Eurozone sees record trade surplus of 81.8 bn euros
In 2011, eurozone trade deficit 15.7 bn, best since 2006
(ANSAmed) - Brussels, February 15 - The 17 countries of the Eurozone pulled off a record trade surplus of 81.8 billion euros in 2012, Eurostat reported on Friday. In 2011, the Eurozone had a trade deficit of 15.7 billion euros - the best figure since 2006.
The 27 countries of the European Union, instead, saw its trade deficit narrow from 162.7 billion euros in 2011 to 104.6 billion in 2012.
In 2012, the largest trade surpluses were seen in Germany (+174.6 billion euros), Holland (+46 billion), Ireland (+39.9 billion), and the Czech Republic (+12.1 billion). The biggest European trade deficits were felt by Britain (-152.9 billion euros), France (-75.2 billion), Spain (-30 billion), and Greece (-19 billion). Italy had a trade surplus of nine billion euros for the first eleven months of 2012, a significant improvement over its trade deficit in 2011 of 26.9 billion euros. In 2012, the Eurozone especially improved its exports toward Japan and Russia (+15%), United States (+13%), Switzerland and United Kingdom (+8%).
Imports declined from all countries, except the United States (+8%) and Russia (+4%).
The 27 countries of the European Union, instead, saw its trade deficit narrow from 162.7 billion euros in 2011 to 104.6 billion in 2012.
In 2012, the largest trade surpluses were seen in Germany (+174.6 billion euros), Holland (+46 billion), Ireland (+39.9 billion), and the Czech Republic (+12.1 billion). The biggest European trade deficits were felt by Britain (-152.9 billion euros), France (-75.2 billion), Spain (-30 billion), and Greece (-19 billion). Italy had a trade surplus of nine billion euros for the first eleven months of 2012, a significant improvement over its trade deficit in 2011 of 26.9 billion euros. In 2012, the Eurozone especially improved its exports toward Japan and Russia (+15%), United States (+13%), Switzerland and United Kingdom (+8%).
Imports declined from all countries, except the United States (+8%) and Russia (+4%).
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