News

Oct 04

Significant increase of trade in goods between EU27 and Eastern Partnership countries over last decade

Between 2000 and 2010, EU27 trade in goods with the 6 Eastern Partnership countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine)  has more than doubled, with Ukraine accounting for half of Eastern Partnership trade with the EU. 

These and other findings feature in the factsheet on trade in goods between the 27 Member States of the EU and the 6 Eastern Partnership countries issued by Eurostat (the statistical office of the European Union) ahead of the Eastern Partnership summit in Warsaw on 29-30 September.

 

Compared with the first half of 2010, EU27 trade with the Eastern Partnership continued to grow in the first half of 2011, a Eurostat news release says. Among the Eastern Partnership countries, Ukraine (€9.6 billion or 58% of total exports) was the leading destination for EU27 exports in the first half of 2011, followed by Belarus (€4.0 billion or 24%). The leading source of EU27 imports from the Eastern Partnership was also Ukraine (€7.8 billion or 44% of total imports), followed by Azerbaijan (€7.2 billion or 40%).

 

Among the EU27 Member States, Germany, Italy and Poland were the most important trading partners of the Eastern Partnership in the first half of 2011. Germany (4.3 bn euro or 26% of total exports) was the largest exporter, Italy (6.3 bn or 35% of total imports) was the largest importer.

Nearly 40% of EU27 exports to the Eastern Partnership in the first half of 2011 were machinery and vehicles, while other manufactured goods accounted for around a quarter. Energy accounted for half of imports and other manufactured goods for almost a quarter.


Read more

Eurostat: http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/6-28092011-AP/EN/6-28092011-AP-EN.PDF

ENPI Info Centre; http://www.enpi-info.eu/indexeast.php?lang_id=450

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Dr. James Scott
Project manager
Ph: (+358) 50366 0653
Project information
Project name: EUBORDERREGIONS
Project duration: 01.03.2011-28.02.2015
Lead partner: University of Eastern Finland
Total budget: 3 386 700 €
EU contribution: 2 644 090 €