Advertise On EU-Digest

Annual Advertising Rates

3/23/09

EU-Digest: Europe’s Exports to U.S. Drop 4%, the Most in 5 Years - by Lorenzo Totaro

For the complete report from Bloomberg.com click on this link

Europe’s Exports to U.S. Drop 4%, the Most in 5 Years - by Lorenzo Totaro

European exports to the U.S. declined the most in five years in 2008 as the global financial crisis curtailed demand in the region’s main trading partners. Shipments to the U.S., the euro region’s second-biggest trading partner after the U.K., dropped 4 percent last year, the European Union’s statistics office in Luxembourg said today. Exports to the U.K. also fell 4 percent. Overall euro-area exports rose 4 percent in 2008, the smallest gain in five years.

No comments: