EU Trade With Latin America Sets New Record
The European Union last year set a new record in trade with Latin America thanks to strong growth in two-way trade between the top trading partners in each region.
Total EU trade with Latin America reached 141.1 billion euro (approximately $177.2 billion) last year, a 18.0 percent increase from 2005, according to data from EU statistics agency Eurostat. EU exports grew by 14.9 percent to 62.8 billion euro, while imports from Latin America expanded by 20.6 percent to 78.3 billion euro.
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