EU chems Jan-July trade surplus up on higher exports, imports

16 October 2012 12:32  [Source: ICIS news]

LONDON (ICIS)--The EU’s chemical products trade surplus for January to July increased by 17% from the same period in 2011, with imports and exports both higher, EU statistics body Eurostat said on Tuesday.

Eurostat’s figures showed that the trade surplus for chemicals in the EU rose to €66.1bn ($85.8bn) in the first seven months of 2012, up from €56.5bn in the same period last year.

Exports rose by 10% year on year to €161.7bn, and imports increased by 6% to €95.6bn.

The chemicals trade surplus in the eurozone in the January–July period was €71.9bn, up by 14% from €62.8bn during the same period in 2011.

Eurozone chemicals exports grew by 8% to €181.9bn and imports by 4% to €110.0bn.

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

 

EU27 exports

EU27 imports

Trade balance

Jan-Jul 11

Jan-Jul 12

Growth

Jan-Jul 11

Jan-Jul 12

Growth

Jan-Jul 11

Jan-Jul 12

Chemicals

146.8

161.7

10%

90.3

95.6

6%

56.5

66.1

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

 

EA17 exports

EA17 imports

Trade balance

Jan-Jul 11

Jan-Jul 12

Growth

Jan-Jul 11

Jan-Jul 12

Growth

Jan-Jul 11

Jan-Jul 12

Chemicals

168.5

181.9

8%

105.7

110.0

4%

62.8

71.9

Source: Eurostat

($1 = €0.77)


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