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Eurozone July trade balance €6.5 billion vs €23.0 billion prior

Prior €23.0 billion; revised to €18.5 billionHere are some details which might give a better picture of the euro area trade situation, relative to last year when energy prices were much higher:Jan - Jul 2023 exports €1,663.0 billion (+2.3% vs Jan - Jul 2022)Jan - Jul 2023 imports €1,660.4 billion (-8.4% vs Jan - Jul 2022)Jan - Jul 2023 trade balance €2.7 billion (vs -€188.1 billion in Jan - Jul 2022)In simpler terms, energy imports have declined considerably this year and that has resulted in a... Read More

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Eurozone

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Posted: Sep 15 2023, 09:02

Author Name: forexlive

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