Drop in EU-India trade flows: Report
July 18th, 2009 - 2:29 am ICT by IANS ( Leave a comment )Brussels, July 18 (IANS) The European Union (EU) exports to India between January and April stood at 8.3 billion euros (about $11 billion), while the figure in the same period last year was 10.3 billion euros (about $14 billion), the EuAsiaNews said Friday.
The Eurostat, statistical bureau of the EU, said the trade flow of the 27-member European block with all its major partners, including India, fell in the first four months of this year.
The largest decreases, however, were recorded for EU exports to Russia (-38 percent in January-April 2009 compared with the same period in 2008), Turkey (-36 percent), South Korea (-24 percent), and for imports from Russia (-42 percent), Japan and Turkey (both -28 percent), Brazil (-27 percent).
The EU trade surplus fell with the US (+8.9 billion euros in January-April 2009 compared with +22.4 billion euros in the same period in 2008) and Switzerland (+3.8 billion compared with +6.5 billion last year).
The EU trade deficit decreased with China (-46.9 billion compared with -49.1 billion), Russia (-12.8 billion compared with -24.6 billion), and Japan (-7.5 billion compared with -12.1 billion) for the same period.
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- EU-India trade up 26 percent in 2010 - Oct 17, 2010
- EU exports to India hit $28 bn - Sep 18, 2011
- EU-India trade rises by 20 percent - Feb 09, 2012
- EU-India trade drops in 2009 - Feb 17, 2010
- European exports fall despite economic recovery - Oct 16, 2009
- China surpasses US as EU's top trade partner - Oct 16, 2011
- EU exports to India in 2011 worth $36.5 bn - Nov 15, 2011
- India is EU's 9th major trading partner - Dec 09, 2010
- EU trade surplus with India was over $3 bn in 2008 - Nov 04, 2009
- China's September trade surplus drops - Oct 13, 2011
- European leaders disagree over China's EU investments - Dec 28, 2010
- China's foreign trade growth slows in November - Dec 11, 2011
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