EU chemicals Jan-June trade surplus up on higher exports, imports

17 September 2012 10:56  [Source: ICIS news]

LONDON (ICIS)--The EU’s chemical products trade surplus for January to June increased by 13% from the same period in 2011, with imports and exports both higher, EU statistics body Eurostat said on Monday.

Eurostat’s figures showed that the trade surplus for chemicals in the EU rose to €60.6bn ($79.7bn) in the first six months of 2012, up from €53.7bn in the same period last year.

Exports rose by 7% year on year to €154.9bn, and imports increased by 3% to €94.2bn.

The chemicals trade surplus in the eurozone in the January–June period was €55.6bn, up by 16% from €48.0bn during the same period in 2011.

Eurozone chemicals exports grew by 9% to €137.0bn and imports by 5% to €81.4bn

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

 

EA17 exports

EA17 imports

Trade balance

Jan-Jun 11

Jan-Jun 12

Growth

Jan-Jun 11

Jan-Jun 12

Growth

Jan-Jun 11

Jan-Jun 12

Chemicals

144.8

154.9

7%

91.1

94.2

3%

53.7

60.6


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

 

EU27 exports

EU27 imports

Trade balance

Jan-Jun 11

Jan-Jun 12

Growth

Jan-Jun 11

Jan-Jun 12

Growth

Jan-Jun 11

Jan-Jun 12

Chemicals

125.8

137.0

9%

77.8

81.4

5%

48.0

55.6

Source: Eurostat

($1 = €0.76)


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



AddThis Social Bookmark Button

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.

Printer Friendly

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