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    Home » Eurozone Posts International Goods Trade Deficit of €1.5B in November
    Forex News

    Eurozone Posts International Goods Trade Deficit of €1.5B in November

    January 14, 20221 Min Read
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    The international goods trade deficit in the eurozone stood at €1.5B in November, compared to the €25B surplus posted in November last year.

    • The international exports in the eurozone increased by 14.4% on annual basis to stand at €225.1B in November.
    • Meanwhile, exports increased by 32% YoY to reach €226.6 billion. Intra-euro area trade increased by 22.1$ to €204.3 billion in November compared to the same period last year.
    • Eurozone exports of goods to the rest of the world from January to November 2021 increased by 14% to €2,215.0 billion compared to last year as imports rose by 19.9%. In the same period, intra-euro zone trade increased by 19.9%.

    On an annual basis, in the EU, all member states posted a large increase in extra-EU exports, except Slovakia and Malta. Cyrus led other countries with the highest increase of 179%, followed by Greece at 63%.

    Euro Stoxx 50 down -0.76%, EUR USD down -0.02%

    Source: Eurostat

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