EPRS Admin By / December 14, 2016

Development of EU exports and imports of goods to and from ASEAN

Development of EU exports and imports of goods to and from ASEAN

Development of EU exports and imports of goods to and from ASEAN

Over the past decade, the level of trade between the two partners has grown steadily, with the exception of the decrease in 2009, triggered by the global financial and economic crisis. This increase in trade was, however, coupled with a constant negative trade balance on the EU side. In 2013, the EU trade deficit dropped to its lowest value since 2000. The deficit and its proportion of total trade increased in both 2014 and 2015.

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