Germany largest trading partner of CELAC amongst EU27 Member States
Among the EU27 Member States, Germany (24.4 bn euro or 28% of the total) was by far the largest exporter to CELAC in the first nine months of 2012, followed by Italy (10.6 bn or 12%), Spain (10.4 bn or 12%) and France (9.7 bn or 11%). The Netherlands3 (17.0 bn or 20%) was the largest importer, followed by Spain (15.5 bn or 18%), Germany (13.5 bn or 16%), the United Kingdom (9.9 bn or 11%) and Italy (7.7 bn or 9%).
The largest surpluses in trade with CELAC in the first nine months of 2012 were recorded by Germany (+10.9 bn euro), France (+3.8 bn) and Italy (+2.9 bn), and the largest deficits by the Netherlands3 (-9.8 bn), Spain (-5.0 bn) and the United Kingdom (-3.9 bn).
Brazil, Mexico, Argentina and Chile largest trading partners of the EU27 amongst CELAC
Among the 33 members of the CELAC, Brazil (29.6 bn euro, or 34% of the total) was the leading destination for EU27 exports in the first nine months of 2012, followed by Mexico (20.7 bn or 24%), Argentina (6.5 bn or 8%) and Chile (6.1 bn or 7%). The leading sources of EU27 imports from CELAC were also Brazil (28.5 bn or 33%), Mexico (14.3 bn or 17%), Argentina (7.7 bn or 9%) and Chile (7.4 bn or 9%). The largest surpluses in trade with CELAC were registered with Mexico (+6.3 bn euro) and Panama (+1.8 bn), and the largest deficits with Costa Rica (-4.4 bn), Colombia (-2.3 bn) and Peru (-2.2 bn).
An EU27 surplus of 12.8 bn euro in trade in services with CELAC in 2011
In 2011, the EU27 exported 37.7 bn euro of services to CELAC, while imports amounted to 24.9 bn, meaning that the EU27 had a surplus of 12.8 bn. CELAC accounted for nearly 6% of the EU27's total trade in services in 2011.
Among the members of the CELAC, and as for trade in goods, Brazil, Mexico, Argentina and Chile were the largest traders of services with the EU27 in 2011. The EU27 registered its largest surpluses in services with Brazil (+4.3 bn), Mexico (+2.6 bn) and Venezuela (+2.3 bn), and its largest deficit with Barbados (-0.7 bn).