Eurozone Trade Balance recorded a €26.4bn surplus

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Wednesday, Nov 15 2017

Eurozone Trade Balance recorded a €26.4bn surplus

The first estimate for euro area (EA19) exports of goods to the rest of the world in September 2017 was €187.1 billion, an increase of 5.6% compared with September 2016 (€177.2 bn). Imports from the rest of the world stood at €160.7 bn, a rise of 5.1% compared with September 2016 (€152.9 bn). As a result, the euro area recorded a €26.4bn surplus in trade in goods with the rest of the world in September 2017, compared with +€24.3 bn in September 2016. Intra-euro area trade rose to €157.6 bn in September 2017, up by 4.9% compared with September 2016.

In January to September 2017, euro area exports of goods to the rest of the world stood at €1 624.9 bn (an increase of 7.4% compared with January-September 2016) and imports at €1 454.5 bn (an increase of 10.4% compared with January-September 2016). As a result, the euro area recorded a surplus of €170.4 bn, compared with +€195.1 bn in January-September 2016. Intra-euro area trade rose to €1 369.2 bn in January-September 2017, up by 7.4% compared with January-September 2016.

More in this category: « UK Unemployment Rate unchanged at 4.3% US CPI increased by 0.1% »

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