Extra euro area trade rose by a fifth in 2010 after a fall in 2009 - Issue number 51/2011 - Products Statistics in Focus

In 2010, extra euro area (EA17) trade increased to EUR 3086 billion from EUR 2545 billion in 2009, corresponding to a growth of 21%. EA17 imports rose by 22% and exports by 20%. The EA17 trade balance went from a surplus of EUR 15 billion in 2009 to a deficit of EUR 9 billion in 2010. In 2010, the United Kingdom was the leading partner for extra EA17 exports, accounting for almost 13% of all exports, followed by the United States. China led for imports with 13.5% of total EA17 imports, followed by the United Kingdom, the United States and Russia. Both import and export trade were dominated by machinery and vehicles, followed by other manufactured goods. In 2010, machinery and vehicles made up 41.5% of EA17 exports and 31.2% of EA17 imports.