Latest News:  
Beijing   Sunny/Cloudy    8 / -3   City Forecast

People's Daily Online>>China Business

EU trade deficits with China declines

(People's Daily)

15:22, February 20, 2012

Edited and translated by People's Daily Online

According to latest statistics released by the European Union Statistics Office, the euro zone's foreign trade deficit was 7.7 billion euro in 2011 and 14.7 billion euro in 2010. The European Union's foreign trade deficit was 152.8 billion euro in 2011 and 159.5 billion euro in 2010. The statistics indicate that both the euro zone and European Union's foreign trade situations have been improved and their foreign trade deficits with China have declined.

Statistics show that the European Union's foreign trades with its 11 major trade partners in the first 11 months of 2011 had all increased compared to these of the same period of 2010. The European Union's export to Russia, China and Turkey had increased by 26 percent, 21 percent and 21 percent, respectively. And its imports from Russia, India and Norway had increased by 25 percent, 19 percent and 19 percent.

The European Union's foreign trade deficit with China and Japan had decreased from 155.3 billion euro and 20.5 billion euro of the first 11 months of 2010 to 145.4 billion euro and 17.5 billion euro of the same period of 2011. But its trade deficits with Russia and Norway had increased from 66.1 billion euro and 33.2 billion euro to 82.3 billion euro and 42.1 billion euro, respectively.


Leave your comment0 comments

  1. Name


Selections for you

  1. Cargo ship sinks killing 8 in southeast China waters

  2. New York Knicks fall to first loss in "Jeremy Lin era"

  3. Asia's Fashion Jewellery and Accessories Fair opens in Hong Kong

  4. International strawberry symposium opens in Beijing

Most Popular


  1. China takes responsible attitude towards Syrian
  2. Admire Jeremy Lin for his skills, not the way he looks
  3. VP Xi's U.S. tour hailed as future-oriented landmark
  4. Vote on Syria resolution shows responsibility
  5. China's rise is opportunity for world
  6. China, US need healthy, stable military ties
  7. Promoting China-US relations needs open mind
  8. Promoting peace talks shows China's attitude
  9. European integration at crossroad
  10. China needs to improve overseas security

What's happening in China

Big need for mother-and-baby nurses

  1. Datong vice mayor killed
  2. 100,000 yuan is no dead end job
  3. City aims to stimulate with duty-free shopping
  4. Shanghai's microblog 'most influential'
  5. Man held over expat complex break-ins

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai