The value of trade in goods in the EU has increased
The value of trade between the euro area and the European Union rose significantly in March, not surprisingly in light of the fact that the coronavirus pandemic had just exploded a year earlier and the economy was almost completely paralyzed in the second half of the month as a result of severe restrictions.
According to preliminary data released by the Statistical Office of the European Union (Eurostat) on Tuesday, euro area merchandise exports in March, seasonally adjusted, rose by 8.9 percent year-on-year to 212.1 billion euros and imports by 19.2 percent to 196.3 billion euros. The trade balance thus showed a surplus of 15.8 billion euros, up from 29.9 billion euros of a year earlier. (MTI)
Related news
Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the…
Read more >
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 >
More related news >
Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >
Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >
UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >
