Eurozone trade surplus drops in November 2009
www.chinaview.cn 2010-01-15 21:05:53   Print

    BRUSSELS, Jan. 15 (Xinhua) -- Eurozone's trade surplus with the rest of the world dropped to 4.8 billion euros (6.9 billion U.S. dollars) in November 2009 from the October level of 6.6 billion euros (9.5 billion dollars), the European Union (EU)'s statistics arm Eurostat said Friday.

    Eurostat said, after seasonal adjustment, exports of the 16-nation Eurozone in November fell 0.4 percent compared with the previous month, while imports increased by 1.5 percent.

    For the 27-member EU, November saw a trade deficit of 5.8 billion euros (8.35 billion dollars), up from 4.8 billion euros (6.9 billion dollars) in October.

    In the first ten months of 2009, EU's trade flow with all its main partners fell, except for exports to China which remained stable. The largest drop was in exports to Russia, which plummeted by 40 percent compared with the same period in 2008.

Special Report:  Global Financial Crisis

Editor: Xiong Tong
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