EU27 detailed results for January to July 2011
The EU27 deficit for energy increased significantly (-217.2 bn euro in January-July 2011 compared with -170.3 bn in January-July 2010), while the surplus for manufactured goods rose notably (+137.8 bn compared with +98.1 bn).
EU27 trade with all its major partners grew in January-July 2011 compared with January-July 2010, except for imports from South Korea (-8%). The highest increases were recorded for exports to Russia (+33%), Turkey (+31%), India (+24%), China (+21%) and South Korea (+18%), and for imports from Russia (+29%), India (+23%), Brazil (+22%), Norway (+20%) and Turkey (+18%).
The EU27 trade surplus increased with the USA (+42.5 bn euro in January-July 2011 compared with +38.9 bn in January-July 2010), Turkey (+15.2 bn compared with +9.3 bn) and Switzerland (+14.7 bn compared with +9.5 bn). The EU27 trade deficit increased with Russia (-56.5 bn compared with -45.1 bn) and Norway (-27.9 bn compared with -21.8 bn), remained nearly stable with China (-87.0 bn compared with -86.8 bn), but fell with Japan (-12.2 bn compared with -13.0 bn) and South Korea (-2.7 bn compared with -7.2 bn).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+88.9 bn euro in January-July 2011), followed by the Netherlands (+26.5 bn) and Ireland (+25.0 bn). The United Kingdom (-66.5 bn) registered the largest deficit, followed by France (-51.2 bn), Spain (-26.6 bn), Italy (-20.7 bn), Greece (-10.9 bn) and Portugal (-9.8 bn).
