Exports, imports drive EU chems trade surplus growth in Jan-Oct period

15 January 2013 11:05  [Source: ICIS news]

LONDON (ICIS)--The EU’s chemical products trade surplus for the period between January and October last year increased by 17% from the same period in 2011, driven by a year-on-year increase in imports and exports, EU statistics body Eurostat said on Tuesday.

Eurostat’s figures showed that the trade surplus for chemicals in the EU rose to €95.6bn ($127.5bn) in the first ten months of 2012, up from €81.9bn in the same period in 2011.

Exports rose by 10% year on year to €232.5bn, and imports increased by 5% to €136.9bn.

The chemicals trade surplus in the eurozone between January and October was €103.9bn, up 14% from €91.1bn during the same period in 2011.

Eurozone chemicals exports grew by 7% to €260.6bn and imports by 3% to €156.8bn.

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

 

EU27 exports

EU27 imports

Trade balance

Jan-Oct 11

Jan-Oct 12

Growth

Jan-Oct 11

Jan-Oct 12

Growth

Jan-Oct 11

Jan-Oct 12

Chemicals

212.1

232.5

10%

130.1

136.9

5%

81.9

95.6


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

 

EA17 exports

EA17 imports

Trade balance

Jan-Oct 11

Jan-Oct 12

Growth

Jan-Oct 11

Jan-Oct 12

Growth

Jan-Oct 11

Jan-Oct 12

Chemicals

242.7

260.6

7%

151.6

156.8

3%

91.1

103.9

Source: Eurostat


By: Tom Brown
+44 208 652 3214



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