EU Jan-Aug trade surplus up 2.2% as exports fall

18 November 2013 11:16  [Source: ICIS news]

ShippingLONDON (ICIS)--The EU chemical products trade surplus for January to August increased by 2.2% from the same period last year, official data from agency Eurostat showed on Monday.

The chemicals trade surplus rose to €78.2bn ($105.7bn) from €76.5bn in the same period of 2012, according to Eurostat data.

Non-seasonally adjusted data showed that chemical exports from the EU28 fell by 1% year on year to €183.8bn, while imports declined to €105.6bn.

Data for the 17-member eurozone showed flat year-on-year export and import levels for the period, at €210.1bn and €124.2bn respectively.

Main products – EU28 – non-seasonally adjusted data (€bn)

EU28 exports

EU28 imports

Trade balance

Jan-Aug 12

Jan-Aug 13

Growth

Jan-Aug 12

Jan-Aug 13

Growth

Jan-Aug 12

Jan-Aug 13

Chemicals

185.7

183.8

-1%

109.1

105.6

-3%

76.5

78.2

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

EA17 exports

EA17 imports

Trade balance

Jan-Aug 12

Jan-Aug 13

Growth

Jan-Aug 12

Jan-Aug 13

Growth

Jan-Aug 12

Jan-Aug 13

Chemicals

209.8

210.1

0%

124.4

124.2

0%

85.4

85.9

($1 = €0.74)


By: Tom Brown
+44 208 652 3214



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