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Eurozone monthly trade surplus EUR 3.7bn in September

17 November 2009, 13:05 CET
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(BRUSSELS) - The eurozone achieved a trade surplus of 3.7 billion euros (6.5 billion dollars) with the rest of the world in September, official data showed on Tuesday.

In more good news, the EU's Eurostat agency cut an earlier estimate for August's deficit way back from 4.0 billion euros to 2.3 billion euros.

The 16 countries using the single euro currency had enjoyed a record 12.3-billion-euro surplus in July on strong exports and flat imports, and August's deficit had ended a five-month run of trade surpluses.

In September both eurozone exports and imports rose, but with the rise in outward trade at 5.5 percent while imports rose by just 1.1 percent.

For the 27-nation EU as a whole, the official initial estimate put the external trade deficit at 11.2 billion euros, down from 12 billion euros in August.

Further details - Eurostat

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