EU27 January-August 2008 detailed results
The EU27 energy deficit increased (-253.7 bn euro in January-August 2008 compared with -169.4 bn in January-August 2007), while the surplus for machinery and vehicles rose (+101.7 bn compared with +78.3 bn).
EU27 trade with most of its major partners grew, with the exception of exports to the USA (-5% in January-August 2008 compared with January-August 2007) and Japan (-4%), and imports from South Korea (-8%) and Japan (-4%). The largest increases were recorded for exports to Russia (+24%) and Brazil (+23%), and for imports from Norway (+31%) and Russia (+30%).
The EU27 trade surplus fell with the USA (+42.5 bn in January-August 2008 compared with +52.2 bn in January-August 2007), while it increased with Switzerland (+12.1 bn compared with +10.1 bn). The EU27 trade deficit grew with Russia (-51.7 bn compared with -37.0 bn) and Norway (-34.1 bn compared with -20.4 bn), and remained nearly stable with China (-101.9 bn compared with -101.6 bn) and Japan (-22.0 bn compared with -23.0 bn).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+127.4 bn euro in January-August 2008), followed by the Netherlands (+27.9 bn) and Ireland (+17.2 bn). The United Kingdom (-82.2 bn) registered the largest deficit, followed by Spain (-65.1 bn), France (-44.2 bn) and Greece (-24.0 bn).
