€uroArea Exports' surplus to the U.S. jumped up in 2011 !

[Geopol]

The Foreign Trade Surplus for €uroArea's 17 Member Countries' Exports to the U.S., compared to Imports, marked a growing Acceleration in 2011,  after U.S. "Exports to the €uro zone fell - 1.6 % in December (2011) from the same month in 2010", according to the latest data.

Thus, the augmentation of €uroArea Imports' from the U.S. is "Down Sharply from + 15% year-over-year growth from that region in August", reportedly observed "Paul Dales, an economist with Capital Economics".

EU "consumes nearly one-fifth of U.S.' exports", and this result is due to lessen U.S. Growth expectations for 2012.

+ Moreover, "U.S. officials recently expressed their concerns" on EU Economy's possibility to "trigger the notable decline in U.S. exports to Europe, thus widening the U.S. Trade Gap this year" (2012).

This sudden, big Change, towards the end of this Global Crisis, where €uroArea focused exclusively on investing in Competiviness' gains, via Scientific/Technologic Innovation and Structural Reforms, while USA used both RST investments and classic Keynesian stimulation of Consumers' massive demand, might be a factual indication that €uroArea probably is going to win this challenge.
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In overall,  "it was the largest imbalance since June" 2011, "because imports grew at a faster pace than exports":  U.S. "Imports rose + 1.3 %" while "Exports increased + 0.7 %" only".

=> This resulted in an ... U.S. trade deficit unexpected rise ... in December, the Highest level in six months" since June, from some - 38 up to almost - 49 Billions $. (i.e. about + 11 Billions $ worse).

+ In addition, the Annual "Deficit with China climbed to an all-time High of  - 295.5 billions $, up + 8.2 %from the previous record set in 2010. Both imbalances were the largest ever recorded with a single country", mainstream Media reported.

"The U.S. trade Gap widens sharply in December (2011) as ... Imports surged + 3.0 Billions $ .... Meanwhile, Exports edged up + 1.2 billions $".

=> In consequence, "2011 trade Deficit was (up for +0,3% of GDP)  corresponding to - 3.7 %of U.S. gross domestic product, compared to 3.4 percent in 2010".

 For the full year (2011), the U.S. "Total goods and services Deficit ..climbed from - 500 Billions $ in 2010" to -558 billions $ in 2011", i.e. the "Highest level since 2008",  (i.e. just when the Global Economic Crisis was triggered from the U.S.)...

[François]

+ More new Facts, (pointing towards this same direction) :

F. ex. :

Big Contracts' annual average obtained by French exporting businesses augmented up to + 61% yearly, between 2007-2011,compared to the previous, 2000-2006 period.

The volume of France's Market share in €urozone remained stable after 2007, while, on the contrary,  it had been losing some - 2% each year in average "since 1998".

External Trade's Deficit worsening (since the Global Crisis) was "interrupted" at the end of 2011's first trimester; and the trend was even inversed during the following 9 Months, with the only exception of Energy's bill.

Meanwhile, the number of Expoting Businesses became almost Stable during 2011, after an augmentation in 2010, (etc).

=> All these Facts indicate an augmentation of Competitiveness; obtained by recent structural Reforms

(Source : This week's Council of Ministers).