Eurostat announces, the first estimate for the euro-zone1 trade balance with the rest of the world in February 2006 gave a 3.1 bn euro deficit against a 3.4 bn euro surplus in February 2005.
The January 2006 balance was -9.5 bn, compared with -1.6 bn in January 2005.
In February 2006 compared with January 2006, exports, seasonally adjusted, fell by 0.6 percent while imports rose by 1.4 percent.
The first estimate for February 2006 extra-EU25 trade was a 15.0 bn euro deficit, compared with -7.0 bn in February 2005. In January 20062, the balance was -24.7 bn, compared with -13.9 bn in January 2005.
In February 2006 compared with January 2006, exports, seasonally adjusted, remained stable while imports increased by 1.2 percent.
Eurostat, the Statistical Office of the European Communities, releases these data.
EU25 January 2006 detailed results The energy deficit grew strongly (-24.3 bn euro in January 2006 compared with -14.3 bn in January 2005), while the surplus in the chemicals sector rose (+5.6 bn compared with +3.9 bn).
The surplus for machinery and vehicles remained stable (+3.9 bn).
EU25 trade flows with its major partners grew.
The most notable increases were for exports to Russia (+26 percent in January 2006 compared to January 2005), China and Brazil (both +24 percent) and Turkey (+23 percent), and for imports from Russia (+60 percent), Norway (+40 percent), China (+36 percent), India (+29 percent) and South Korea (+27 percent).
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