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- Eurozone trade surplus falls in April
Eurozone trade surplus falls in April
Eurozone's trade in goods with the
rest of the world resulted in a surplus in April, which was lower
than a month earlier, data from Eurostat revealed
Monday.
The trade surplus fell to EUR 14.9 billion in April from EUR 22.5 billion in March. A year earlier, the surplus amounted to EUR 3.3 billion.
Exports grew 9 percent year-on-year in April, following a flat result in March. Imports rose 1 percent annually, recovering marginally from 10 percent slump in the previous month.
Between April and March, the seasonally adjusted exports fell 0.8 percent while imports rose 0.5 percent.
Extra-EU27 trade balance was a EUR 9.2 billion surplus in April, compared with a surplus of EUR 15.9 billion in March and a deficit of EUR 13.4 billion in April 2012. Exports by EU 27 fell 0.2 percent month-on-month while imports remained stable.
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