By EuAsiaNews,
Brussels : Exports from the 27-member European Union to India increased by 26% to reach 19.4 billion euro for the period January to July 2010 from 15.4 billion euro January to July 2009.
For the same seven-month period, Indian exports to the EU went up by 25% from 15.1 billion euro to 18.8 billion euro, according to figures released by Eurostat, the EU statistics office.
EU trade with all its major partners grew in January-July 2010 compared with January-July 2009.
The most notable increases were recorded for exports to Brazil (+57%), China (+41%) and Turkey (+38%), and for imports from Russia (+43%), China and India (both +25%).
The EU trade surplus increased with the USA (+39.2 bn euro in January-July 2010 compared with +22.7 bn in January-July 2009), Switzerland (+9.7 bn compared with +7.3 bn) and Turkey (+9.4 bn compared with +3.5 bn).
The EU trade deficit increased with China (-86.4 bn compared with -75.2 bn), Russia (-42.7 bn compared with -24.5 bn) and Norway (-21.7 bn compared with -19.0 bn), and remained nearly stable with Japan
(-12.3 bn compared with -11.9 bn) and South Korea (-7.1 bn compared with -6.9 bn).