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Economy in Europe   An increase of 6%

Euro area international trade in goods surplus €25.9bn

Euro area international tradeThe first estimate for euro area (EA19) exports of goods to the rest of the world in November 2016 was €184.2 billion, an increase of 6% compared with November 2015 (€173.8 bn).

Imports from the rest of the world stood at €158.3 bn, a rise of 5% compared with November 2015 (€150.9 bn).

READ MORE Euro area international trade in goods surplus €28.1 bn

As a result, the euro area recorded a €25.9 bn surplus in trade in goods with the rest of the world in November 2016, compared with +€22.9 bn in November 2015. Intra-euro area trade rose to €154.0 bn in November 2016, up by 5% compared with November 2015.

In January to November 2016, euro area exports of goods to the rest of the world stood at €1 869.0 bn (nearly stable compared with January-November 2015) and imports at €1 620.8 bn (a decrease of 2% compared with January-November 2015).

As a result the euro area recorded a surplus of €248.2 bn, compared with +€214.3 bn in January-November 2015. Intra-euro area trade rose to €1 569.0 bn in January-November 2016, up by 1% compared with January-November 2015.

The first estimate for extra-EU28 exports of goods in November 2016 was €156.8 billion, up by 5% compared with November 2015 (€148.7 bn).

Imports from the rest of the world stood at €149.9 bn, also up by 5% compared with November 2015 (€143.0 bn).

As a result, the EU28 recorded a €6.9 bn surplus in trade in goods with the rest of the world in November 2016, compared with +€5.7 bn in November 2015.

Intra-EU28 trade rose to €281.0 bn in November 2016, +5% compared with November 2015.




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