The Eurozone recorded an international trade in goods deficit of 600 million euros ($644 million) in the month of Jan. 2017, according to data released by the European statistics office on Friday.
The 19 countries that use the euro currency exported goods to the tune of 163.9 billion euros in Jan. _ an increase of 13 percent compared to the previous year _ and imported 164.5 billion euros from the rest of the world (a 17-percent uptick), which left a net trade deficit of 0.6 billion euros.
This contrasts with Jan. 2016, which, according to the figures provided by Eurostat, left a net trade surplus of 4.8 billion euros for the Eurozone.
The first month of this year also saw 145.7 billion euros in intra-Eurozone trade, a 10-percent rise compared with Jan. 2016.
In the entire year of 2016, goods exports from the Euro area to the rest of the world amounted to 2.047 billion euros _ virtually the same figure as in the previous year _ and imports constituted 1.775 billion euros, a two-percent drop compared to 2015.
This left 2016 with a net balance of 271 billion euros in surplus.
According to Eurostat's first estimates for Jan. 2017, exports from the entire European Union (28 countries) to the rest of the world reached 141.2 billion euros, 16 percent more than in Jan. 2016 (121.4 billion euros).
Meanwhile, imports into the EU hovered around 157.4 billion, an 18-percent increase compared to Jan. 2016.
As a result, the EU bloc showed a trade deficit of 16.2 billion euros with non-EU countries.
The category with the sharpest climb in exports was that of raw materials, which rose 33 percent, while imports of the same increased by 10 percent.
As to imports, the most significant upsurge was recorded in the category of manufactured goods, which increased 35 percent.
Of these, chemical products saw a 60-percent rise in imports, while vehicles and machinery increased by 23 percent.
Source: EFE
Nenhum comentário:
Postar um comentário