By EuAsiaNews,
Brussels : The 27-member European Union exported 3 billion euro worth of goods to India in the month of January 2011, an increase of 42% from 2.1 billion euro in January 2010.
The EU imported goods worth 3.1 billion euro from India in the month of January 2011, an increase of 23% from 2.5 billion euro in January 2010, according to figures released by the EU’s statistical office EUROSTAT.
EU trade with all its major partners grew in January 2011 compared with January 2010. The most notable increases were recorded for exports to Turkey (+53%), Russia (+49%), India (+42%) and Norway (+41%), and for imports from Norway (+39%), Brazil (+38%), Russia (+33%) and China (+31%).
The EU trade deficit for the same period increased with China (-15.7 bn euro compared with -12.3 bn), Russia (-9.4 bn compared with -7.6 bn), Norway (-4.3 bn compared with -3.1 bn) and Japan (-2.1 bn compared with -1.7 bn), but fell with South Korea (-0.8 bn compared with -1.3 bn).