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Surplus in EU trade in services with BRIC1 countries in 2006
- Share to:
In 2006, EU-27 international trade in services with Brazil, Russia, India and China (BRIC) registered exports with a total value of €46.0bn and imports worth €39.0bn. The EU trade in services balance with BRIC countries registered a permanent surplus during the period 2004 to 2006. In 2006, the surplus amounted to €7.0bn. Since 2004, China has been the EU’s main trading partner among the BRIC countries. The economic rise of Brazil, Russia, India and China, over the last decade has been impressive, triggering major changes on the world economic stage. These countries have made substantial trade and output gains in recent years, expanding at rates far exceeding global averages. China stands out in the region for its rapid economic expansion and emergence as a major global player. As a result, they are increasingly attracting world interest.
Mushtaq HUSSAIN, Franca FAES-CANNITO - Personal Name
NONE
Economics
English
2008
1-4
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