MADRID, December 16 (EUROPA PRESS) –

The negative balance of the euro area trade balance reached 26.5 billion euros last October, compared with a surplus of 600 million euros for the same month of 2021, according to data on international trade in goods published this Friday by Eurostat, the statistical office community.

Specifically, exports of goods worldwide rose 18%, to 252.8 billion euros, while imports increased 30.7%, to 279.3 billion. Commercial activity between euro partners was 234.7 billion euros, which equates to a year-on-year increase of 17.9%.

With respect to registered activity in the first ten months of this year, the eurozone recorded a trade deficit of 291.8 billion euros, compared with a surplus of 129.3 billion in the same period last year. Exports through October grew 19.1%, to 2.374 billion euros, while imports rose 43%, to 2.665 billion. Commercial activity between euro partners between January and October was 26.3% higher, reaching 2.263 trillion.

On the other hand, the European Union (EU) trade balance showed a negative balance of 38,200 million, compared to a deficit of 7,000 million in October 2021.

Exports from the community block worldwide in the tenth month of the year grew by 18% year-on-year, to 225,200 million, while imports rose 33.1%, to 263,400 million. The commercial activity between them is 366,600 million, 18.2% more.

Between January and October, Twenty-seven observed exports of 2.115 billion euros, 18.8% more, while exports were 2.511 billion, 47.7% more. Commercial activity between Member States until October reached 3.507 trillion, 24.5% more.

The United States remained the EU’s top export destination country until September, with 420.6 billion euros (+28.6%). Behind are the UK, with 272,400 million (+17.5%) and China, with 190,100 million (+2.9%). In turn, Twenty-seven imported goods mainly from China (526.4 billion), the United States (297 billion) and the United Kingdom (184.5 billion).