EU and Eurozone trade balance stats for November 2009 (first estimate)

EU and Eurozone trade stats released today by Eurostat, the statistical office of the European Union (first estimate for November 2009):

Eurozone:

The first estimate for the Eurozone trade balance with the rest of the world in November 2009 gave a 4.8 bn euro surplus, compared with -7.0 bn in November 2008.

The October 2009 balance was +6.6 bn, compared with -1.2 bn in October 2008. In November 2009 compared with October 2009, seasonally adjusted exports fell by 0.4%, while imports rose by 0.3%.

EU:

The first estimate for the November 2009 extra-EU trade balance was a 5.8 bn euro deficit, compared with -24.4 bn in November 2008. In October 2009 2 the balance was -4.8 bn, compared with -18.3 bn in October 2008. In November 2009 compared with October 2009, seasonally adjusted exports rose by 1.9% and imports by 1.5%.

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