The eurozone’s trade surplus dropped by more than anticipated in September as expansion in imports continued to surpass exports.
- The eurozone’s trade surplus in goods stood at 7.3 billion euros in September, significantly lower from the EUR 24.1 billion posted the same month a year earlier.
- Intra-Eurozone trade increased by 16.4% in September to reach EUR 191.5 billion compared with the same period last year.
- From the start of the year to September 2021, the eurozone exports to the other parts of the world increased to 1,775.1 billion, an increase of 14.7% compared with the same period last year.
- The euro area posted a surplus of EUR 1.31.9billion compared with EUR 151.2 billion in January-September 2020.
- On annual basis, all member states recorded an increase in extra-EU exports rather than Slovakia (-26.3%), Denmark (-2.2%), Czechia (-0.5%), and Cyprus(-0.4%).
The highest increases in extra-EU exports were recorded in Greece (+59.7%), Romania (+26.2%), and Finland (+25.7%).
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