Trade Resources Economy The Overview of EU's Trade From Jan. to Sep. in 2015

The Overview of EU's Trade From Jan. to Sep. in 2015

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From January to September in 2015, EU’s imports & exports value was USD 2936.42 billion, down 14.3%. Exports value was USD 1490.42 billion, down 12.7% and imports value was USD 1446.0 billion, down 15.8%. EU’s trade surplus was USD 44.41 billion, compared to USD 11.02 billion, trade deficit of the same period of last year.

In terms of different regions, EU’s exports value to America, China, Switzerland, Turkey and Russia was USD 305.38 billion, 140.34 billion, 122.22 billion, 66.0 billion, and 60.52 billion, respectively, making up 20.5%, 9.4%, 8.2%, 4.4% and 4.1% of the total EU’s exports. The proportion change were +0.1%, -13.7%, -12.5%, -9.6% and -42.9%.

Imports value from China, America, Russia, Switzerland, Norway was USD 286.5 billion, 202.2 billion, 104.85 billion, 84.26 billion and 51.34 billion, accounting for 19.8%, 14.0%, 7.3%, 5.8% and 3.6% of the total imports respectively. The proportion changes were -3.9%, -0.8%, -41.1%, -13.7% and -29.1%.

China tops the list of 5 sourcing country of EU trade deficits, followed by Russia, Vietnam, Norway and Bangladesh. The deficit was USD 146.16 billion, 44.32 billion, 18.25 billion, 11.4 billion and 10.91 billion. The surplus was mainly from America, Switzerland and United Arab Emirates.

In terms of different commodities, EU’s main products for export were mechanical and electrical products, transportation equipment and chemicals and the exports value was USD 377.08 billion, 242.65 billion, and 235.21 billion from January to September respectively, accounting for 25.3%, 16.3% and 15.8% of the total exports. The proportions’ changes were -14.5%, -7.3% and -5.1%. Besides, minerals exports declined sharply and the fall was 35.4%.

The top 3 commodities for EU’s import were mechanical and electrical products, minerals, chemicals and the imports value was USD 338.0 billion, 304.59 billion, and 138.06 billion respectively from January to September. The proportions’ changes were -4.2%, -38.1% and 7.4%. Besides, precious metals and products imports declined sharply and the fall was 12.6%.
 

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