External Trade of the European Economic Community 1958/71 and 1970/71. 7 June 1973.

'r'

r"':' _{t tl.;,tt',,i4trt}

:

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,

3

r/zoonr*E

0rJ,6. F

C , - r{'}tr.- i Ì.

PéT)

b)^,6,-^

4,

c E

Directorate-General

of,

&cterfaL Affaira

""

f-'E-2

,,I

Brussels,

,/

EITERNAI, IRADE OT' IEE

EIIROPEA}I ECOIIOMIC COMMUNITY

L958/n

A}tD

-4

L97o/?t

//

xé

I (

I

I

't

_i:

,'i'n f,

't,l

il'

I

I-3he

II -

Ihe

III -

lhe

IV

-

fhe

A.

B-tlzw/w-n

DAEE

É

EEC atld

tbrld trade...r...

₁

Aggregate llraite

(iater

+ extra

-

EEC)

..

. r

.1... )

I+

Intra-Couountty

_{trad.g..!... -...,.. r.. o... r.,}

₅ Extra-Oounurlty tradg..

Ò...,...

o

Òo....r... r I

The trade growth and the trade

baLance...,J...,

8

GeographicaL d'i.strl'butl.on. Ò. o. o

.... o....

..

....

..

..

I]-1.

Incl,ustrial Countries (OLass

_{I).,...r....o.}

₁₁

(d

Changes f,n trade

baIaaces.r...,...

12

(f)

_{geographical distribr-rtion.}

_{r...Ò.tr...o. ..}

_L3

- Etr'TA. a.. a...c e a r o. ! ....a. a a.... ... LJ

-

Othor l{eEt Euro,ìean

Countrie§,.o...

14

- North AngrLca.cG..o a...r... I!

-

Other

Industrtal

_{Cor:rntries..o.c... I!}

2.

DevelopiDg countries (cL.ass 2)

_...

o . .. c

....,.

16

(a)

[he

trade growth

_ald

_the

_trade

_baIance...

₁₆

(Ul

Geogr4phical

_{d.istrihu,tionr...oo... ..t l?}

-

AsgocJ.atgd oversea

countries...r...

18

- Iratin America.r... r.. Ò c... o ?.. o.r... LB

- tlgstgrn Asi,a...t.r...r.... 19

- Other Asiar countries and Oceatrla.. , e .. .. 1.9

3. state-tradrn8 countrie8..'.r...o. o... ?o

(a) EEC trade balancgoo...?r...r...o _2f.

(u) _{Geographical d.tstributiono...o... 21} compositioa

of

extra-contrunJ.ty

trade....

...

zI

c

D

-

Trade

ldth

prlnctpaL countrieci

or

_{regLons by}

prodUct clasges... _{c... o!... oo .. o.. 2J}

1.

rnclustrial

colurtrie8 (class

_{r)..o....or...,}

zJ

2.

Developlng countrles (crass 2)

,..

_r.

...

.

...

o

...

.

33

t/zoonr-s

Al'INEICES

f

.

Ihe EEC _{and, tilcrLd Trade}

I#ee

tr.

Ehe EEC

in

tprLd trad.e

2.

Tota.l growth Ln urorrd trad,e, and

irr

the

trade

of

certairt

..

ecoaonic area6

or

countriesr 1958 and. l9?L

].

Conparative importance

of

EEC external

trade

(inter

+ _extra)

and other econonic areas

or

countries

4.

External trade

structure

of

EEC and other econouic areas or

countries

fI.

fbe Aggregate Srade

(intra

+ extra

_-

EEC)

1.

Aggregate trade

of

the EEC

2.

External trad,e

of

the

six (inter

+ extra

_-

EEC)

fII.

f,he Intra-Conmunity Trade

1.

Iatra-Conmunity trade

of

the

six

2.

Balance

of

intra-Conraunity trade

3.

Cbannels

of

intra-Conmunity

trade

(g)

4.

Cbannels

of

intra-Comrrrunity

trade

(%)

!.

Conpoai.tion

of

intra-Community tracte

fV.

Ihe Extra-Connrrnlty Eracle

L.

frade and trade balances

of

EEO countries by regione _{and countriee}

(a)

EEc

(b)

France

(c)

neigo-Luxenbourg Economic Union (BtEU)

(d)

Netherlands

(e)

Germaly (FR)

'

_{(t) rtaly}

2'

§ources and destinations

of

EEC

tradel

tg51 and r9?r

(d

Lnports

(b)

Exports

3.

trade

of

menber countries by product group§

(a)

T-mports

(b)

Exports

| _ì --"i't ,: / ' ,' \il, I ll

I

,'1

-l

r/aw/23-s

I.

[gE EEC AIID hORTD TRADE

lhen

eix

European

coutriee

_-

_{Germar5r, Be1giuol trbance,}

_Italy,

_Ldxeubourg

and the Netherl.and,s

-

_set

up _.the European Conrmon

l{arket, thé

_{event cogld,}

\

not

be

rithout

its

repercussions on uorLd

trade,

Soroe

of

_{the national'}

econonig§ uere among the uost

inportaat

_{and the nost advanced}

_ln

_the

_uorLd;

and

this,

coupled

uith

the

ouccessful creation of,

a

custome _{union rdthout}

any dutieEì

or

quota

restrictions

betueen

the

countries concertred, aatural.ly

induced

a

considerable e:rpanslon in, tracle between the Six'and

_in

consequenoe,

betueen

the

connunity and the

rest

of

_:,

_the

r,rorrd.

The tradJ'ng posl,tion

_of

_the

joint

_rrnlty

_of,

_six

_European

_couttries

_becane steadLly stronger as

the

unificatl.on

of

Europe

progreesed.

_{l[he eva.luat1on}

of

tbe

tracting

resrrlts

ùiffere

in

varying clegrees accordins

to

_{shether Lt}

relatee

to

the aggregate external trade

of

the Gomnunity

(i.e.

_{the trade}

of

the dl'fferent

Connunity _{countri.ee, both}

_r*ith

_their

_{Gonnon uarket}

partners and

uith

_{countries outside the Connunity}

_of

_§lx)

_r

_only

_to

_the extra-Comnunity

_trade

(i.e.

_the

_trade

_with

_th.irit

_{countries rdrj.ch are not}

nenberg.of the Coruaunity)

_or

_{the i.ntra-Connunity}

_trade,

_consisting

_éf

_the

trade of, the counon Market countrieu

_àtn

one another.

Today

_the

EEC

is

the

_{world's leading conmerci41 power,}

"ven when the o11.Iy

figuree taken

into

account are those

_of

_the

extra-Conmrurity

trade. In

,.

this'resp.ect the' change since 1958 (rrzeto

year[

for

the Cryno1 Market) je _rcte,qtJo,

wheu the'EEc _{was already}

_the

_{ncirrd,s uiggest}

_inporler,

_but

_{not ys.t,the}

biggest'exporter.

§ince then thè EEc has becone the biggest e:rporter.+lsor

ite

ftgures

_{rising naterially}

_{ab'ove those}

_of

_{the United}

_{statee. In}

_11n1

theJ.nportsintot]reEECfromth1rdcountrieLuereg4g.!bi11ion,or.

L'?'896

of

total

_mrId,

_inports

"xòtoair,g the countries

of'the

eastern bLoc.

-2-

ilm/zr-t,

ll

-'t" ,1.

t

)-Ì

,'.:

!

-t

t,

llhe coryeepondJ.ne

flgrrre

ln

L9?O ms 18 .46 eurtd

ta

L958

it

hsd been LZ.Lfi.

IB 19?X there was

a

decrease

ln

the

Conruturityre

_elure

of

-tlie

uorl4te

total

Luport

trade,

Ia:nge§,due

to

.an _{.exoeBtional grorth ,Ln funporte 5,nto tho}

UnLted

§tateol

uhlch roae

ty

L4.I#

on the year agalnat 8?É

tot

the EEO

arrd oatry 4.496 f,or.

rlapan.

Ir

the

elrport. trade the Coruounity

total.

for

L97a rera'Éfl.6 bilS.Lons

or

19.506

of

.the,' mrld,

totalr

conpared

rlth

19.a#

ta

l97O and 17.8%

tn

1958 (oee Table

I,

Aonexes

t

aad

2).

_.

_,

Illie growth

ln

the Connuntty traèe

d.tb

third

countries bet*eeu 1958 and

197Or tbough proportLonateLy leoe tbarl

that of

Japanl ua6 groater than the

avefage gror,rth

in

_norld,

_trade,

_ana

ln

_tbe'trade

_of

_noet

_of

_{the otber}

countrlee

ot

regl.ons.

Iota.I

srowbh Ln world trade and

in

the trade

of

certain

economf.c areae on countrLee Lg5S-?l

É--'

_(per

_cent)

EEC

EE8A

Great

t

United

'

:Latln

lglgf {".} .*

Br:Ltatq

St_atge AneÀl,_qq

2o4

r.8z L24 z[j

tl}I

a18

186 1r+1 149

1Ig

ùapan U§SR

l,ì

I

uorta(1)

-Inport

.. L92

Bxtrrort

195

55o

r87

?35

2n

(1.)uxcLoding.

the

trade

of

the

eaetern

,A.gonparisoa of, uprld trade rd.th

the

aggregate trade

of

the Oonounity

(1.e.

the

total

value

of

extra-Connuul,ty anfl :lntra-Coonunity trarte) ehorm thqt

tb

Ooosurntty

fl'guree

for

_I97l

&re near).y

a

tbird of

the

world

totaL

-

30.46

of

iaporto

*d

32-3?6

of

e:(pQrts.

[alcing the

iqtra

and

extra

trade together, the'dEC

atXd

,I,

of

the

uorld's.total

trade (tnport

_{and export)}

tn

_{19?I agaLnet}

_o+y

2?f6 7n

1958.

For EE'EA the 197r fLgure _{yas.Ll.Gft (agalnat L?lùi}

for

the

Untted

States

it

rles a

little

over 14# (a8alnsÈ

_L1?il.

_{Between 1958 and I9?1} the Oonnurity proportl.on

of

ruorld trade increaseil by an average

of

,?6 Ber. '

a.trBun, whereas

that

of

EfTd

fell

by O.?1É _{arrnually aad}

that

of

the _United

§tates by 0.4#.

t'

I

'- I

bloc

.../...

-5

-

r/zoonr-B

During the

1{

yoar6 concerned,

the

e:Eanel.on,

in

the OorunuaJ.ty.rs e:rterna.I

tracle uas narked by cha"ngee

ln its strrrcture.

fhe

change vas

partly

.

SeograBhlcal ,and,

partly

tn.

the

composltion both

of

J.nports and

of

erq>orts.

[he unilerlylag cause

_me

the

fact

that. wor].d. ctenald

for

manufactured goods

'

Ear greater than tJrat

_{"I

.basic producto.

fhe Corultrrtity

is still

_the

_{worldts biggest i-mporter}

_of

_priuary

_products,

though the proportion

of

these prod,ucto

in

_the

total

_{i.mport trad.e rrras}

fa-ì.3.ing

consistértly

until 1969.

In

_{1970r the}

laet

year

_for

uhich rtror}d

figures

are avai.Lable, the EEC _accouted.

for

_Z!i6

ot

_{vorid lnports}

of

_bapic

products (28%

tn

_{L96» and about L3.%6}

_of

_those

_of

_{rnanufactured. goode.}

The 1970 tncreaoe

of

about a

point

in

the Comrnwrity share of, _{uorld iuports}

of

baEic prod,ucts r.,ras due

to

the

conslderably higher proportj.on

of

_energy

productsr more eepecia"lly

oiI.

Thj.s was Largely due

to

the matenial

iacrease

in

roorLd,

oil

prices;

(and

in

Lg?O the ffiC uas responEible

for

45fr

of

rcrl.d l.nports

of

energy. _{products against} oaJ-y _3afi

h

1969)

.

DegSilte

thlsl.

the imports of,

indusirial

goods durLng the J,4-year perlod^ vere

growing _{appreciably f,aster than those}

_of

_prinary

_products.

_{fhl.s tend,ency}

.,1

i6

even norè

clearly

markeil

in

tbe

erqlort

trader

for

the EEG share Ln luorLd,

-,4ìi

- l).- v2@t?tr-§

II.

Betueen 1958 apd 19?1 the aggregate

lnports

(intra

+ exttra

_-

EEC) roce

tuoo _f22.g

to

É98.5

biIl,ion,

wlÉLe e:rports

roae

tr(E

i22.?

to

ÉfOO bl.Llj.on.

Tbere naE thue

a

total

riEe

ot:11}16

in

thepùrchaeeb

and],W

in

tbo

ealeel

representipg aD average annua-l growth-rate

of

LA6.

t,t

Inports'

(cif)

'$r(I)ortg (rou)

.Trarle

batrance

r2s-

19_6_0

te63

terl

_"1

9§?,

_I2§g'

4

9tt6

29

₅₉₅

I}o

₄₁₄

₅₁

_6?5

₅₅

₀₆₈

_{61 988}

22 ?"25 29

_7Zg

₃₇

₅₅₅

₅₂ 6,11 ₅₆

_L3g

64 ZO6

r7]'

.

+

Lr+ \2

859

-

gg2

+1

o7l

+2

2I8

+

L969

75 594

75 69L'

r97_o

19?1_

88

+22

g8 _4tg

88.+gg t"oo 025

9?

+

??

+1 ₅₄₆

Apnrrel^g§.gt fuerc-qU

Ls5sl Lg60/

Ls6t/

Ls6?J Lg61/ _{Ls64/ Ls65/ Lg66/ Ls6?/ WeL/ 19691} Ls?o/ Lri+/ ,

5g 59 60 6+

. ₆₂

_{_§r.}

_6;h

_.

62

,,4,6

J3,

6S.

*dt

'

ip_',

:L3

I0

llhe geaenal lnprovement

in

trre'connunity trade balance rae

partly

due to

changea Ln the terns

of

tracle andl

partly to

tb,e leee

rapld

growbh _{l,n ùryortÉ.}

f,here was qul.te

_a

vlgorous Lncrease l.n e:rports

fron

the Netherland,e

(+I6f),

tr'rance (+t5961 _aad

Italy

_{Gt31$) and a nore nod,erate accelerati6n}

_.tt

_the

_J.nport

trade

lnto

the sane countriee

(ftgfy

+6%i _Netherlanas

_+Iosi

_{France +LL10.}

lhe

gronth

_in

_the

_{external trade}

_of

_{the Belgo-Irtucenbourg Union showed a}

trend which uas the oppoeite

of

that

in

the other

countrj.es.

X'or BelgÉ,un

the nore coaeid,erable

_riee

iu

_lnports

_than

_in

_{e:iporte bad, e partLcrrlariy}

adverse

effect

on the bal-ance

of

_{pa;noentsl and}

_the

_eurplus

_of

_ilhl

_allll,oo

in

197o becano

_a

deficLt

of

_i46o

nillioa

_ia

_19?1.

_{l[he tracle ba,lance of,}

Federa.l Germany, however, remalned, _{werl on} the credtt

_side

(oee _fabre

_r,

Annex 2).

Importe

&qlorte

lJg10ztl?2L7u.

t3 Ie to

_{? 1l+ L? L?}

15

1L

6 9 9 6

u.

22 L8

lr:

.../...

I

-5-

r/2o0n3-E

Iu

I97I

ths

BeneLux countrles ere

o.tilI

the EEC uenbere

in

rdrich the

conparati.ve Lnportance

of

external trade

(i.e.

the vaLue

of

the trade per

inhabttant'and the proportLon

_of

_{the trade}

_to

the'GNP)

is

at

its

biggesti

and tr?aace

is

the corrntry

in

whlch external trade

ls still

suallest

l.n

proportl.on

_to

the GNP, whilLe

ltaly is

thé

country wfrere the va"Lue

of

thE

trade per lnhabitant

is

lowest (see _Sable

_II,

_Annex

_2).

Between Lg58 and 1971,

the

growth

of

the

aggregate external trade

of

the

Connual.ty ,wàs _narked by

a

continuoue increase

in

the proportLon

of

intra-Connuaity

trader

and

a

corresponding declÉae

in

tbe _BroportÉsn

of

effha-Connunity

trade.

This rrae

the

consgguence

of

the

setting

up

of

a

cUston§

t.

utlon

b.etreen the

§tx

countries

of

the Oommon lilarket.

Goosraphlcal dlvis

the

rtsixù

in

I

]_g5E

1

L2fi/,L

_!2I-|8/&.

Lgo

lgo

, _{3.5.-rÉ_}lforld

Imnorts

Intra-EEg

Extra-EE0

f,xnorts

-,

Intra-EFC

'Extra-EEC

.i

III.

sr

. ffi !BA-C_Ql$rI_Nr TX-;EB+DE

In

1971 the'intra-Comnuntty'trade wag 5fr.L?6

of'tbe

algregate

(intra

+ extra trade

df

the ,EEG) conpared h/ith l+8 _.4%

in

_{]:g?b aÉd a9}

.llé

ra

_1958.

;

_By

coatrtarisoo with l9?Ot the

internal

trade of

'the

Conrunity iiicreaeed, l.n Lg?L

b[

15Sr'ajrd over the 14-Jrear pèltod

lt

ro6e

626%,

or

an average

of

about

12# pen

_annun.

The year-to-year grovrèh, houeverr was

not

constant.

EEC

I'RAITCE dr_ BETCIo,/I,UX NETHERTANDS GERMANY É ITAIJY

1oo

_1o§)

29.6 5O.1

7O.+ 4g.g

?o.1 49.,

eg".g >o.Z

I9g

Lop

à.9

5O"0

?8.1 5O.O

e.2.2 49"4

7?.8 50.6

19,

loo

46,6.63.O

.51.4 37.O

h5.r

68.6

54.9 3L.4.

Le,

I9g

4r.9

5+.5

58.r

45.5

4:..5 6trÙ

58.5 36.2

!22§/JL lop_

lqo-25.8 46.8

?4.2 51.2

??.3 40.0

72,7 60.O

?J.4 42.4

78.6 5?.6

?8"5 44.?

16.tr 55,3

J

r/?oo/?r-a

-'6

-'

Annua1 cror,rth

ln

l,atra-Conounity trade

;.-=:..5i.r=j---

- -

----:;=:L;-.--'Lg59/

_tg6o/

_{Ls6L/ tg6?J Lg6r/}

_{tg64/ tg65/ ts66/}

_Lg6?/

wd,/

Lg6s/ Lg?o/

lgr*l

',)

'q8 E9 60,

6L

_{_}

_{§2. , ,}

67

6!

_{_62}

66

, ,.67

.

6q

*§2

_J:g,

, _,,

ùir

I

I

rqports

FÉqpoftB

19.0

25.6

15.4

L4.5

r?,O 14.g

],r,2

L2..2

I9.O 25.\

16.1.

14,0

I7.4

L5.5

Lr.z

1L,6

5.)

L?.6

28.4 L7.8

15,0

5.5

18.0

?6.7.'

18.7

l4.O

,,o

Tn ]-97a' Federa.l Gernqny, and.

the

Belgo-trucenbourg ùnion (gIrEU) showsd e

bigger growth

ln

_tbel.r

Luporte f,ron. otber Comunity countrtes (BLSU

+Lfrii ,

,.' ,.

Gemany +246). tbarr La

thelr

e:cports

to

then

(ffnU

+4?éi Gemen5r +I!#)

.

Francer

ltaly

anè the Netherland.s on the other

Ìrald,

sb,owed the oppoette

tendenoy

(inporte:

tbance +]h?6i

Ita.lf

+9f6; $etherlanda

+fr

_-

èIportsr+L6#i

Ita1y+r8#;Nether1ande+19#).[he§efactorshadanaterl.a.1effecton

,tbe lntra-cooruunity trad,e barances of, the respective. countrLee.

I

troderal Gerrnan;r, rEi.th iraports

ot

_{fr6.J. biLrion}

and e:rporte

of

_{{t5'6 Dllrloq}

had

a

def,Écit oe _{/44f'u$.L1on1 h,:ith'a ?}

point

_{deterioration}

_in

_the

_peroertagc

_,.

8ap

$n6

fr

197r agai.net

to[fr tn

I9?0). fhis

rrae

paril.y

due

to

tbe fact

that

the buylag

of

nanrif,actured, gooàs rooe much trore rapiùLy thg3

ttrat

of,

baeic products; and

partly

to

_{currenoy condltions uhich uere'markeè}

by

,.., 'oebman gb'ods _{becoaln§ coaparatiriely}

_dearer.

'In

_{Betgj.un, aevertheLess3}

_the

'^

trade balaace a8ain shoued

_a

eurplus'(9362

nlllion)

_but

_the percentage _Sap decrlnecl by about

lJ

points

(Lo496

tu

_{t9?1 agatnst LLgé}

_tn

_rgzo).

;

In

the other couatrleer-where e:rpor.te _roee

_faeter

_than

_ioportsl

_{ùhe peroentage} ' ;'

EaPr

or'"over

ratios

(of

lnports

by e:qlorùs) ehowed, an

Lnprovenent.

fn

'i

197a, the Netherlancls

$ith

_a

rLee

of

_É8.o2

bt].lion

l.n

inpòrts

and _{É8.6? big.Lon}

l.n e:qròrte, f,or

the

first

t:Lne since

the fomatl.on'ot

the Connon

ltarfet,

ì

showed a surSrlus (fl642,4 ull.Lton)

'ln

its

tntra-Counrrntty

trade.

:Ehe

cover

tJ

ratio

lnproved

ln

q

single

year by

Il

polnts

(L@%

in

_{f9?1. agatngt 9?g6}

_tn

L97ù.

In

the'co.q1se.

of

L9?t the NetherJ.a.Bde _{aleo increaeed}

_tbElr

_bgytng,

of

basic products and t.helr salqs

of

inanufactured, goods _{ii.neide the Comnuuityr} I

.../...

-7-.-

r/aoa/?ra

rtalyl

d.th

inports

of

il6.?a

billion

and exports

of

_96.69

biJ,lion,

ehowed

a

7 potrnt inprovenent

in

the covetr

ratiol

_{uhJ.ch was 9g?é}

tn

_{1971 agalnst}

9&

ln Lg?o.

fhe

Itall.an

trade balaace

is

thus

practicalLy

in

equillbrl,uu.

In

France, the J.nterna1 d,enand renalàed high through Lg?L, and.

the

growth

in

tbe intra-Coonunity trad,e changed the

positioa

scarcel,y

at

aIL.

[hough

the

exports lrere hl.gher by L6?6 ahd rose nore _eharpl.y tban _{the imports} (up _l.4S)

-

the.'cover.ratié rose by onry

a

È'ingre pol.nt

_tò

951é against g4fr

tn

ag?o.

this

I'e explatned by

the

fact

that

France iacieased her sa-les

of

prinary

products

_to

_{a greater extent th^a! those}

_of

_{nanufactured. goodsr}

_but

_the

structure

of

her J.nports d.lct

not

change.

Growbh

of

intra-Gomnunity trade 1958-ZI

-.+___-'..:-__

Country 1958

Percentage growfh 1958-19?1 L97L

Inporte

Franse

BeLgÉ,ux

Nether.Land.s

German5r.

ftaly

EEC

Exports

-tr'rance

BeIgfiu:(

NetherlandE'

Geroan5r

Italy

EEC

É(trr. ) L8%

a.

22

2g

_1_O

100

L7

20

"19

35

9

v-to

539

7

9?4

8

oa4

16 o88

6Te

49 zgt

Lo o5g

8 e86

8

672

L5 64?

6 _6-8!

49 352

É(tt,. )

4?6 L6

15

3'

1_4

.

100

20 L7,

18

32

t,

100

percent

759

t+42

.

₄₂₉

749

q8_

6?;6

785

502

549 550

1 000

LA?

l:

462

I

518

r

896

-@z

6 z9o

L

L'6

L

'77

L

'1?

2

406

608

6 864 _6zo

In

1971r tbe figunes

for

Genoany were the bighest, accounting

for

about

a

third

of

the intra-Comnunity

1958

is

that

GernanJr,s _share

of

_the

_total

_i.nports,

as they had been

in

L958r

trad,e.

A change siace

uhich has

risea

fron

-8-

r,/2@/?3-D

d'

e3?6

to

33fi,

ie

_norr greater tban

lts

_sharp

of

the

total

_{e:qportsr rùLch f,eLL}

troa

391é

to

346.

.

i

trbaaee hae rLsen

to

second

_Blacel

goiDg,ahead _botb

of

_{the Netherl.ands and}

the

BLEU.

The

Italian

flguree,

though

stt1l

ahorvLng the bl,ggeet

proportionate g;rowth, are ueverthetrese É,oaller La absolute value tbad tbose

of

any other

corurtrl,.

Fetr,reen 1958 and 19Zr tbg conposiùLon-

of

the,

tog:.-Gousunity trade

of

the §Lx showed auch

the

aane

structuqal

change ae the trade u:ith outside couatrieg

r

corltLnued growth

_in

_the

_trade

_ln

mauufastureci

goods (see _tabl.es

₅

_and

_6r

_Annex

_III).

IV._TEE_EIC[&|@

A. _{4Ee-Erade-gt-o_ulll eq{_Lbq _t-raLe_bet-enge_}

In 19fl',

there uag an Lnprolrenent

_in

the Coonunity trade balance

rlth thlrd

countries.

lDhle was due

to

the lower vàIue

of

imports fronr countrf.es

affected by .the

faIL ia prices,

coupleil

r*ith

cbangee

in

the

rates

of,-exchaage. The chl.ef

_factore

tend§.ng

to

reduce

the

volrrre

of

Connunlty

inports

wero

the

ta.fi tn

world market

prices

for

rau

naterialsl

the 1ess

viSorous e:qtansion

_in

interaa"L denand anct

the

tendency

for

stocke

to

be

kept

at

the I'owoet leve1

_{possibJ-ei In}

actd.ition, the veqf godd _barvepts

_ln

Comnuriity oountrLes set

Linlts

on the

inporte

of

agllcuLtura,I prod,uce.

lloreoverl the reduced. ecale

of

investhent

in

nost

of

the nember countrlee

restrLted

in

snaLler buying

of

equipnent goods.

Eouard's

the

end

of

197L1 the growth l.a Connunity e:qlorts tend,ed,

to

te-Ll

offl

owing

to

lese active

externa,L rleraand aqd. pait3.ys

alsol to

_tbe

_Anerl.caà

dockerer

_etrlkes.

1

'ì

.../...

'i 1

'I

li ,'

t "'

t'_

,]

\t t'

&:t_oJtte

trbalce

BTEU

Netherlands

Geroany

Italy

EEC

M{ùg

Erance

EEEtI

Netherlands

Geraany

Ita1y

EEC

4

_l8z

t

6?4

2 Loz

5

465

*2_ 52q.

16 156

*

3

985

t

675

.r

BBt

6 401

L

_2§.

u"tlr

10 519

4

6tl

6

69o

L8 253

e

alq

49 188,

10 e86

3

792

4

918

25 392

q _?8q,

w-§rz

--9

-

r/zoonr-E

Growth

_in

_{extra-Coununity trade} 1958-19?I

1958

t97L

gloulh

(ag5j-71)

total

Dr&o_?v-É.@ioq

nercent

--.

14r

L76

a.8

234

26]-20I

158

t26

161 265

;-?J.

zlq.

li lg?t,

the Comur-rity imports, anountine

to

É49.2

billion,

increased by

8%

tn

a

_eing!.e

yeari

_atd

_{e:qrorts, rdhicb a.rnounted}

_to

_{ifr.? birlion,}

_rose

by

L2%.

this

resulted

in

a ourprus

_{or Ér}

485

nurion

in

_the tracle

baLance _{See Table 11} Annex

IV,

uhich shom tbe brea.kdoul by countrtes).

The cover ratio- irnproveù by 4

pointe

to

LO5g6

in

19?I agaùnst _9fr6

tn

_Lg?O.

Over the perLod

_{1958-I9Ar the}

_va,l.ue

_of

_{the Conmunl"ty external trade}

(inporte

_{+ exports)}

_ldth

_third

_{countries increased by ?JA16.,}

_or

_{an average}

of

9.1?6 per annu.ul, d.lvlded

into

_a

total

groyth

_in

_inports

_of

ao4%

(8.9?6 _p.a.

₎

_and

_in

_e:cports

_ot

_{arà# (g.3% p.E . )}

_.

..

7.O

12.0 9.3 9.7

1q.+

,8.9

715

6.5

7.6 10.5

LL.7

i,,

-I0-

r/zw/73-E

Iuporte

Bcports

tg66/6È

Imports

_?.6

Srports

8.6

19qo',q8 O.3

7.2

9.3

1.O

17.0

IL.o

LO.tl

4.8

Le6\lgt 8.8

11.8

Low64,

6.+

Ie.0

llhe changea

their

effect

19r!

Balence _-ZZ7

(/

_o111.)

'Gover

ratio

99

ery/lap

{'?6)

1e6o

_I2§;.

+43

4035

100

8g

96

_Lo,

LA5

₁₀₀

₉₉

_Lo7

rn

1971t the 'Comnrrnity

_did

_half

_Lts

_{external ùrade}

with

outeide cowrtriesl

conpared wLtb _7@

tu

1958,

_{By conqariEon rd.th L9?ot the propprtl,on}

of,

'

_{extra-connunity trade ehoued,}

a fiuther

_,dec1ine, follorving.

_the

_elql6aeion

_tn

the trade betueen the

Six

nember countries

_thenselves.

(fgZf

_t

_SOi6; L9?o, 5L?6i L969,

54j). 'Ihis

_{trade repretented about L8.G?6of the gross}

nationa,I product (CUB)r _{eld:E value'}

_of

_{ISZZ per lnhabttant.} 9ogperelt,ve leppr.t_eqc,9 of _-9!Éra

#

òf, qlrP

Iuborts

-L958

Lg?L

§rance

t,

a*

8f,EU

16,4

L5.?

NetherlandE _{ZZ.Z 18.6}

Clertany

_9.9

8.8

Ita1y

8.6

9.1

EEC

IO.A g.I

.;

.

9,eer inb+bitan-t

_{ep"r,tg

Eugrts-§S

\eza,

te58

Lsrt

98 zoj 89

?§

t?9

459

t?g

5??

188 fl? t6g

,?,

loo

?gg

_u.g

,ge

Pl

,l-q§.

,

4-o

r,r

,9à

,?fi$ 94

266

Ercorte

.*+

l9:g

_W

7.5

6.3

L5.4

L2.g

19.8

L5.?

LI.6

11,5

6.?

8.2

E_

lo.o

9.4

.-fu

a*gFtIX94-h,

i"

EEc

"x.t9rggt trède (S)

1960

'-q

_\96L'6o

_tPEz

_l?L

L?.63/6A

ao.0

14.t

o.o,

7.5

in

the

on the

.5.2 4.9

L9§8'.<?

9.0

le.o

I2r9/52

te?L/?o

16,0

8.0

15.0

lr.o

anoual groruth-rates

_in

_the

_{extra-connunity tr:dde bacl} coununity trade balances durJ.ng the L4 yearg concerned.

EEC externel _{tradq__b,alqnce}

96É

Lg6?-

1968

t962

_,

_§?q

Ls?L

-Uot

+850

+L?41

_-25

_42,

+Ihg5

.)

. , ..,f ,l pì

weg/§8

.../. . .

/:.

\,,

ELE (external)

G-l.ass

I

(Indue-rrial

couatrLes)

C1ass _Q

(develop-.tng corrntries) -,lLass

]

(State-tradiag corrntries)

L97t

§n

96

& d:

4g

r88

too ?? 946

t?

6?2

,

496

-L

100

-L

100

54

39

6

\2L

{a -L

50

67t

rQo

33 4gz

L2 9OO

3

?74

5t

16 4z

-u-

r/200/?3-E

B

_"

_{§epglaBhlsal_ gictEabrfUioa}

fn

1958; dhen the Connon ldarket rvas formed, th,e Connrurlty ùi.d. nore

thal

half

_ite

external trade r.ri.th Lndustrj.al countries (C1ass

1).

[he

trade

r'rith developing countriee (0Lass

₂₎

uas

littLe

more tha,n 4O#1 and that

yrd.th

_{§tate-trading}

_coturtrl,es (C1aas

_])

_{about i?6.}

Over the ]-958/?l period. the general _structure renained the earue,

but

there

werq i-uportant changes

in

the proportions

of

the

three economic _sro[psr

91p_tqi-Lqlie4__of_84_c__tqeÀe:4_195-8_endl9Z1

II'{PORT§ EI(PORTIS

-#

lgr.g_

-És

L6 156

8 sze

5 8e4

78e

r.elg.

dn

15 9r1

8

6:8

6 r,z5

98o

5? 66

?6

Between 1958 and I9?1 there ua§:'a naterialLacrease

in

the

_lroportion

of

the

trade done

nith

State-traùing and

iadustrial cou,ntriee.

The ùota.l trade

with the couttries

of

the

eastern bloc rose

to

four

tiaee

iis

f958.va,1ue,

and

that

with

iadustrial

countrieo

to

tbree and a

half

tiaes.

Ihe

trade

uith

d,eveloping countries, however, no uore than d.oubled,l so

tbat their

ehare 14. the EEC external trade shons a. d,ec1j.ne.

I

.

Iqégs_tl!:is}_. co. rrpt:Li.es (C_I-eqs 1)

ln

L97L

the

Connunity imports

froq

industrial

countries asounted to

ÉZZ g+g

nllIlon.

Ihe

year'e

growth waa.6fi, and, the increase over 14 yeare

wa

228#.

In

the

sane way

the oqrortsr

anountLng

to

§ll

4gz

nrulon,

rone by L?i6 alrd

eBBf.

the

gronth

in

i_nports,duptng the year wao lesg

sharp than

that

in

e:qrortsrreeultLng

il'a

naterj.al increase

in

the

surtrllus

ehortn

in

the Connunity trade balance.

.../...

{--12-

r"/2oo171-g

the lnpact

of

these grorÉh faotors had a _{.qaterLal ef,fect} on the ttade

ba.laace of,

aU

EEC couatries except tbe

Netherlande. In

_{Gernahyr &oT€}

especia,Ily,

the

surplus ehoued

a

coueiderable increase (see Eabtr.e L,

Annexl[

).

(

d

_{C.hange B} in-.j!la0s _{ba.lanc_e§-}

-f,r.!&_C§s§"-1_-0ouatr&§,

(É

_atlllon)

EEc Fralce

BeIg,A,ux

Netherlaads

Gernantrr

Italy

1068

)'

1958

_{Tq6o 1ge}

+ILZ

+539 -fl4

-272 -2o

-216

-51

-1O

-11+6

+98 -L,

-L?z

+663

.

+ro0ò

+Lo46

-r45

-h]-g

-Loz?

t969

]930 +3159 +1425

46o

-166

-24?

-r44

-185

-506

+1862 +414a

+229

+rO0

+4236

-24

_L75

-1CÉt

+4o8,

+4go

Lv7?_

+J545

45

-26.1

-55J. +5589

r8x,

t,-In

1971,, _5%

of

_{Comrurity i-nports cano from}

_iadustntal

_{countrLee and, 66g(}

of

its

e:rports were consigned

to

_thenl

agalnEt

reepectivelyl

91116 and 54fi

ln

1958.

Ihe

trade"uas aarkètt by a Eore-than-average increaee La

r3a11t1-f,actured goode a.nd a

lese

brLek e:<pansion Ln

the

tracle l.,lr bastc prpductao ,

&rl»orts rose trore than lmportsr and

this

resÈIted

_in

aa increaÉed gurplt5

in

tbe conounityts bJ.g balance. rÉth LndustriaL countriee.

lfith

post

_lndustria,l

_corurtrles

_the

_growth

_tn

_{the .external trade ms rapld.}

[he increase i.n the. trade

uitb

EFIA countries, however, me leee vtgorouo

than

that

,rith

other regLone

of

_tbe

neetern worLdr

Incr

Inports

#

,,-th

Ibmorts

._-288

46

384

154

t],,r

I'

r .rj

OLase

I

countrl,es

of

uhich; Efl[A

other W.Errropean _.countrLeq

North Amerlca

228

?,23 289

aL+

236

Other Clase J. countrt-ee

.. ./ ...

L.

) ,l

§J.ace tbe Cònnon ÙIarket hrae formed, EFTA has been the Connuniryts prl.nclpal

tradlug

partner-

Over the 1958/?L pertod

lt

coneolidated

_its

posltion

ln

the EEC extra-Conarurity ànport and e:Eort trad,es,

in

which

its

Ehare

rose from 221é and, 2496 respectivery

to

_{lL?6 artd}

3r%.

this

_{was rargely}

due

to

the

extrransion

in

trad,e

rrith

Great

Britqin.

Over.the l4-year

period Great

Britainr.s

share

in

the EW extrq-§emmqlity trade rose fron

7éf

to

8.!1é

of

_the

l.nporte and 8.3?é

to

8.fr6

of

_the

e:qrortsr

Geoeraphicql_d_1s_t-r-Lbuti_ol _{.9J *S_-t3:ed"--!g.ts_ gndrslri-al_c_oungriee (g)}

Innorts

-E:ocorts

€_d

(b)

CLhss

I

total

of

whlch: EETA

Great Brital,n Other tl.European

oturtries North America

UnLted States

Other Class

I

countries

Japan

-

r.}"_

t/xofrl-n

100

58

L5

L'

22

L9

7

2

L2

36

32

lerg

100

4z

I4

Lo

38

,3

'10

1

1958

t97L

100

4? 16

10

5.5

t9?L.

Loo

50

L3

I5

"6

21

I

t

EITI-

In

f9711 the tmports orS.ginating-fron Etr.tA countries arnounted to

EII

641+

niLlion

_{and ConmunLty e:qlorts}

to

_{the sane narkete'}

_to,

_tt;

_lo;

_miIlLon.

The

figures

shoh,ed _{an increase,over r9?o and 1958 of}

_,

_{respect{velyt'9j6}

and ?2316

ln

the ìrnporte

into

the _{ConnunLty ead}

L&

_{atrd' a56?6}

_rn

_{irr'e Connunj.ty}

oqiorts-

She EEC eurplus

in

trade

vith

_{the Etr(IA countriès coatLnued}

_ite

lncrease

froa

S4 159

rdlrion

in

Lg?o

to

_i5

054

nilIi.on

in Lgr]

.Araong

the

Effi

countries only the BLEU showed,

_a

deterioratLon

_{in its}

tracle balance

Yith

these countries j.n

Lg?L.

Ihe

chief

cause

of

thip

r*as the very vigoroue

T

. i.i,

t"

, _{, ,..i}

I

-14-

t/z@n

-0,

arì*O

la'Lnporte

(+ij#)

and the

halt

in

the

gronth

_ln

_{e.:qrorte tihl,ch}

shoued no f,ncreage on the

year

(see _{[abLe 11 Annex}

_Iy).

Anong the EI'IIA coturtrf,eo, Great BrLtal.n rtas

ettll

_the

CoanrurLtyre

cbl.ef

!

trading.partner.

_.rn

_r9zr,

_{the i.aports}

_fron

_Great

_Britaia

_into

_tbe

conutrnity _arounted

_to

_i4

_l8o

_niltion,

_{on about 3g?6}

_of

_tota.l

_purchaaee

frop

EI'TA and L6?6

of

the

total

fron

_C1asa

I

_{countrl.ess and}

WÉ

of

the

total

lnports

fron

outsLde

the

ComnwrLty. Ihe EEO e:qlorts

to

_Great gn1taLn

were

f4

489

niLlionr

ot

_2?%

_of

_all

_those

_fron

_EflIA

_I

_Lt?6

_fron

_a1l

_Class

_I

countrieg _{and 9?6}

_of

_those

_fron

_{outside the conurraity.}

xhe

figures

for

the year agpill showed

_a

curpJ,ue, anountiag

to

trrog n1r.u.oa

ia

the

conaunity trade balance Ìd.th Great

Brj,taln.

Ttrio m,e due

to

the

verf, brLsk e:cpaneLon

ia

_e:cporte (+ZZg0

_in

_L9E

_against

_a

_rLse

_of

_gg6

_ln

Laponts.

The gronth Ln exports

_to

_{Great B:rita-tn waa con6iderabl,el}

_for

alJ, uenber countrl.es _except BL,EU.

ll

I

I

Ihe growth

_lu

Connturi.ty _trade

_rrith

_{other Etr'TA countrìiee lras Eom€uhat}

_lEee

'

' _,,,:

vI'gorous than

ln lnoi

_but

_{the EP€ tracle bala:rce urtfh each}

_of

_{theee couatides}

_,

,

showed a bigger surpJ.usl

_tdth

_the

_{slngre errceptl.oa}

_of

_Deaaankl

_{rith whtch}

l

it

nas

sltghts

srua1ler.

other lfest European _{coqqtries (Greece, rìrrkeyl spaJ.nl Finraad,l}

.rugoera,rLa)

Ia

1971, _{the trade}

_$Ith

_{other. countriee of, hrestern Europe uae}

about ?j6

ot

the

inForts

froq

outsl'de _{the Comnunity and}

_Ia#.of

_{th e}

_total

_{fron .ladustrJ.a1}

cauttrieer rdth

corresPond,iag

_figures

_for

_e:Eorto

_of

_{1r# and}

_lG#.

_Bettrcen 1958 ana L9?Lr the

lnporte

fron

_{theee countriea roae}

_by

_{289?6, and the}

'

ercporto

to

_{then by}

_584#.

_{Tbe EEo trade balanc.e hd.th}

these. countrles

hae

rlsen

_to

_e

_{e_ubEtantial eqrpl.usl tncreasjng fron .g}g4}

_nilllon

ia

I95g

to

g2 _A8a

_nillion

_{i.u t}

_9?I.

: .

r+

I

...r/...

115-

r/2@/n-E

North, _i4aerica

Trade

uith

the united statee arxd calada increaeed

in

the l4-year period,

by

ZLhfr

for

imports,

_354g6

for

_e:qrorts.

In 197f,

the purchases

_of

_{North Anericaa}

_origin

_{were FrO 184}

_milLion,

_or

?J96

of

inports

fron

all

third

_{counlries alrd a LttH.e oore tban 3G?6}

of

thp

total

fron

Class

I

(industrial)

_couatrLes.

_{The EEC erqrorts trere}

i8

642

nillion,

oc t?%

of

the

total

froo

outsid.e the Effi and 26%

ot

thoee

froa _.Class 1. countries.

xndividuallyr

the united, States l.E by eone ruay

the

coamrrnity's biggest

trading

partner.

_fn

_Lg?t,

_lt

provLded L8 é?6

ot

the

inports fron

outside the Corauunityr conpared with L?*96

in

I958i

and

it

absorbed

I5.p#

of

the

exterua.L _{sales against LO.5?6}

_in

_1958.

_{There has}

_in

_fact

_{been a reoarkable}

increaEe

in

the tracte

rlth

the United _{Stateel ref,lected'over the J.lryear}

period, L958/?L

_in

_a

22Cfd growth

iu

Couauatty imports and a,6196 growÈh

in

Connunf,ty

e:cports.

_In

_197Ir

_the

_{Conntrnity e:rports}

_to

_{the UnLted states}

showed

a

very

big

growbh (+16#), _{but imports were lo.wer by}

_r#

_tua

_tn

L9?Ot resrd.ting

_in

_{a material sbrirllqrrge}

_in

_{the EEC}

_def,icit,

_{wh5.ch anouuted}

iq

1971

to

_f,r

28,

nurlon

_{againet §z} 405

utttion

in

_],g?o.

orrtstanding

irProvenents were shotB fui

the

trad"e bala.nce

of

Germany,

ftaly

_{end tlre} BITEU.

|Ihe

deficlt in

_tbe Conmualty balaace

_nitb

_the United, States

_is

structural,

a:rd auorurted

in

1958

to

_Ét

I4l+ ui11ion.

-Qtlrer incustriel--q-qqgllre,§, (south

Africa,

_{Japanl AustraLla anct} New zearand)

--j

In

1971 the Connunity l.mports

fron

other

lnd,ustrial

corrntriee accounted

tor

596

of

imForts from outside

the

_{Connunityl and IO#}

of

_{those f.ron ind,uetrial}

countries cotrpared

_uith;

respectlvely

_{fr *d}

Lcfl

ia 195g.

gxports _{to. the}

sa,':re countries were.t reepectiyely _{5% ar,a %6}

(in

Lg5gz 4?6 and ?gù.

-i6-

ilao/?r-n

Betueea 1958 arttl

I97I

tbe

tuports orlginating

fron

these couatrl,ec roae

fron

É843

niltioa to

g2'868

nllIloa

and the eales

to

then

frou

g6AJ

_nlllion

A

9e 5O9

ui[ioa.

[he inports

_{roee over the perlod}

_by

_{216?é and the}

e:g)Òrts by 3L8?6.

In

1971r the Comnunity trade balance

tdth

thls

group

_of

corurtrLes changed

narke&Ly

for

_the

_ùrorse.

Ihis

_resultecl

_fron

_{a contraction}

_in

_errporto

uhlcb

ref€

dom by 1Ér cotpared

witb

L9?% uhereae

ioporte

rose brlsklgT

by

3.lt#.

_[he

exports

in

L9?L were snal].en

froa

aII

the Connunity couatriee

except Federal _{.Germanyr whereas the} imports were bigger j.nto egch

of

tbe

couatries except

Italyt

where they were dour by

10#.

Itre trade

rith

.Iapan increaeed by about 9OO96i

but

despite

thiE

spectactilar

grouthl

anit the

Comunity

_{efforte to I'iberalize.tbe}

_{trad,el Japal has}

_ons

_{a nod,est place}

on the

1istl

accounting

for

,.L?6 of,

inporte

fron

outside

ths

EEC qnd I.8S

of

the

Connunity e:qlorts.

In

19711 the Connun{ty'trade

_trlth

d,eveloping couutries uàs aboat 36?$

of

lnportq

fron

outeLde the EEC (compared +dth 446

tn

1958) and 25.5?6 of

the

e:rporte (agaLrllt

_{,Yl). It}

_{L.s rtrLth}

_the

_couritrj.es

_ln

_thls

_{cLasa that}

the EEC trade over _{the J.4-year} period ,has _ehorar'the

_leaet

_orpaneions

..

_.,

anountine

to

].99?É Ln truporte _and

l,I1l

in erqlorts.

In

_{botlr ca,sea tbe gronth}

ra,s

less

than the Corunruiity average,

so'that

the

Ehàre

of

deveLopf.ng countr:les

f.n the Conmunltf I

e

_{externaL trade has contracted,}

during the Ber|od covered..

lIoreover, the EEo purchaÉes _have

_{risén faeter}

_{than the seleel,rbl.ch}

_{le the}

r

iuall

reaBon the Cotrlo'unity trade balance vdth theee countries haÉ lncreaeed,

since

1958.

Bhe

deficit

ln

_fact

_{has.been rÉ,eingconsistently.eiucè}

_Lgfr.

i

(s_lass

_a)

_r9Slzl

!

x tl

,.,'\

frade Ualance (Én)

Cover ratl,o (bcp/hp)

_-

gt

ry58

1960

tg$

L966

Lg6?

1,968

_!969

tg?g

_+97}

-619

*83? -?469

43rz

+erz

+Lgg -4oo6 -4U5g -4??a

89

,.t

I

72ry

7e

?4

9I 7e ?o ?2

.../...

2

.

-Dev-el@:

_Qfge§__2-lrade ba.Ialce

--É

-i

ì

'l

jl

l'

4

I

_L?

_ _r/200/?3-B

[he Qoouuntty iucreqEsd

lte

purchasee froro nost

of

the

developing

countrl.es, especla.lJ.y from those wbich prod.uce

oil,

minera.ls and fooa

produc-te.

The OorulunLty e:qlorte

to

developLng countrLes werel by

conparl.son,

etationary,

excetrlt

for

countrles Ln Asia and

§outh

America.

-Iq err eeg e^ _{-jrt-to-t-el.}

c].eFe

z

coqnrlrig3_

(r.)

of

wbich: Oversea associatest'

AA.5U

other Africa(z)

Latin

America

tlestern Asla

Other class 2

(')Io.toding

Mr,rocco and

l\rnlsla

from

(2)n*"toding

Morocco and Trlnieia fron

fmnorts

#

percent

L59

101 8o 250

11.1

4.2 t30

1

January L97O.

1

January L97O.

E:acorts tu

111

8o 97

105 105

L'

96

Between

markets. Af,ricalr

Africa:

1958 ancl 19?1 the nost lrnportant changes occumed

in

the Afrisan

Tbere wae,

a

comparatively emalL e:rparrsion

_.ln

the

trad.e

uith

countries (RASU: _importe

_fio%i

enports +97%; non-associatecl

inporte

+25O?é; exports'+LO5%).

,! i

(F)

Geqsreobi-qsl dJeSLl,LEt-to+- o:.R_ _{EA{e__ul_tL_c-l4s-s_a_cotptrieJs}

ConpaiLne

lg?t

lrfth

19581 there nere i.nportant changes

ln

the African

inarkets.

Intbe

tota.l

extra-Coumunity

trade;

the EEC traòe wl.th tbe

Afrl.can continent shohrs

a

declino.

-18-

t/zwnr-g

Inporte

--E:ncortg

-Glaea

2

couatriee

of

uùlch! Oversea aEsocLatee'

Alsu

Non-a6goci.ated Af,ri.ca

Iratln

Anerica

ileetern Asla

,

Other AeLan countpLes

I9rg,

100

23

L'

8

24 26 11

Le+

100

18

9

a.

20

,2

10

1P5,8-I@

,a

t2

6

26

1I

t7

1971

100

e6 1T

L5

25

,'L?

T6

Associqt_ed Oversea

Countriee

i

-'h

_{f 9?f 1 the} EEC trade _rci.th orreraea aeeoclates coasieted,

of

_{inponte a.Éorrnttng}

to §,

tO?a. _{and elBorte}

_of

_i3

₃₅₃

_n.

_{Bhe rnports rpre}

_1l#

_lorer

_t?,flì

_ln

L97Or and

the

e:rports hrere up by _3?6, so

that

the. trade balaace

rtth

these

couatries showed _an inprovement.

rn

1971,

_{the inporte}

_fron

_the

_{overaea aseoclates were 6é?6}

_of

_{the purchaeee'}

fron

outside the Coonuni.ty, conpared. hrith L2.?1é

in

f958.

1ghe erporÈs to

these

"ouot"t"s

hrere 6.6g6.of the comarrnity

total

agai.nst L4.516.

DurLag the year Ln questionr' _{only Fed,eral Gernaqr sboweà'a}

_brlek

_iacreage. I

ln

inports

fron

these cowrtries (+ZB?0 _and

_a

_{Eonewhat ena,Iler rl,ee}

_in

_e:rports

to

then

(+$%).

rrr

_all

the

otber

countries of, the EEC

the

eqrorto

to

thene

corrntrles sbowed

à

conparatively sroa.Il. Lncreage a.nd tbe l.nporte

froa

_thqu

were

lees thanln

192O.

Latin

Aserica

ì

Betveen

Lgfi

_and

_{I9ZL, tho}

_trade

_ldth

_{LatLu AnerLca has been aqrked by}

a

trore considerable erpans:Lon

in

_{the loports}

_lnto

_{the EEC}

(+ILlil

_than

_tn

the

e:qtorts

_to

then

(+LO5l0.

_{Latl.a Araerica accounted}

_in

_Ig?I

_tor

??É

of

the Lnports

fron

outside the EEC aad about 2fi6

ot

thoee

froa

CLaeo 2

'ìl

',:

1

.../...

't,

,.,.

r

r: ,

.J I ',l a-"

__rg _ _I/aoo/73-B

countrl.es (agaiaot reepeotively,

_]o#

and 24?6 Ln

1958).

sales

to

_the

cotrntries

of lratin

Anerica accounted

for

6.596

of

the

erqlorts outsid.e the EEC a:rd _.?5.5%

of

e:qrorts

to arr

deveroping countrl.ee (againet _{about ro#}

and. 2@l

in

1958).

.

§incg

the

f,ornation

of

the Oounoa }larket the trade _{balance of, the EEC wlth}

these countries has aluays ehomr

_a

deficit.

In lg?L,

_there

_{tas a}

_s1ight

lr-nprovetrent _{i"n the}

_position

_in

_each

_of

_{the EEC couatries.}

Uestern Asia

..--+

fhe

trade luith

the

countries

of

the lllddtre East was well maintained,l

increaeing J.n 14 years by

?f3?é.

Ia

L97L,

lnports

into

tbe EEC f,roo

thie

reglon anounted

to

_fl5 65e

ui[5.on,

repreaenting tL"4?6-of imports .fron outsicte

the Conaunity _CLL.A6

_in

_{1958) ùrd}

_3d

_of

_{thoee fron al-l..deve1opin6 couatrles}

(2696

in

1958).

_{Exports f,ron}

_the

_Coanrurity

_to.tàe

_{BaEe countrLes, va.lqed}

."t

f?

168

nillion1

accounted. fon 4é%

of

e:rports

to

countriee outeide the

Connrunity (4.5?6

in

_{1958) and L?% of .those}

_to

_,lt

_{developing countrles}

(JJy6

in

_1958).

Iu

comparisoa rd.th other G1aee ₂ regione,

the

trad.e with

the

countriee of

hleotern Àsia has gror.ar

satisfactorilyl

_though

_less

_{welJ. than EEd trad.e as}

a

uhole,

In

_lg|l,

inports

iato

the Comaunity _{frqm these countrtes rose}

Uy 44?6 _anct erports

to

_{theu Ay L8i/.t so}

_tbat

_{the habitual cteficit}

_,in

_{the Effi}

balance

of

paJnoente

_{with tluis}

_{regioa showed}

_a

_frrrther

_increasèr

_O-tLef_es_latl _{-c_o_qnt_r_ie}

s

and O c eaata

,

Between _{1958 and}

I9E1

_the

_trading

_treqd

_{between ..the gpmnunj.ty and the}

countrles

of

Asia and Oceania ulas..not.particularly"dyrranic. _.fmports

_into

.tlre connunity rose from g??6

_mi|lion

_{+n ,1959}

_to

_Ér

_?9o

_mirlion

_irr

_L9T\t

an _.; increage

of

L3q6.

Over the 14-year perLod the Conrorrnity exporȀi ro6e

fton SL o82

nilllon

to

flz I.z2

ul11ion,

an incre aEe

of

96?6.

[he EEQ trade

barance

_uith

these 'countries shows _{a"consistent surprue.}

I.

Trade bala.nce (Én)

Cover

ratio

exp/ilup

_-

?6

^ ,''

!l t,'

, _..i

-

20.-'

_rlzoo/?r-n

\efi/zl

1qiq8

₁₉₅₉

_196"

_rg6q

_{Lg6g 1939. ,\g?L} +3oG

g8a

+?Zt

+45,

+r?O

+1*

+rrz

Lrg

1rg.

_{r24 u8}

L25

LA.'

11g

Ihe Goronrrnity _trade

_uith

_lsian

_{conntrl.ee and Oceania}

_te

_{not parf,icrrlarly}

tnportaat.

Siace L958 _{there has been}

_a

_decLine

_in

_{the propo:rtLoa both}

of

the totaL

extra-Connuaity _{trade and}

_of

_tbat

_{ui.th developing countriee}

ubich Ls d,one

rdth

_the

,countrl.ee

cotrcernèd. Ibe

smaller proporti,on

ie

due

to

the

fact that

the EEC trade urtth thJ,s regl.on baa grouB _{leea rapj.dly}

thall

the

extra-Con4rrni.ty _{trade aE!}

_a

_{who].e durLng the period concemed.}

In

1971 the laporùs from

thiE

regJ.on _accouxted

for

_,.6?6

_of

_{Lnporta fron}

outetde the connunLtyr conpared hd.th t+.8?6

in

_19jgr

_{correqponding}

_{to l@}

of

inports

frotr

alL

deveroplng _{countrree agalnst rL#}

_in

_195g.

_tu"

_e:rporta

were

4-S

of

_the

totat

_{against 6.8?é}

_in

_{r95g (corresponding}

_tà

_t@6

_of

_the

e:rports

_to

deveLoping couatriee agains

t

L??0

.

,

]

.

_§lqts:t

g _{a4r4q-gg.LtÉa-eg}

ra

_{197r the §tate-tradl.ng countries accounted}

_for

_a

_llttle

_nore

_tW

?*

of

the

extra-comorrnity

_trade,

_agaJ.nst

j%

_ia.195g.

_{over the x4-yoar per:Loù}

the Conmunity _{trade r'rith theee countries ehowed a aotewortt\y grovthl}

amountlne

to

1i3% La the

lnport trade

arrd, 285?61n

exports.

_{f,lrte reoultg}

fron

the iucrease I'n

the

lmporte

of

capitalgood,e'into

_the

_{eastern countri,esl}

and

the

correspond.Lng growth

_tn

_thei.r

_e:qlorts.

_{Ihe EEC i.riports f,roa}

_the,

State-trading _{co'untries rose,,fron ÉZSl}

_all1lon

_in

_I95g

_to

_i,

_t+g6

_nttttoa

in

1971 and

the

e:qro-rts

to

thea, .,f,roq .ilgza

uilrton

to

i3

_??4

,,tttion.

rn

19?1 the coranunity _{trade wlt.h}

_{state-tradlng}

_{countries ehoued}

a

bj.6ger

.

riee

in

iuports

(tnil

thaa

ia

erqrorts (Lt%), _leadLn8

_to

_a

_sri6ht

_decrlne,

ln

the surplue

in

tbe balancé-.of ,patrrnèritE.

'I

.../...

,i

-21

-

r/2oo173-s

Betneen 1958 and 19?L there lrae

_a

decliae

in

the proportion

_of

tracte done

with..Asian

§tate-tradin6

countrteE.'

(a) _ce

_uith

_{tate couatries}

!28§&

fracle balance

Cover

ratio

exp/hp

_-

%

(b)

1gJ8

rj6o

Le62

(f,m)

_1L9?

_+gz

_+?

284

161

106

L9-66

+?6

L29

L967

+195

185

19s

Lesg

+151

+69

164

ra4

L970 tgTL

-& &

+355 +2?8

LLz

108

dlstribu

(?6)

1@

86

35

1+

14

100

9r

,L

I

I

100

64

?J

36

3L

IOO

9r

3o

9 9

th:i.xd countriee.

l.npor*.e of ,basic

C1ase

J

corrntries

Eastern Europe

IISSR

AsLan countries

ChLna (c)

The Coonunity exterrral trade with

the

conparative _importance

_of

_the

sca.].e,

of

_{nanufaqturecl e:rporte.}

Imnort

1e53

L911

!4th

E:rport

d.*

a.s

a

whole

is

narked by

products _{and the large}