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18.06.2019, 09:44

EU trade surplus with U.S. increased in the first four months of 2019 - Eurostat

The European Union's trade surplus in goods with the United States increased in the first four months of 2019 while its deficit with China widened.

The European Union's surplus with the United States grew to 48.2 billion euros in Jan-Apr 2019 from 46.0 billion euros in the same period of 2018, EU statistics office Eurostat reported. With China, the EU's trade deficit expanded to 62.0 billion from 57.2 billion euros.

Overall, the goods trade deficit of the 28-nation bloc increased to 21.7 billion euros in Jan-Apr 2019 from 10.3 billion a year earlier. For the narrower 19-country eurozone, exports grew by 5.2% year-on-year in April and imports by 6.6%, leading to a narrowing of its trade surplus to 15.7 billion euros in April from 17.1 billion a year earlier.

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