EU28 detailed results for January 2014
The EU28 deficit for energy decreased (-32.5 bn euro in January 2014 compared with -34.9 bn in January 2013), while the surplus for machinery and vehicles increased (+14.9 bn compared with +14.3 bn).
EU28 imports from most of its major partners fell in January 2014 compared with January 2013, except for Turkey (+3%) and China (+1%), while they remained stable with India. The most notable decreases were recorded for imports from Russia (-10%), Japan (-7%) and Brazil (-5%). For EU28 exports, the largest increases were registered with China (+12%) and Japan (+8%), and the most notable falls for exports to Brazil and Russia (both -10%) and Turkey (-5%).
The EU28 trade surplus increased with the USA (+6.6 bn euro in January 2014 compared with +6.1 bn in January 2013), decreased with Turkey (+1.3 bn compared with +1.7 bn) and remained stable with Switzerland (+5.7 bn). The EU28 trade deficit fell with China (-13.6 bn compared with -14.6 bn) and Russia (-9.3 bn compared with -10.4 bn) and remained stable with Norway (-3.8 bn).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+15.3 bn euro in January 2014), followed by the Netherlands (+5.0 bn), Ireland (+2.4 bn) and the Czech Republic (+1.6 bn). The United Kingdom (-9.6 bn) registered the largest deficit, followed by France (-8.2 bn), Spain (-2.5 bn) and Greece (-1.6 bn).