Sunday, December 20, 2009

EU and Eurozone trade balances in October 2009 (1st estimate)

A) Eurozone: + 8.8 bn Euro

The first estimate by Eurostat, the Statistical Office of the European Communities (released on Friday December 18) for the Eurozone trade balance with the rest of the world in October 2009 show a 8.8 bn euro surplus, compared with -1.2 bn in October 2008.

The September 2009 balance had been +0.9 bn, compared with -6.0 bn in September 2008.

In October 2009, compared with September 2009, seasonally adjusted exports fell by 0.2% and imports by 2.2%.

B) EU: -3.8 bn Euro

The first Eurostat estimate for the October 2009 extra-EU trade balance was a 3.8 bn euro deficit, compared with -18.3 bn in October 2008.

In September 2009 the balance was -11.1 bn, compared with -24.5 bn in September 2008.

In October 2009 compared with September 2009, seasonally adjusted exports rose by 0.2%, while imports fell by 1.0%.

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