Euro area international trade in goods deficit was €0.6bn
Imports from the rest of the world stood at €164.5 bn, a rise of 17% compared with January 2016 (€140.1 bn).
As a result, the euro area recorded a €0.6 bn deficit in trade in goods with the rest of the world in January 2017, compared with a surplus of €4.8 bn in January 2016. Intra-euro area trade rose to €145.7 bn in January 2017, up by 10% compared with January 2016.
In 2016, euro area exports of goods to the rest of the world stood at €2 047.7 bn (nearly stable compared with 2015) and imports at €1 775.8 bn (a decrease of 2% compared with the previous year).
As a result the euro area recorded a surplus of €271.9 bn, compared with +€238.7 bn in 2015. Intra-euro area trade rose to €1 709.6 bn in 2016, up by 1% compared with 2015.
In January 2017 compared with December 2016, seasonally adjusted production in the construction sector decreased by 2.3% in the euro area (EA19) and by 1.5% in the EU28, according to first estimates from Eurostat.
In December 2016, production in construction fell by 0.6% in the euro area, while it grew by 0.2% in the EU28. In January 2017 compared with January 2016, production in construction decreased by 6.2% in the euro area and by 3.3% in the EU28. ■
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