Rise in EU-India trade

By EuAsiaNews

Brussels : Exports from the 27-member European Union to India grew by 21% from January-November 2007 compared with January-November 2006.


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EU exports to India totaled 26.6 billion euros for the 11-month period in 2007 compared to 21.9 bn euros in 2006.

EU imports from India grew by 17% to 24.4 bn euros in 2007 from 21.0 bn euro for the same period in 2006.

At the same time, EU exports to China increased by 13% to reach 65.3 bn euros from 57.9 and imports from China to the EU totaled 212.9 bn euro in 2007 from 177.7 bn euro for the same 11-month period in 2006.

The EU trade deficit grew with China from -147.6 bn to -119.8 bn euro .

The figures were released Friday by the EU’s statistical office Eurostat.

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