Eurostat News Release: 10th ASEM Summit – ASEM partners accounted for 44% of EU28 imports and 30% of exports in 2013, 15 Οκτωβρίου.
From 2003 to 2013, the share in EU28 international trade in goods of the 20 non-EFTA partner countries (ASEM partners) taking part in the Asia-Europe Meeting rose significantly, with the share of the ASEM partners in EU28 exports increasing from 25% to 30%, and from 40% to 44% for imports. The EU28 registered a trade deficit with the ASEM partners during the whole period, growing from €162 billion in 2003 to a peak of €308bn in 2008, before falling to €219 bn in 2013. EU28 trade in goods with the ASEM partners is largely dominated by manufactured goods, which accounted for 86% of exports and for 68% of imports in 2013.