Euro area external trade deficit 2bn euro for Apr 2006
19 Jun '06
2 min read
The first estimate for the euro area1 trade balance with the rest of the world in April 2006 gave a 2.0 bn euro deficit against a 1.6 bn surplus in April 2005.
The March 2006-2 balance was +0.6 bn, compared with +4.0 bn in March 2005. In April 2006 compared with March 2006, exports, seasonally adjusted, rose by 1.6 percent and imports by 2.0 percent.
The first estimate for April 2006 extra-EU25 trade was a 14.8 bn euro deficit, compared with -9.3 bn in April 2005. In March 20062, the balance was -12.4 bn, compared with -6.6 bn in March 2005.
In April 2006 compared with March 2006, exports, seasonally adjusted, fell by 0.4 percent and imports by 0.3 percent. These data are released by Eurostat, the Statistical Office of the European Communities.
EU25 January-March 2006 detailed results The energy deficit grew strongly (-73.3 bn euro in January-March 2006 compared with -45.8 bn in January-March 2005), while the surpluses in the chemicals sector (+18.5 bn compared with +14.3 bn) and for machinery and vehicles (+23.3 bn compared with +20.5 bn) rose.
EU25 trade flows with its major partners grew. The most notable increases were for exports to China (+29 percent in January-March 2006 compared with January-March 2005), Russia and Turkey (both +27 percent) and Canada (+24 percent), and for imports from Russia (+47 percent), Norway (+41 percent), China (+28 percent), India (+27 percent), Canada (+25 percent) and South Korea (+24 percent).
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