2023-04-18 05:12:18 ET
Euro Area recorded a trade deficit of ?30.6B in January of 2023, widening slightly from a ?30.2B gap in the corresponding period of the previous year.
Imports grew by 9.7% to ?253.5B in the period, while exports jumped by 11% to ?222.9B.
Meanwhile, the EU posted a trade deficit of ?34.6B, narrowing from the ?38.6B gap in January 2022.
Exports from the EU grew by 10.6% to ?198.6B, supported by sales of machinery and vehicles , energy, and food and beverages.
Imports grew by a softer 7% to ?233.3B, carried by purchases of energy and machinery and vehicles.
ETFs: ( EWG ), ( GF ), ( EWI ), ( EWQ ), ( EWGS ), ( FGM ), ( DBGR ), ( DXGE ), ( HEWG ), ( DAX ), ( FLFR ), ( FLGR ), ( FLIY )
For further details see:
Euro area trade deficit slightly widened in January to ?30.6B