Information about http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2006/PGE_CAT_PREREL_YEAR_2006_MONTH_09/6-15092006-EN-AP.PDF
…
Tags: 15 september, area1, bn, chemicals sector, china, energy deficit, european communities, eurostat, india, major partners, member states, norway, rest of the world, russia, statistical office, surpluses, switzerland, trade balance, trade deficit, trade surplus,Pages: 6
Language: english
Created: Thu Sep 14 16:14:11 2006
Display cached document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
122/2006 - 15 September 2006
July 2006
Euro area external trade surplus 1.5 bn euro
12.8 bn euro deficit for EU25
The first estimate for the euro area1 trade balance with the rest of the world in July 2006 gave a 1.5 bn euro
surplus compared with +7.4 bn in July 2005. The June 20062 balance was also +1.5 bn, compared with +6.8 bn in
June 2005. In July 2006 compared with June 2006, exports, seasonally adjusted, fell by 2.2% while imports rose by
1.8%.
The first estimate for July 2006 extra-EU25 trade was a deficit of 12.8 bn euro, compared with -3.6 bn in July 2005.
In June 20062, the balance was -12.0 bn, compared with -2.3 bn in June 2005. In July 2006 compared with June
2006, exports, seasonally adjusted, fell by 4.5% and imports by 0.6%.
These data are released by Eurostat, the Statistical Office of the European Communities.
EU25 January-June 2006 detailed results
The energy deficit grew strongly (-141.0 bn euro in January-June 2006 compared with -96.4 bn in January-June
2005), while the surpluses rose in the chemicals sector (+37.6 bn compared with +32.5 bn) and for machinery and
vehicles (+51.0 bn compared with +46.9 bn).
EU25 trade flows with its major partners grew. The most notable increases were for exports to China (+24% in
January-June 2006 compared with January-June 2005), Russia and Canada (both +21%) and Turkey (+20%),
and for imports from Russia (+39%), Norway (+35%), China (+24%) and India (+20%).
The EU25 trade surplus with the USA increased (+43.5 bn euro in January-June 2006 compared with +39.5 bn in
January-June 2005), but decreased with Switzerland (+6.7 bn compared with +7.9 bn). The EU25 trade deficit
grew strongly with China (-57.6 bn compared with -46.3 bn), Russia (-39.1 bn compared with -25.1 bn) and
Norway (-21.8 bn compared with -13.5 bn), and slightly with Japan (-16.4 bn compared with -15.2 bn).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+76.0 bn euro in
January-June 2006), followed by the Netherlands (+19.4 bn), Ireland (+16.2 bn) and Sweden (+9.8 bn). The
United Kingdom (-49.0 bn) registered the largest deficit, followed by Spain (-43.3 bn), Greece (-16.9 bn), France
(-16.4 bn) and Italy (-14.3 bn).
Euro area trade - non seasonally adjusted data bn euro
Flows Jul 06 Jul 05 Growth Jun 06 Jun 05 Growth Jan-Jul 06 Jan-Jul 05 Growth
Extra-euro area exports 113.0 105.2 7% 117.3 r 108.0 9% r 779.9 696.3 12%
Extra-euro area imports 111.5 97.8 14% 115.8 r 101.2 14% r 794.5 673.8 18%
Extra-euro area trade balance 1.5 7.4 1.5 r 6.8 -14.7 22.5
Intra-euro area dispatches 111.5 100.3 11% 121.1 r 109.7 10% 803.3 724.8 11%
EU25 trade - non seasonally adjusted data bn euro
Flows Jul 06 Jul 05 Growth Jun 06 Jun 05 Growth Jan-Jul 06 Jan-Jul 05 Growth
Extra-EU25 exports 94.5 92.0 3% 101.0 r 95.1 6% 663.8 595.9 11%
Extra-EU25 imports 107.3 95.6 12% 113.0 r 97.3 16% r 771.3 646.7 19%
Extra-EU25 trade balance -12.8 -3.6 -12.0 r -2.3 -107.5 -50.8
Intra-EU25 dispatches 193.2 170.8 13% 211.1 r 187.5 13% r 1 403.2 1 230.7 14%
r: Revised
1. Euro area: Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, Netherlands, Austria, Portugal and
Finland.
2. The first estimates for June 2006 were +2.0 bn euro for the euro area and -11.8 bn for the EU25. See News Release
109/2006 issued on 21 August 2006.
3. This News Release is based on data available on 12 September 2006. These are provisional figures based on information
provided by Member States. They are subject to frequent revision for up to two years after the month in question.
Furthermore, national concepts may differ from the harmonised methodology used by Eurostat, leading to differences
between figures in this release and those published nationally, both for raw data and for seasonally adjusted series.
4. July intra-EU data for Italy are estimated by Eurostat.
5. Since the introduction of Intrastat for intra-EU trade on 1 January 1993, the value of dispatches has been consistently higher
than that of arrivals. In theory, as dispatches are declared FOB and arrivals CIF, the value of arrivals should be slightly
higher than that of dispatches. Eurostat uses dispatches as the more reliable measure of total intra-EU trade as, at
aggregated levels, total dispatches has better coverage than total arrivals. Due to this divergence in intra-EU trade, and to
the difficulties of interpreting figures in absolute terms at the level of individual Member States, trade balances for individual
Member States must be interpreted with caution. The same caution applies to the trade balance of the euro area, which
includes some intra-EU trade.
6. The next News Release including revised data for July 2006 and first estimates for August 2006 will be issued on 18 October
2006.
Issued by: For further information on data:
Eurostat Press Office
Gilberto GAMBINI
Tim ALLEN Tel: +352-4301-35 806
BECH Building
L-2920 LUXEMBOURG Karo NUORTILA
Tel: +352-4301-34 802
Tel: +352-4301-33 444
Fax: +352-4301-35 349 Fax: +352-4301-34 339
eurostat-pressoffice@ec.europa.eu estat-etfree@ec.europa.eu
Eurostat news releases on the Internet:
http://ec.europa.eu/eurostat/
Euro area trade - previous 6 months - non seasonally adjusted data bn euro
Flows May 06 Apr 06 Mar 06 Feb 06 Jan 06 Dec 05
Extra-euro area exports 115.2 r 106.8 r 122.3 r 105.1 r 100.3 r 109.8
Extra-euro area imports 118.4 r 108.9 r 121.6 108.3 r 110.0 110.3
Extra-euro area trade balance -3.3 r -2.1 0.6 r -3.2 -9.7 r -0.5
Intra-euro area dispatches 119.1 r 108.3 r 125.9 r 110.1 r 107.3 r 105.2
EU25 trade - previous 6 months - non seasonally adjusted data bn euro
Flows May 06 Apr 06 Mar 06 Feb 06 Jan 06 Dec 05
Extra-EU25 exports 99.1 r 91.0 r 104.3 r 89.9 r 84.1 r 98.5
Extra-EU25 imports 114.9 r 105.8 r 116.5 r 104.8 r 109.0 107.5
Extra-EU25 trade balance -15.8 r -14.7 -12.3 -14.9 -25.0 r -9.0
Intra-EU25 dispatches 208.3 r 191.9 r 222.0 r 191.0 r 185.7 r 180.6
r: Revised
Main products Euro area - non seasonally adjusted data bn euro
Euro area exports Euro area imports Trade balance
Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05
Primary products: 80.5 64.1 26% 215.0 162.2 33% -134.6 -98.1
Food & drink 39.2 34.7 13% 34.6 31.4 10% 4.6 3.3
Crude materials 15.1 12.5 21% 29.7 25.9 14% -14.6 -13.5
Energy 26.1 16.9 54% 150.8 104.8 44% -124.6 -87.9
Manufactured goods: 570.5 512.1 11% 458.8 404.9 13% 111.8 107.2
Chemicals 103.4 92.3 12% 65.1 58.3 12% 38.3 34.0
Machinery & vehicles 296.2 266.6 11% 226.1 201.1 12% 70.1 65.5
Other manuf'd articles 171.0 153.2 12% 167.6 145.4 15% 3.4 7.7
Other 15.9 14.9 7% 9.2 8.9 4% 6.7 6.0
Total 666.9 591.1 13% 683.0 575.9 19% -16.1 15.1
Main products - EU25 - non seasonally adjusted data bn euro
EU25 exports EU25 imports Trade balance
Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05
Primary products: 69.4 54.5 27% 231.2 171.4 35% -161.8 -116.8
Food & drink 28.1 24.7 14% 33.3 30.3 10% -5.3 -5.6
Crude materials 13.7 11.1 24% 29.2 25.9 13% -15.5 -14.8
Energy 27.6 18.8 47% 168.6 115.2 46% -141.0 -96.4
Manufactured goods: 484.4 434.9 11% 418.2 367.7 14% 66.2 67.2
Chemicals 91.1 79.9 14% 53.5 47.3 13% 37.6 32.5
Machinery & vehicles 248.4 224.4 11% 197.4 177.5 11% 51.0 46.9
Other manuf'd articles 144.9 130.7 11% 167.3 142.9 17% -22.4 -12.3
Other 15.6 14.4 8% 14.6 12.1 21% 1.0 2.4
Total 569.3 503.9 13% 664.0 551.2 20% -94.7 -47.3
Main trading partners Euro area - non seasonally adjusted data bn euro
Euro area exports to Euro area imports from Trade balance
Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05
United Kingdom 107.0 100.4 7% 83.9 73.2 15% 23.1 27.1
United States 98.6 88.4 12% 64.6 59.4 9% 34.0 29.0
China 24.5 19.9 23% 65.4 52.4 25% -40.9 -32.4
Russia 23.4 19.3 21% 48.9 35.6 37% -25.5 -16.3
Switzerland 36.4 34.7 5% 30.6 28.2 9% 5.8 6.5
Poland 28.1 20.7 35% 19.5 15.1 29% 8.6 5.6
Sweden 24.1 22.5 7% 23.1 20.8 11% 0.9 1.7
Japan 16.9 16.7 1% 28.2 26.3 8% -11.3 -9.6
Czech Republic 19.9 16.5 21% 18.7 15.2 23% 1.2 1.3
Turkey 19.1 15.9 20% 14.2 12.2 17% 4.9 3.7
Main trading partners - EU25 - non seasonally adjusted data bn euro
EU25 exports to EU25 imports from Trade balance
Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05
United States 133.3 119.9 11% 89.8 80.4 12% 43.5 39.5
China 29.3 23.7 24% 86.9 70.0 24% -57.6 -46.3
Russia 30.7 25.4 21% 69.8 50.4 39% -39.1 -25.1
Switzerland 42.0 40.1 5% 35.4 32.2 10% 6.7 7.9
Japan 22.0 21.3 3% 38.3 36.5 5% -16.4 -15.2
Norway 19.1 16.7 14% 40.8 30.2 35% -21.8 -13.5
Turkey 23.1 19.2 20% 19.0 16.2 17% 4.1 3.0
South Korea 10.8 9.7 11% 18.4 15.7 18% -7.7 -6.0
Canada 13.6 11.2 21% 9.5 8.0 18% 4.2 3.2
India 11.3 10.0 13% 11.4 9.5 20% 0.0 0.6
Member States' total trade (intra-EU25 + extra-EU25) - non seasonally adjusted data bn euro
Total exports Total imports Trade balance
Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05 Growth Jan-Jun 06 Jan-Jun 05
Belgium 147.1 133.3 10% 141.1 127.0 11% 6.1 6.3
Czech Republic 36.3 30.3 20% 35.1 29.0 21% 1.2 1.3
Denmark 37.4 32.5 15% 35.4 29.1 22% 2.0 3.4
Germany 426.9 379.2 13% 350.9 295.7 19% 76.0 83.5
Estonia 3.6 2.8 28% 4.9 3.7 34% -1.3 -0.9
Greece 8.0 6.5 23% 24.9 21.2 17% -16.9 -14.7
Spain 84.2 75.2 12% 127.5 109.6 16% -43.3 -34.4
France 198.1 181.9 9% 214.5 196.2 9% -16.4 -14.3
Ireland 44.8 43.6 3% 28.6 27.1 5% 16.2 16.5
Italy 158.4 143.1 11% 172.7 149.9 15% -14.3 -6.8
Cyprus 0.5 0.5 2% 2.8 2.3 21% -2.3 -1.8
Latvia 2.3 1.9 17% 4.0 3.1 28% -1.7 -1.2
Lithuania 5.5 4.2 31% 7.3 5.5 31% -1.7 -1.3
Luxembourg 9.6 6.7 42% 10.8 8.1 33% -1.2 -1.4
Hungary 27.9 23.9 17% 29.0 25.1 16% -1.1 -1.2
Malta 1.0 0.9 16% 1.5 1.4 11% -0.5 -0.5
Netherlands 180.4 156.4 15% 161.0 138.5 16% 19.4 17.9
Austria 54.3 48.8 11% 53.9 49.2 10% 0.4 -0.4
Poland 41.3 33.9 22% 45.8 38.3 19% -4.5 -4.4
Portugal 17.0 15.3 11% 25.9 24.4 6% -8.9 -9.1
Slovenia 9.0 7.5 20% 9.1 7.7 18% -0.1 -0.2
Slovakia 15.1 11.9 26% 16.7 13.1 28% -1.6 -1.1
Finland 29.9 25.5 17% 26.5 23.0 15% 3.5 2.5
Sweden 58.2 52.0 12% 48.4 43.5 11% 9.8 8.5
United Kingdom 182.4 145.9 25% 231.4 195.2 19% -49.0 -49.3
Annex - Seasonally adjusted data
Seasonally adjusted series have been calculated using one harmonised methodology. The seasonally adjusted
series give a complementary view of the monthly evolution of trade. Seasonally adjusted figures may not match
those published by Member States, due to differences in the raw data3, in the choice of seasonal adjustment model
and to the use of series in national currency or in euro.
Euro area trade - seasonally adjusted data bn euro
Growth Growth Growth Growth Growth
Flows Jul 06 Jun 06 May 06 Apr 06 Mar 06 Feb 06
Jul/Jun Jun/May May/Apr Apr/Mar Mar/Feb
Extra-euro area exports 110.7 113.2 112.5 112.4 112.3 110.2 -2.2% 0.5% 0.1% 0.1% 1.9%
Extra-euro area imports 117.1 115.0 114.0 113.6 112.4 113.0 1.8% 0.9% 0.3% 1.1% -0.5%
Extra-euro area trade balance -6.4 -1.8 -1.5 -1.2 -0.1 -2.7
Intra-euro area dispatches 116.8 115.6 115.7 112.1 111.2 111.4 1.1% -0.1% 3.2% 0.8% -0.1%
EU25 trade - seasonally adjusted data bn euro
Growth Growth Growth Growth Growth
Flows Jul 06 Jun 06 May 06 Apr 06 Mar 06 Feb 06
Jul/Jun Jun/May May/Apr Apr/Mar Mar/Feb
Extra-EU25 exports 92.1 96.5 96.2 96.2 96.7 95.8 -4.5% 0.2% 0.0% -0.5% 1.0%
Extra-EU25 imports 111.8 112.5 111.1 109.6 109.2 110.4 -0.6% 1.3% 1.4% 0.4% -1.1%
Extra-EU25 trade balance -19.7 -16.0 -14.9 -13.3 -12.4 -14.6
Intra-EU25 dispatches 204.1 202.5 203.0 199.2 197.2 194.4 0.8% -0.2% 1.9% 1.0% 1.4%
Contribution of EU25 Member States to extra-EU25 trade - seasonally adjusted data bn euro
Total exports Total imports Trade balance
Jul 06 Jun 06 Growth Jul 06 Jun 06 Growth Jul 06 Jun 06
EU25 92.1 96.5 -4.5% 111.8 112.5 -0.6% -19.7 -16.0
Belgium 3.9 5.1 -24.0% 4.7 6.1 -22.8% -0.9 -1.0
Czech Republic 1.0 0.9 3.5% 1.3 1.2 1.9% -0.3 -0.3
Denmark 1.9 1.9 1.2% 1.5 1.7 -10.2% 0.4 0.2
Germany 25.6 25.4 0.8% 22.5 22.2 1.5% 3.1 3.2
Estonia 0.2 0.2 -3.4% 0.3 0.3 7.0% -0.1 0.0
Greece 0.6 0.7 -0.3% 1.9 1.9 -1.0% -1.3 -1.3
Spain 3.8 4.1 -6.2% 8.2 8.7 -5.4% -4.4 -4.6
France 11.2 12.0 -6.7% 11.8 11.3 4.5% -0.6 0.7
Ireland 2.8 2.7 7.3% 1.4 1.5 -7.6% 1.4 1.1
Italy 10.8 11.7 -8.3% 13.3 13.1 1.7% -2.5 -1.3
Cyprus 0.0 0.0 0.5% 0.1 0.2 -40.7% -0.1 -0.2
Latvia 0.1 0.1 -3.6% 0.2 0.2 3.9% -0.1 -0.1
Lithuania 0.4 0.4 -5.9% 0.5 0.5 -10.3% -0.1 -0.2
Luxembourg 0.1 0.1 -9.3% 0.6 0.5 10.8% -0.4 -0.4
Hungary 1.1 1.1 -0.6% 1.7 1.6 5.7% -0.6 -0.5
Malta 0.1 0.1 -2.7% 0.1 0.1 1.7% 0.0 0.0
Netherlands 6.3 6.6 -5.0% 14.1 13.8 1.8% -7.8 -7.3
Austria 2.7 2.8 -2.7% 2.0 2.0 -1.6% 0.7 0.8
Poland 1.6 1.7 -9.5% 2.4 2.3 8.1% -0.9 -0.5
Portugal 0.6 0.7 -5.3% 1.0 1.0 1.5% -0.4 -0.3
Slovenia 0.5 0.5 -0.6% 0.4 0.4 4.0% 0.1 0.1
Slovakia 0.4 0.4 17.4% 0.7 0.7 0.1% -0.3 -0.3
Finland 2.2 2.2 -2.2% 1.8 1.7 5.2% 0.4 0.5
Sweden 4.0 3.8 3.5% 2.7 2.6 5.7% 1.2 1.2
United Kingdom 10.2 11.2 -9.0% 16.5 16.8 -1.5% -6.3 -5.6
Seasonally adjusted data
Extra-euro area trade
bn euro
120
100
80
60
40
20
0
-20
01-04 04-04 07-04 10-04 01-05 04-05 07-05 10-05 01-06 04-06 07-06
Balance Imports Exports
Extra-EU25 trade
bn euro
120
100
80
60
40
20
0
-20
01-04 04-04 07-04 10-04 01-05 04-05 07-05 10-05 01-06 04-06 07-06
Balance Imports Exports