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Thursday, 18 August 2011

Euro area external trade surplus 0.9 bn euro

The first estimate for euro area (EA17) trade with the rest of the world in June 2011 gave a 0.9 bn euro surplus, compared with +0.7 bn euro in June 2010. The May 2011 balance was +0.2 bn, compared with -4.9 bn in May 2010. In June 2011 compared with May 2011, seasonally adjusted exports fell by 4.7% and imports by 4.1%.

The first estimate for the June 2011 extra-EU27 trade balance was a 12.2 bn euro deficit, compared with -11.1 bn in June 2010. In May 2011 the balance was -12.3 bn, compared with -16.0 bn in May 2010. In June 2011 compared with May 2011, seasonally adjusted exports fell by 4.8% and imports by 3.8%.

Source: European Commission

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