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Tuesday, 09 August 2011

EU–27 trade in goods with ACP countries

In 2010, the overall trade in goods (the sum of imports and exports) between the EU and the ACP countries was valued at EUR 133 billion. This was a rise of 20 % compared with 2009 but failed to regain the value recorded in 2008. The growth was evenly shared between imports and exports. The trade deficit, which had persisted for nearly a decade, turned into a trade surplus in 2009 and continued in 2010 (EUR 3.8 billion). South Africa continues to be the most important trading partner among ACP countries accounting for more than a quarter in terms of EU-27 imports and exports. Nigeria and Angola follow in second and third places, although together they account for lower trade values than South Africa. The EU has now made comprehensive data available in a publication.

Source: European Commission

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