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US ranks as largest investor in EU-28 in 2013

Friday, 20 June 2014 18:00:15 (GMT+3)   |   Istanbul

In 2013, foreign direct investment (FDI) in the EU-28 amounted to €341 billion, while overseas investment by the EU-28 totaled €327 billion, according to a report released by Eurostat, the Statistical Office of the European Communities.
 
In the given year, the main destination of EU-28 investments by far was the US (€159 billion), followed by offshore financial centers (€40 billion), Brazil (€36 billion), Switzerland (€24 billion), Hong Kong (€10 billion) and China (€8 billion). Disinvestment by the EU-28 in Russia and Canada in 2013 amounted to €11 billion and €2 billion respectively. The main investor by far in the EU-28 in 2013 was the US (€313 billion), followed by Brazil (€21 billion), Switzerland (€18 billion), Japan (€10 billion), and Hong Kong and Russia (both €8 billion). On the other hand, disinvestment in the EU-28 by offshore financial centers in the given year totaled €41 billion.