The euro area trade deficit is on a nine-year record

Euro area: Eurostat reports significant foreign trade deficit
The first estimate of euro area merchandise exports to the rest of the world in December 2021 is 218.7 billion euros, an increase of 14.1 percent on December 2020 ( 191.7 billion euros).
Imports from the rest of the world were 223.3 billion euros, up 36.7 percent from 163.4 billion euros of a year before, mainly due to higher energy imports. (MTI)
Related news
Inflation in the euro area accelerated slightly in January
Inflation accelerated in January, instead of the expected stagnation, and…
Read more >Signs of growth are already visible in the Hungarian retail sector
According to the latest statistics, the Hungarian retail sector is…
Read more >Eurostat: the number of guest nights spent in tourist accommodation establishments in the EU continued to increase
The estimated number of nights spent in tourist accommodation in…
Read more >Related news
foodora: Condoms are being ordered as early as 7am on Valentine’s Day
Florists are busy, but many people also order chocolate and…
Read more >The growth of Hungarian e-commerce is now driven by imports
In 2024, the entire Hungarian e-commerce market, based on PwC’s…
Read more >Wine promotion support helps domestic producers access the market
A program to promote Hungarian wines domestically and abroad will…
Read more >