During 2010, euro area trade recorded a surplus of 0.7 bn euro, compared with +16.6 bn in 2009. The EU27 recorded a deficit of 143.3 bn in 2010, compared with -108.1 bn in 2009.
These data are released by Eurostat, the statistical office of the European Union.
EU27 detailed results for January to November 2010
The EU27 deficit increased for energy (-267.1 bn euro in January-November 2010 compared with -218.4 bn in January-November 2009), while the surplus for manufactured goods rose (+156.7 bn compared with +142.5 bn).
EU27 trade with all its major partners grew in January-November 2010 compared with January-November 2009. The most notable increases were recorded for exports to Brazil (+48%), China and Turkey (both +38%), and for imports from Russia (+33%), China (+31%) and India (+30%).
The EU27 trade surplus increased with the USA (+67.0 bn euro in January-November 2010 compared with +42.6 bn in January-November 2009), Switzerland (+18.5 bn compared with +13.5 bn) and Turkey (+16.8 bn compared with +6.8 bn). The EU27 trade deficit increased with China (-154.8 bn compared with -121.7 bn), Russia (-61.2 bn compared with -45.9 bn) and Norway (-33.0 bn compared with -28.6 bn). The deficit remained nearly stable with Japan (-19.8 bn compared with -19.4 bn) and South Korea (-10.4 bn compared with -10.3).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+140.3 bn euro in January-November 2010), followed by Ireland (+40.3 bn), the Netherlands (+38.1 bn) and Belgium (+16.5 bn). The United Kingdom (-105.4 bn) registered the largest deficit, followed by France (-57.4 bn), Spain (-46.5 bn), Italy (-24.5 bn), Greece (-21.0 bn), Portugal (-18.1 bn) and Poland (-11.9 bn).
