The surplus in international trade in goods in the euro zone more than doubled, in October, to 18.4 billion euros in the euro zone, compared to the same amount of 7.1 billion euros, according to Eurostat this Tuesday, 16th.
According to estimates by the European statistics office, exports of goods from the euro area to the rest of the world totaled 258 billion euros in October, an increase of 1.0% compared to October 2024 (255.5 billion).
Imports of goods from third countries amounted to 239.6 billion, which represents a drop of 3.6% compared to October 2024 (248.4 billion).
In the European Union (EU), the external trade surplus of goods more than quadrupled, from 3.1 billion year-on-year to 14.7 billion.
EU exports to the rest of the world saw an annual decline of 2.6% in October, to 227.5 billion, compared to 228.9 billion recorded in the same month of 2024.
On the other hand, imports decreased by 5.8%, totaling 212.8 billion, compared to the year-on-year value of 225.89 billion.