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2/15, 11:00 AM (Source: TeleTrader)
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Eurozone trade surplus up to €29.2B in December

The Eurozone international trade of goods surplus rose to better-than-expected €29.2 billion in December, statistical office Eurostat said in its first estimate published on Monday.

Exports of goods from the euro area to the rest of the world annually grew by 2.3% to €190.7 billion, achieving the first increase since February last year. On the other hand, imports from the rest of the world fell 1.3% to €161.5 billion. Intra-euro area trade rose 0.9% to €148.7 billion in December.

The European Union as a whole registered a €30.1 billion surplus in trade in goods with the rest of the world, along with intra-EU trade growth of 3% to €235.1 billion. China, the United Kingdom and the United States remained EU's top trade partners. Finland, Slovakia and Estonia saw the largest increases in exports, while Malta recorded the biggest export drop.

Breaking the News / ND