EU-27 foreign direct investments in Brazil, Russia, India and China more than doubled in 2007

In 2007, the EU-27 invested €43 bn in the BRIC countries (Brazil, Russia, India and China (Hong Kong included)), an increase of 58% on 2006 (€27.3 bn), with the BRICs' share of extra EU-27 outflows remaining stable at 10%. For the same year, Russia was the main destination of EU-27 FDI outflows to the BRIC countries. EU foreign direct investment (FDI) in the BRIC countries was more profitable than FDI in extra-EU as a whole for 2003-2006.