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MENAFN - Kuwait News Agency (KUNA) - 27/11/2012

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(MENAFN - Kuwait News Agency (KUNA)) International trade in services of the 27-member European Union increased in 2011, with EU exports of services to the rest of the world rising by seven percent, from EUR 567 billion in 2010 to EUR 604 billion in 2011.

According to figures released Monday by Eurostat, the EU's statistical agency, EU imports of services from the rest of the world also increased by four percent, from EUR 464 billion to EUR 483 billion for the same period.
As a result, EU trade in services recorded a surplus of EUR 121 billion in 2011, compared with EUR 103 billion in 2010.

The EU surplus in 2011 was mainly due to surpluses in business, professional and technical services, financial services, computer and information services, transportation and construction services, and insurance services, noted Eurostat.

 






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