Eurozone Goods Trade Trends in May: Exports Down by 0.5%, Imports Decline by 6.4%
Tuesday, 16 July 2024, 09:29
Eurozone Goods Trade Trends in May
In May, Eurozone experienced a 0.5% year-over-year decrease in goods exports amounting to EUR 241.5B while goods imports dropped by 6.4% to EUR 227.6B.
Trade Balance and Intra-Eurozone Trade
- Trade balance showcased a surplus of EUR 13.9B.
- Intra-Eurozone trade also declined by 5.6% year-over-year to EUR 216.0B.
These figures reflect the challenging trade environment in the Eurozone with noticeable impacts on both export and import levels.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.