Euro area’s foreign trade surplus increased slightly

By: Trademagazin editor Date: 2021. 11. 15. 11:05

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In September, the euro area had a larger-than-expected trade surplus from the previous month, according to a report by the European Union’s statistical office, Eurostat, on Monday. However, the surplus in September this year is still far behind a year earlier.

Eurozone foreign trade balance closed in surplus in September

In September, a trade surplus of € 7.3 billion was recorded in the euro area after € 4.8 billion in the previous month, higher than the € 6.5 billion expected by the market. A year earlier, in September 2020, the euro area had a trade surplus of € 24.1 billion.

In September, the euro area exported € 209.3 billion worth of goods and services to the rest of the world, up 10.0 percent from a year earlier. Imports amounted to 202.0 billion euros, an increase of 21.6 percent compared to September last year. (MTI)