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EU-Mercosur trade up substantially in last decade

June 20, 2025
In 2024, the EU imported €56.0 billion and exported €55.2 billion worth of goods from the four founding Mercosur (Mercado Común del Sur, in English Southern Common Market) countries - Argentina, Brazil, Paraguay and Uruguay.

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EU-Mercosur trade up substantially in last decade

Russia's trade surplus falls 18.3% to $42.4 bln in January-April


Russia's trade surplus falls 18.3% to $42.4 bln in January-April

June 13, 2025
Russia's positive trade balance fell 18.3% year-on-year in January-April 2025 to $42.4 billion.rn

U.S. economy in Q1 revised up to 0.2-pct contraction

May 30, 2025
Revised data released by the U.S. Commerce Department on Thursday showed that the Gross Domestic Product (GDP) contracted by an annualized rate of 0.2 percent in the first quarter, an upward revision of 0.1 percentage points from the initial estimate.

Japan loses top creditor position for first time in 34 years

May 30, 2025
Japan has lost its long-held title as the world’s largest creditor nation for the first time in 34 years, falling behind Germany despite posting record-high net foreign assets, Kyodo News reported.

NZ exports to EU jump 28% in first year of trade deal

May 16, 2025
The early entry into force of the New Zealand–European Union Free Trade Agreement (FTA) is already delivering strong results, with New Zealand's goods exports to the EU surging by 28% in the first year.

EU generated €39.2 billion surplus in trade in agricultural products

May 16, 2025
In 2024, the EU exported €234.1 billion worth of agricultural products and imported €194.9 billion, generating a €39.2 billion surplus.

California is now world’s 4th-largest economy

April 25, 2025
Governor Gavin Newsom announced that California has officially overtaken Japan to become the world’s fourth-largest economy, according to newly released data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA).

Thailand's exports jump 17.8 pct to 3-year high in March

April 25, 2025
Thailand's exports rose for a ninth consecutive month in March, hitting the highest level in three years, driven by industrial shipments to key markets, official data showed on Thursday.

Turkish exports hit second highest March figure on record

April 11, 2025
Turkish exports last month hit their second-highest March figure on record, totaling $23.4 billion, up 3.2% from the same month last year, the country's trade minister announced.

EU hourly labour costs ranged from €11 to €55 in 2024

April 4, 2025
In 2024, the average hourly labour costs in the whole economy were estimated to be €33.5 in the EU and €37.3 in the euro area, up compared with €31.9 and €35.7, respectively, in 2023.
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