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Eurozone records trade deficit of 24.6 billion euros in June

In June, the euro zone registered a deficit of 24,600 million euros in the trade balance of goods, while in the European Union as a whole the deficit reached 34,000 million euros, Eurostat reported on Tuesday.

According to the statistics service of the European Union (EU), the deficit registered in June of this year in the international trade of goods in the space of the single currency contrasts with the surplus of 17,200 million euros in the same month of 2021, and the trade deficit of the EU as a whole compares with a surplus of €14 billion the previous year.

According to preliminary data from Eurostat, exports of goods from the euro zone to the rest of the world reached 252.2 billion euros in June, a year-on-year increase of 20.1% (in June 2020 they had been 210 billion euros). ), but imports grew even more, from 192.9 billion to 276.8 billion euros, which corresponds to an increase of 43.5% year-on-year.

The official statistics office notes that almost all Member States, with the exception of Cyprus and Denmark, recorded strong increases in extra-EU exports year on year, with Slovenia (109.4%) and Greece (75.6%) in the lead. on main climbs.

However, extra-community imports also had a similar evolution, with all Member States, with the exception of Latvia and Luxembourg, registering year-on-year increases, the highest being Cyprus (130.1%) and Greece (100.4%).

Source: Observadora

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