Trademagazin > News and articles > Market News > The euro area’s foreign trade deficit decreased in May
The euro area’s foreign trade deficit decreased in May
The negative balance of the foreign trade balance of the eurozone (in trade with countries outside the eurozone) was 26.3 billion euros in May, smaller than the record deficit of 32.4 billion euros in April, Eurostat announced on Friday.
Last May, the foreign trade surplus of the eurozone was 12 billion euros.
Exports from the 19 countries of the eurozone to countries not belonging to the eurozone amounted to 248.5 billion euros in May, 28.9 percent more than a year earlier. Imports jumped by 52 percent to 274.8 billion euros. (MTI)
Related news
The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone
In accordance with the preliminary estimate, the annual inflation in…
Read more >Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European…
Read more >Retail sales decreased in the euro area and the EU in February
Retail turnover in the euro area and the EU decreased…
Read more >
More related news >
Related news
Waves in the company trend – the changing faces of liquidations and company formations
Even with decreasing terminations, decreasing numbers of companies in the…
Read more >IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >