Euro area external trade surplus 6.7 bn euro

The first estimate for the euro area1 (EA16) trade balance with the rest of the world in July 2010 gave a 6.7 bn euro surplus, compared with +11.9 bn in July 2009. The June 20102 balance was +2.2 bn, compared with +5.2 bn in June 2009. In July 2010 compared with June 2010, seasonally adjusted exports fell by 0.6% and imports by 1.5%.
The first estimate for the July 2010 extra-EU27 trade balance was a 5.7 bn euro deficit, compared with +0.5 bn in July 2009. In June 20102 the balance was -9.7 bn, compared with -4.1 bn in June 2009. In July 2010 compared with June 2010, seasonally adjusted exports rose by 0.3%, while imports fell by 1.1%.

News source: Eurostat link: publication