EU chemicals trade balance for Jan-Feb period in surplus
18 May 2010 11:22 [Source: ICIS news]
LONDON (ICIS news)--The EU's chemical products trade surplus for the period of January to February during 2010 rose by 34.3% year on year, while imports and exports both increased during those months, an industry body said on Tuesday.
Figures released by Eurostat, the statistical office of the European Communities, showed the trade balance surplus for chemicals in the EU27 bloc of countries rose to €14.1bn ($17.4bn) in the first two months of 2010, from the €10.5bn recorded for the same period in 2009, as exports grew 15% and imports increased by 5%.The euro area (EA16) chemicals trade balance surplus for January to February rose year on year to €15.7bn from €12.1bn, as exports increased 14% to €39.2bn while imports grew 6% to €23.4bn.
Manufactured Chemical products – EU27 - non seasonally adjusted data (€bn)
|
EU27 exports |
EU27 imports |
Trade balance | ||||||
|
Jan-Feb 09 |
Jan-Feb 10 |
Growth |
Jan-Feb 09 |
Jan-Feb 10 |
Growth |
Jan-Feb 09 |
Jan-Feb 10 | |
|
Chemicals |
29.3 |
33.8 |
15% |
18.7 |
19.6 |
5% |
10.5 |
14.1 |
Manufactured Chemical products - EA16 - non seasonally adjusted data (€bn)
|
EA16 exports |
EA16 imports |
Trade balance | ||||||
|
Jan-Feb 09 |
Jan-Feb 10 |
Growth |
Jan-Feb 09 |
Jan-Feb 10 |
Growth |
Jan-Feb 09 |
Jan-Feb 10 | |
|
Chemicals |
34.3 |
39.2 |
14% |
22.2 |
23.4 |
6% |
12.1 |
15.7 |
Data provided by Eurostat
($1 = €0.81)
To discuss issues facing the chemical industry visit ICIS connect
By: Franco Capaldo
+44 (0)20 8652 3214
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |
Related Articles
- 17 Jun 10 11:08 EU construction output growth hits a wall in April
- 15 Jun 10 10:47 EU chemicals trade surplus rises during first quarter of 2010
- 14 Jun 10 10:59 EU chemicals production continues to grow in April - Eurostat
- 10 Jun 10 11:12 Finland’s chemicals output falls by 7.7% in April
- 02 Jun 10 13:05 EU chemical industry producer prices up 5.8% in April - Eurostat
- 18 May 10 21:48 New euro low may help European chemical exports to Asia
- 18 May 10 13:19 VIDEO - ICIS news Europe Lunchtime Bulletin 18 May 2010
- 19 Apr 10 17:39 INSIGHT: US chemicals show hope amid caution in Europe
- 16 Apr 10 11:25 EU chemicals trade surplus rises 55% in January
- 17 Feb 10 12:02 EU chemicals trade balance for Jan-Nov period in surplus
- 15 Jan 10 11:41 EU chemicals trade balance in surplus as imports and exports fall
Latest News
- 20 May 13 16:48 INSIGHT: Europe looking hard at its ethane, shale gas options
- 20 May 13 16:32 China customs reject up to 30% R-PET exports from Europe - sources
- 20 May 13 16:25 Phillips 66 resumes operations at Texas refinery
- 20 May 13 16:23 Enbridge continues cleanup of 2,500 bbl oil spill in Oklahoma
- 20 May 13 16:01 US PPG completes acquisition of assets aerospace coatings firm Deft