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Import of drilling tools to European Union increases in 2017

European Commission reported that the indicator grew by 11.49% in 2017. Industrial equipment import went up by 27 204 512 Euro, as it follows the tendency of the prior year when it rose by 0.84%. It attained its 8-year high. European Union saw a growth of 25.5% in industrial equipment import during the last 8 years. Moreover, it has had the average annual growth rate of 0.05% over the last 5 years with a marginal overall raise since the 2010. It averaged 225 979 578 Euro from 2010 to 2017 and it hit its minimum of 204 378 064 Euro in 2013.

Import of drilling tools to European Union increases in 2017
Date Euro Variation
2017 263 924 416.00 11.49
2016 236 719 904.00 0.84
2015 234 755 568.00 14.35
2014 205 297 024.00 0.45
2013 204 378 064.00 -3.91
2012 212 703 136.00 -11.28
2011 239 755 088.00 14
2010 210 303 424.00 N/A

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