The eurozone recorded a trade deficit of 4,600 million euros in December

International trade in merchandise Euro-zone With the rest of the world, in the context of increasing energy imports, it recorded a deficit of 4,600 million euros in December last year, after recording a surplus of 28,300 million in the same month of 2020.

As the Bureau of Community Statistics reported Tuesday, EurostatExports of goods from the eurozone to the rest of the world in December amounted to 218.7 billion euros, an increase of 14.1% compared to the last month of 2020, while imports amounted to 223.3 billion, an increase of 36.7% mainly driven by the increase. in energy imports.

The volume of trade between partners in the eurozone amounted to 191.9 billion euros, up 27.8% from December 2020.

Between January and December 2021, the trade surplus of the countries of the single currency with the rest of the world amounted to 128.4 billion euros, which is a clear decrease compared to 233.9 billion obtained in the previous year.

Eurostat highlighted the largest increases in flows in the past year imports s exports In the energy sector, which led to a “significant deterioration” of the EU energy deficit, from 157.2 billion euros in 2020 to 276.7 billion euros in 2021.

According to countries, in 2021 the trade deficit between the EU and China increased (from 182.3 billion euros in 2020 to 248.9 billion euros in 2021) and Russia (from 15.7 billion to 69.2 billion), while the surplus with the United States improved (from 150.2 billion Euros) 1 billion to 167.4 billion) and the United Kingdom (from 109.3 billion to 137.6 billion).

See also  Uber will have to pay the British tax authorities $ 700 million

Leave a Reply

Your email address will not be published. Required fields are marked *