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- Eurozone trade surplus widens in September
Eurozone trade surplus widens in September
According to the report from Eurostat, the first estimate for euro area (EA19) exports of goods to the rest of the world in September 2019 was €196.2 billion, an increase of 5.2% compared with September 2018 (€186.5 bn). Imports from the rest of the world stood at €177.6 bn, a rise of 2.1% compared with September 2018 (€173.9 bn). As a result, the euro area recorded a €18.7 bn surplus in trade in goods with the rest of the world in September 2019, compared with +€12.6 bn in September 2018. Intra-euro area trade rose to €163.4 bn in September 2019, up by 0.9% compared with September 2018.
In January to September 2019, euro area exports of goods to the rest of the world rose to €1 741.9 bn (an increase of 2.9% compared with January-September 2018), and imports rose to €1 586.3 bn (an increase of 2.7% compared with January-September 2018). As a result the euro area recorded a surplus of €155.5 bn, compared with +€147.3 bn in January-September 2018. Intra-euro area trade rose to €1 470.9 bn in January-September 2019, up by 1.4% compared with January-September 2018.
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