2020.04.2009:50:00UTC+00Eurozone Trade Surplus Increases In February

The euro area trade surplus increased in February as exports increased from January amid a fall in imports, first estimate from Eurostat showed on Monday.

The trade surplus rose to a seasonally adjusted EUR 25.8 billion in February from EUR 18.2 billion in January.

Exports grew 1.8 percent on a monthly basis, while imports decreased 2.3 percent from January.

Year-on-year, exports gained 1.6 percent in February. On the other hand, imports fell 1 percent. Consequently, the trade surplus increased to EUR 23 billion from EUR 18.5 billion a year ago.