Euro-zone external trade surplus increased in May

The Euro-zone accumulated surplus of 24.6 billion euros in May in trade with the rest of the world. It is more than 34 percent higher than the 18.3 billion euros of a year before – according to the European Union's Statistical Office’s (Eurostat) report that was published on Friday.

According to the first estimate, the Euro-zone’s exports on a yearly basis, increased by 2 percent to 167.4 billion euros, however, imports decreased by 2 percent to 142.8 billion euros.
In the first five months of the year, the value of exports amounted to 826.6 billion euros, roughly stagnated, while the value of imports, declined by 3 percent to 721.3 billion euros, the trade balance closed with a 105.3 billion surplus, compared with the 85.9 billion euros of a year before. (MTI)