Economy

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

Eurozone Trade Surplus Highlights Economic Resilience

The Eurozone's international trade surplus in goods experienced a remarkable increase to €24 billion in February, a significant leap from January's adjusted figure of €0.8 billion and surpassing the €21.7 billion surplus recorded in February 2024, as detailed by Eurostat in its latest report.

Exports and Imports Show Robust Growth

Exports from the euro area reached €248.7 billion in February, showcasing a 6.2% increase compared to the previous year. On the other hand, imports into the region also saw a healthy rise of 5.7%, totaling €224.7 billion for the same period.

EU Trade Figures Follow Positive Trend

Across the entire European Union, exports climbed to €225.4 billion, marking a 7% annual growth, while imports grew by 7.2% to €202.4 billion, further emphasizing the region's strengthening trade dynamics.