Imports went up 0.9 percent from a year earlier to EU 27.01 billion in January, mostly boosted by higher purchases of capital goods (13.5 percent); food, beverages and tobacco (3.7 percent); chemicals (2.0 percent); automotive sector (1.1 percent); durable consumer goods (4.0 percent); non-chemicals semi-manufactures (1.3 percent) and consumption manufactures (1.0 percent). On the other hand, imports declined for energy products (-13.2 percent); capital goods (-12.6 percent); and other products (-34.6 percent)
Among major trading partners, imports increased from China (10.7 percent) and the US (24.7 percent), but decreased from the UK (-13.2 percent) and the Euro Area (-1.1 percent), namely Germany (-0.3 percent) and Italy (-6.7 percent).
Exports dropped 1.3 percent to EUR 22.53 billion in January, mainly due to lower sales of automotive sector (-4.6 percent); energy products (-22.8 percent); consumption manufactures (-15.4 percent); durable consumer goods (-0.6 percent) and other products (-14.0 percent). Meanwhile, sales rose for capital goods (8.6 percent); food, beverages and tobacco (4.6 percent); non-chemicals semi-manufactures (3.8 percent) and chemicals (1.2 percent).
Among major trading partners, sales declined to the Euro Area (-3.1 percent), of which France (-4.5 percent) and Italy (-2.7 percent) while exports to Germany advanced (1.9 percent). Sales also decreased to the UK (-0.8 percent) and China (-6.6 percent) but went up to the US (1.9 percent).