Eurozone trade balance -€26.3 billion vs -€32.4 billion prior

  • Latest data released by Eurostat - 15 July 2022
  • Prior -€32.4 billion

The Eurozone trade deficit only lessened a little in May after the record in April, as surging imports as a result of higher energy prices continue to weigh on overall trade conditions. Exports were seen up 28.9% year-on-year while imports are seen up 52.0% year-on-year in May.

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