Economy

Eurozone's Trade Surplus Soars to €24B in February, Marking a Significant Economic Upturn

Eurozone Trade Surplus Highlights Economic Resilience

In a striking display of economic resilience, the Eurozone's international trade surplus in goods surged to €24 billion in February. This marks a substantial increase from January's adjusted surplus of €0.8 billion and surpasses the €21.7 billion surplus recorded in February 2024, as reported by Eurostat.

EU-Wide Trade Performance Strengthens

The entire European Union mirrored this positive trend, with the trade surplus reaching €23 billion in February, up from €21.8 billion in the same period last year.

Export and Import Growth Signals Robust Demand

Exports from the euro area climbed to €248.7 billion, a 6.2% year-over-year increase, while imports rose by 5.7% to €224.7 billion. Across the EU, exports and imports saw even more significant growth, with exports jumping 7% to €225.4 billion and imports increasing by 7.2% to €202.4 billion.