bn), Romania (-17.3 bn), Portugal (-15.4 bn) and Poland (-13.2 bn).

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