Eurostat: Eurozone Trade Surplus Rises in June

Data published by the European Union statistics office Eurostat on Friday, August 13th showed that the eurozone recorded a significant rise in its trade surplus with the rest of the world in June compared to May, as exports grew faster than imports during the month.

Eurostat said the 19-nation eurozone posted a surplus of 18.1 billion euros ($21.2 billion) in July, up from a trade surplus of 7.5 billion euros in May.

The bloc exported goods worth 209.9 billion euros in June, an increase of about 22% compared to May.

The bloc’s import bill amounted to 191.8 billion euros, up nearly 17% from May.

The surplus decreased slightly compared to June 2020, when it amounted to 20 billion euros.

Compared with the same period last year, imports grew faster than exports.