Publish in Special Reports - Tuesday, February 19, 2013
Spain, here represented by Madrid, is now Latin America's second-largest EU trade partner and helped boost Colombia's exports to Europe last year. (Photo: Fermin Rodriguez Fajardo)
BY JOACHIM BAMRUD
While the Colombia free trade agreement with the European Union awaits ratification by Colombian lawmakers, a Latinvex analysis of new data shows that Colombia leads Latin America in export growth to the EU.
Meanwhile, Spain replaced The Netherlands as Latin America’ second-largest trade partner in the European Union.
Thanks to a slowdown in purchases from Latin America and a double-digit increase in exports to the region, the European Union last year posted a 2.1 billion euro (US$2.8 billion) surplus with Latin America compared with an 11.9 billion euro deficit in 2011, according to a Latinvex analysis of data from Eurostat.
Total trade reached ...
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Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Haiti, Honduras, Italy, Mexico, Netherlands, Nicaragua, Panama, Paraguay, Peru, Spain, United Kingdom, Uruguay and Venezuela
TABLES
EU-Latin America Trade 2012
Top Latin American Trade Partners
Top Latin American Exporters to the EU
Top Latin American Markets for the EU
Top EU Trade Partners
EU-Latin American Trade: Winners & Losers
EU Exports to Latin America: Winners & Losers
Latin American Exports to EU: Winners & Losers