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EUROPOLITICS / Trade policyPrint this article | Print this article

Eurozone external trade surplus at 2.8 bn euro

Monday 16 April 2012

According to estimates for February 2012, published by Eurostat, on 16 April, the eurozone registered a trade surplus of €2.8 billion with the rest of the world, compared with a deficit of €2.8 billion in February 2011. The first estimate for the February 2012 EU27 trade balance was a €9.4 billion deficit, compared with -€10.5 billion in February 2011. In January 2012, the balance was -€23.5 bn, compared with -€31.3 bn in January 2011. In January 2012, the EU27 trade surplus increased with the United States (+€5.9 bn in January 2012, compared with +€4.1 bn in January 2011) and Switzerland (+€3 bn compared with +€1.1 bn). The EU27 trade deficit fell with China (-€14.7 bn compared with -€15.8 bn) and Japan (-€1.1 bn compared with -€2.1 bn), remained nearly stable with Russia (-€9.6 bn compared with -49.7 bn) and increased with Norway (-€5.2 bn compared with -€4.4 bn).



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