EFTA States among EU's most important trading partners

Published 21-09-2011
Recent figures from Eurostat show that the EFTA States were among the main trading partners of the European Union in the first half of the year. For the period January to June 2011, Switzerland was the third main importer of EU products after the United States and China.

Viewing Norway and Switzerland as one importing block, only the United States had higher imports from the EU. For exports to the EU, only China and Russia were more important. The United States and the EFTA States both had EUR 93.5 billion in exports to the EU in the first half of 2011.

Norwegian exports to the EU increased by 22%, while imports to Switzerland from the EU grew by 18% comparing January to June 2011 to the same period the previous year.

It is also worth noting that both Norway and Switzerland individually are bigger trading partners with the EU than countries such as Japan, India, Brazil and South Korea.

Those figures were published in a news release from Eurostat on 16 September 2011. No data was available for Iceland or Liechtenstein as it deals with the EU's main trading partners only.

Click here to read the Eurostat news release.

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