Trademagazin > News and articles > Market News > The euro area’s foreign trade surplus in goods has increased
The euro area’s foreign trade surplus in goods has increased
Due to the base effect, the euro area trade surplus increased significantly year-on-year in April this year, according to a report by the European Union’s statistical office, Eurostat, on Tuesday, but the growth fell far short of market expectations.
According to preliminary Eurostat data, the euro area exported 193.8 billion euros worth of goods to the rest of the world in April, up 43.2 percent from a low base in April 2020 due to disease control measures. Euro area imports of goods amounted to 193.8 billion euros, up 37.4 percent from a year before. (MTI)
Related news
Retail sales increased in the euro area and the European Union in May
Retail sales in the euro area and the European Union…
Read more >We can expect a closer economic and tourism partnership with Montenegro
Montenegro is a particularly important partner for Hungary, and the…
Read more >Euro zone inflation slowed down in June
In line with analysts’ expectations, annual inflation slowed in the…
Read more >
More related news >
Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >