By KUNA,
Brussels : European Union exports of goods to Canada grew from 21.1 billion euro to 25.9 bn, while imports from Canada to the EU rose from 19.0 bn to 23.3 bn between 2000 and 2007. As a result the EU surplus in trade with Canada increased slightly from 2.1 bn in 2000 to 2.6 bn in 2007. Canada accounted for 2.1 percent of EU exports and 1.6 percent of EU imports, and was the EU’s eleventh most important trading partner.
EU Foreign Direct Investment (FDI) in Canada grew strongly, from 12.0 bn euro in 2005 to 58.3 bn in 2007, while Canadian investment into the EU increased from 7.8 bn in 2005 to 9.0 bn in 2007. The figures were release here today by Eurostat, the EU’s statistical office on the occasion of the EU – Canada summit which will take place on Friday in Montreal.