Euro area international trade in goods surplus €25.8 bn, €25.3 bn surplus for EU, for November 2020

The first estimate for euro area exports of goods to the rest of the world in November 2020 was €196.7 billion, compared with November 2019 (€198.6 bn), this is a decrease of 1.0% but it nevertheless indicates a return to pre-COVID levels, according to data published today by Eurostat, the statistical service of the EU.

According to Eurostat, imports from the rest of the world stood at €170.9 bn, a fall of 4.2% compared with November 2019 (€178.4 bn).

As a result, the euro area recorded a €25.8 bn surplus in trade in goods with the rest of the world in November 2020, compared with +€20.2 bn in November 2019. Intra-euro area trade fell to €165.4 bn in November 2020, down by 1.3% compared with November 2019.

In January to November 2020, euro area exports of goods to the rest of the world stood at €1 941.3 bn (a decrease of 10.2% compared with Ja

Source: Cyprus News Agency