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Italian exports up by 2.3%

Compared to the previous month, exports in December increased by 2.3%, reflecting a growth in sales for non-Eu countries (+2.5%) and for Eu countries (+2.1%). The growth in purchases (+2.5%) is due to the increase for non-Eu countries (+6.5%) while Eu countries are stationary (+0.0%). In the quarter (October-December 2016), exports' increase (+2.4%) is due to a rise for both Eu and non-Eu markets (+2.1% and +2.9% respectively). The growth in imports (+3.6%) is mainly due to an increase of purchases of goods from non-EU markets (+5.2%).

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Eurozone Trade Balance surplus rose to 24.5 billion euros

The first estimate for euro area (EA19) exports of goods to the rest of the world in December 2016 was €178.6 billion, an increase of 6% compared with December 2015 (€168.7 bn). Imports from the rest of the world stood at €150.5 bn, a rise of 4% compared with December 2015 (€144.4 bn).

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China's Trade Balance surplus rose more than expected

China’s trade surplus expanded faster than expected in January, data from the General Administration of Customs showed on Friday. Beijing posted a trade surplus of 355 billion yuan in January, up from 275 billion yuan in December, well above forecasts calling for 295 billion. In U.S.-denominated terms, Beijing’s surplus widened to $51.4 billion from $40.8 billion. Analysts in a median estimate forecast a reading of $49.8 billion.

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US Trade Balance showed deficit of $44.3 billion

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $44.3 billion in December, down $1.5 billion from $45.7 billion in November, revised. December exports were $190.7 billion, $5.0 billion more than November exports. December imports were $235.0 billion, $3.6 billion more than November imports.

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