Eurozone posted trade surplus in 12 months to September 2009; Extra-EU27 trade was in deficit
Nov 17th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Eurozone (EA16) trade balance with the rest of the world in September 2009 was a €3.7bn surplus, compared with -€6.0bn in September 2008. The August 2009 balance was -€2.3bn, compared with -€10.8bn in August 2008. In the month of September, seasonally adjusted exports rose by 5.5% and imports by 1.1%. The first estimate for the September 2009 extra-EU27 trade balance was a €11.2bn deficit, compared with -€24.5bn in September 2008. In August 20092 the balance was -€12.0bn, compared with -28.5bn in August 2008. In the month of September, seasonally adjusted exports rose by 3.4% and imports by 2.2%.