EU28 detailed results for January to June 2014
The EU28 deficit for energy decreased (-€171.8 bn in January-June 2014 compared with -€186.3 bn in January-June 2013), as did the surplus for machinery and vehicles (+€123.2 bn compared with +€135.5 bn).
The highest increases in EU28 exports were registered with China (+10% in January-June 2014 compared with January-June 2013) and South Korea (+8%), and for EU28 imports with South Korea (+11%), Turkey (+7%), China and Switzerland (both +5%). The most notable decreases were recorded for exports to Switzerland (-22%), Russia (-13%) and India (-11%), and for imports from Russia and Japan (both -6%), Norway and Brazil (both -5%).
The EU28 trade surplus increased with the USA (+€49.0 bn in January-June 2014 compared with +€44.4 bn in January-June 2013), but decreased with Switzerland (+€22.6 bn compared with +€44.5 bn) and Turkey (+€9.7 bn compared with +€14.7 bn). The EU28 trade deficit fell with China (-€61.3 bn compared with -€62.4 bn) and Norway (-€18.4 bn compared with -€20.1 bn), but increased with Russia (-€45.3 bn compared with -€44.4 bn).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+€100.7 bn in January-June 2014), followed by the Netherlands (+€31.1 bn), Ireland (+€17.6 bn) and Italy (+€17.3 bn). The United Kingdom (-€60.2 bn) registered the largest deficit, followed by France (-€36.9 bn), Spain (-€11.9 bn) and Greece (-€10.6 bn).