Rising exports, imports buoy EU chems trade surplus Jan-Nov 2012

15 February 2013 11:57  [Source: ICIS news]

LONDON (ICIS)--The EU’s chemical products trade surplus for the period between January and November last year increased by 16% from the same period in 2011, driven by a year-on-year increase in imports and exports, EU statistics body Eurostat said on Friday.

Eurostat’s figures showed that the trade surplus for chemicals in the EU rose to €106.3bn ($141.7bn) in the first 11 months of 2012, up from €91.7bn in 2011.

Exports rose by 9% year on year to €256.8bn, and imports increased by 5% to €150.4bn.

The chemicals trade surplus in the eurozone between January and November was €114.6bn, up 13% from €101.7bn during the same period in 2011.

Eurozone chemicals exports grew by 7% during the period to €287.5, and imports by 4% to €172.9bn.

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

 

EU27 exports

EU27 imports

Trade balance

Jan-Nov 11

Jan-Nov 12

Growth

Jan-Nov 11

Jan-Nov 12

Growth

Jan-Nov 11

Jan-Nov 12

Chemicals

234.8

256.8

9%

143.2

150.4

5%

91.7

106.3


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

 

EA17 exports

EA17 imports

Trade balance

Jan-Nov 11

Jan-Nov 12

Growth

Jan-Nov 11

Jan-Nov 12

Growth

Jan-Nov 11

Jan-Nov 12

Chemicals

268.2

287.5

7%

166.4

172.9

4%

101.7

114.6

($1 = €0.75)


By: Tom Brown
+44 208 652 3214



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