EU chemicals Jan–Mar trade surplus rises 14% to €27.3bn – Eurostat

15 June 2012 11:28  [Source: ICIS news]

LONDON (ICIS)--The EU’s chemical products trade surplus for January to March 2012 increased by 14% from the same period in 2011, with imports and exports both higher, EU statistics body Eurostat said on Friday.

Eurostat’s figures showed that the trade surplus for chemicals in the EU rose to €27.3bn ($34.6bn) in the first three months of 2012, up from €24.0bn in the same period the year before.

Exports rose by 8% year on year to €67.4bn, and imports increased by 4% to €40.0bn.

The chemicals trade surplus in the eurozone for January–March was €30.0bn, up by 13% from €26.5bn during the same period in 2011. Exports grew by 6% to €76.6bn and imports by 2% to €46.6bn.

Main products – EU27 – non-seasonally adjusted data (€bn)


EU27 exports

EU27 imports

Trade balance

Jan-Mar 11

Jan-Mar 12

Growth

Jan-Mar 11

Jan-Mar 12

Growth

Jan-Mar 11

Jan-Mar 12

Chemicals

62.4

67.4

8%

38.4

40.0

4%

24.0

27.3


Main products – EA17 – non-seasonally adjusted data (€bn)


EA17 exports

EA17 imports

Trade balance

Jan-Mar 11

Jan-Mar 12

Growth

Jan-Mar 11

Jan-Mar 12

Growth

Jan-Mar 11

Jan-Mar 12

Chemicals

72.0

76.6

6%

45.5

46.6

2%

26.5

30.0

Source: Eurostat

($1 = €0.79)


By: Franco Capaldo
+44 (0)20 8652 3214



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