Euro Area Trade Surplus Widens in October


Euro area international trade in goods surplus of €10.2 billion from €9.5 billion in September according to a release by the Eurostat

The first estimate for the euro area (EA17) trade in goods balance with the rest of the world in October 2012 gave a €10.2 billion surplus, compared with -0.7 billion in October 2011. The September 2012 balance was +9.5 billion, compared with +0.8 billion in September 2011. In October 2012 compared with September 2012, seasonally adjusted exports fell by 1.4% while imports increased by 0.6%. These data are released by Eurostat, the statistical office of the European Union.

The first estimate for the October 2012 extra-EU27 trade in goods balance was a 9.4 billion euro deficit, compared with -11.3 billion in October 2011. The September 2012 balance was -12.5 billion, compared with -11.4 billion in September 2011. In October 2012 compared with September 2012, seasonally adjusted exports decreased by 1.7% while imports rose by 0.3%. 

Eurostat | Nuno Fontes | nuno@tradingeconomics.com
12/17/2012 10:06:21 AM