Euro trade balance shifted towards export

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The euro area’s trade surplus decreased in February compared to a year earlier. This was reported by Eurostat statistics bureau on Friday.

In February, exports fell by 5.5 percent year-on-year to 178.6 billion euros. Imports fell by 2.7 percent to 161.0 billion euros.

This resulted in a trade surplus of EUR 17.7 billion, compared with a surplus of EUR 23.4 billion a year earlier.

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Nicholas de Kramer

Nicholas de Krammer, а self-taught economic analytic with heave mathematical background. Math behind the economics (and economics behind math) is the strong side of the author. Contact him at [email protected]

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