Friday, October 16, 2009

EU and Euriozone trade balances in August 2009

According to Eurostat:

Eurozone:

The first estimate for the Eurozone's trade balance with the rest of the world in August 2009 gave a 4.0 bn euro deficit, compared with -11.3 bn in August 2008.

The July 2009 balance was +12.3 bn, compared with -4.6 bn in July 2008.

In August 2009 compared with July 2009, seasonally adjusted exports fell by 5.8% and imports by 1.3%.

EU:

The first estimate for the August 2009 extra-EU trade balance was a 12.1 bn euro deficit, compared with -28.7 bn in August 2008.
In July 2009 the balance was +0.6 bn, compared with -23.4 bn in July 2008.
In August 2009 compared with July 2009, seasonally adjusted exports fell by 4.2% and imports by 1.4%.
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