Monday, 20 September 2010

Euro Area 6.7bn External Trade Surplus

The euro area (EU16) had an estimated 6.7bn euro trade balance with the rest of the world in July 2010 compared with a 11.9bn euro surplus in July 2009 and a 2.2bn euro surplus in June 2010. Exports fell by 0.6% and imports by 1.5% between June and July.

In July 2010 the EU27 reported an estimated 5.7bn euro trade deficit compared with a 0.5bn euro surplus in July 2009 and a 9.7bn euro deficit in June 2010. The June 2009 extra-EU27 trade deficit was estimated at 4.1bn euros. Exports increased by 0.3% between June and July 2010 but imports fell by 1.1%.

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