• Eurozone's trade surplus increases in September

Market news

18 November 2013

Eurozone's trade surplus increases in September

Eurozone's foreign trade surplus increased markedly in September, the latest data from the statistical office Eurostat showed Monday.

The region's trade in goods with the rest of the world resulted in a surplus of EUR 13.1 billion in September, up from EUR 6.9 billion surplus in August. A year earlier, the surplus amounted to 8.6 billion.

In September, exports rose 1 percent month-on-month after adjusting to seasonal variations. Imports were down 0.3 percent. Exports rose 3 percent in September from a year earlier on an unadjusted basis. Imports remained unchanged on an annual basis.

Meanwhile, foreign trade by EU28 resulted in a surplus of EUR 0.6 billion compared with a deficit of EUR 2.4 billion in August and deficit of EUR 14.5 billion in September last year.

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