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Eurozone trade surplus 13.9 billion euros

Staff writer |
The eurozone was expected to register a trade surplus of 13.9 billion euros (19 billion U.S. dollars) in December 2013, up from 9.8 billion euros in the same period of 2012, the EU tatistics office Eurostat said.

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The EU was estimated to record a trade surplus of 8.2 billion euros, compared with a deficit of 2.4 billion euros in the same month of 2012, said Eurostat. Eurozone trade in goods gained 153.8 billion euros in 2013, while it was 79.7 billion euros in 2012.

The 28-nation EU posted a surplus of 49.9 billion euros in 2013, compared with a deficit of 115 billion euros in 2012.

From January to November in 2013, the EU trade deficit for energy decreased, while the surplus for manufactured goods increased, imports from most of EU major trade partners fell, especially from Japan and Brazil, which dropped by 14 percent and 13 percent respectively.

Among member states, Germany had the largest surplus in the first 11 months of 2013 at 185.5 billion euros, while Britain registered the largest deficit at 78.6 billion euros.

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