EU28 detailed results for January to July 2014
The EU28 deficit for energy decreased (-€201.9 bn in January-July 2014 compared with -€219.4 bn in January-July 2013), as did the surplus for machinery and vehicles (+€149.3 bn compared with +€162.4 bn).The highest increases in EU28 exports were registered with China (+11% in January-July 2014 compared with January-July 2013), South Korea (+10%) and the United States (+5%), and for EU28 imports with South Korea (+12%), Turkey (+7%), China (+6%) and Switzerland (+5%). The most notable decreases were recorded for exports to Switzerland (-22%), Russia (-12%) and India (-10%), and for imports from Russia and Norway (both -7%) and Brazil (-5%).
The EU28 trade surplus increased with the USA (+€59.4 bn in January-July 2014 compared with +€52.9 bn in January-July 2013), but decreased with Switzerland (+€24.2 bn compared with +€50.5 bn) and Turkey (+€11.0 bn compared with +€17.1 bn). The EU28 trade deficit fell with Norway (-€21.2 bn compared with -€24.3 bn), and remained nearly stable with China (-€72.5 bn compared with -€73.1 bn) and Russia (-€50.6 bn compared with -€50.5 bn).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+€124.5 bn in January-July 2014), followed by the Netherlands (+€34.6 bn), Italy (+€24.3 bn), Ireland (+€20.1 bn) and the Czech Republic (+€10.0 bn). The United Kingdom (-€76.2 bn) registered the largest deficit, followed by France (-€43.2 bn), Spain (-€13.6 bn) and Greece (-€12.4 bn).