Foreign trade in the euro area expanded significantly

By: Trademagazin editor Date: 2017. 07. 14. 11:05

Foreign trade in the euro area flourished in May. Exports and imports have expanded considerably, which is another sign that world trade is in a good state.


The world’s number one retailer, the European Union has also increased its turnover with all of its major partners, notably Russia, despite the economic sanctions on Moscow – according to a report released on Friday by the European Union’s Statistical Office (Eurostat).

The 21.4 billion euros export surplus of May was 8.5 percent lower than the one-year-earlier figure of 23.4 billion euros. (MTI)

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