Euro area international trade in goods records surplus of €10.9 bn in April 2021

The first estimate for euro area exports of goods to the rest of the world in April 2021 was €193.8 billion, an increase of 43.2% compared with April 2020 (€135.3 bn), which had been heavily affected by the COVID-19 containment measures widely introduced by the Member States. Imports from the rest of the world stood at €182.8 bn, a rise of 37.4% compared with April 2020 (€133.0 bn). As a result, the euro area recorded a €10.9 bn surplus in trade in goods with the rest of the world in April 2021, compared with +€2.3 bn in April 2020. Intra-euro area trade rose to €178.9 bn in April 2021, up by 61.9% compared with April 2020.

In January to April 2021, euro area exports of goods to the rest of the world rose to €764.9 bn (an increase of 8.9% compared with January-April 2020), and imports rose to €697.2 bn (an increase of 7.9% compared with January-April 2020). As a result the

Source: Cyprus News Agency