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India-E.U. Trade up 20 Percent
Friday, 20 January 2012, 16:36 IST
Brussels: Exports from the European Union (E.U.) to India grew by 20 percent to 33.4 billion euros (about $43 billion) between January and October 2011, compared to the corresponding period in the previous year, the E.U. statistical office said.
It was 28 billion euros during January to October in 2010, the EuAsia News reported quoting the Eurostat. Exports from India to the 27-member E.U. also went up by 20 percent from 27.8 billion euros in January-October 2010 to 33.3 billion euros during the review period in 2011.
E.U. trade with all its major partners grew in January to October 2011, compared with 2010, except for imports from South Korea (-8 percent), noted Eurostat. The highest increases were recorded for exports to Russia (+28 percent), Turkey (+23 percent), China (+21 percent) and India (+20 percent) and for imports from Russia (+26 percent), Norway (+21 percent), Brazil and India (both +20 percent).
Source: IANS
Source: IANS