Eurozone April trade balance €9.4 billion vs €15.0 billion expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 15 June 2021

  • Prior €13.0 billion; revised to €18.3 billion
The non-seasonally adjusted trade balance comes in at €10.9 billion though the monthly figures (seasonally adjusted) shows that exports declined by 2.3% while imports increased by 2.4% for the month of April.

That said, relative to levels seen last year, overall trade conditions are much better and will still take time to recover back towards pre-pandemic levels.
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