Eurozone trade in goods surplus 7.9 bln euros in January

Early estimates for the euro zone international trade in goods show that there was a 7.9-billion-euro (8.38 billion U.S. dollars) surplus in January, the statistical office of the European Union (EU) Eurostat said on Wednesday.

The first estimate for euro area exports of goods to the rest of the world in January was 148.2 billion euros, nearly stable compared with the previous month.

Meanwhile, the euro zone’s imports stood at 140.3 billion euros, registering a fall of 6.0 percent on a monthly basis.

As a result, the euro area recorded a surplus of 192.9 billion euros in 2014, up from 151.9 billion euros the previous year.

By contrast, the 28-nation EU region recorded a 10.6 billion euros deficit in trade in goods with the rest of the world in January. However, this was an improvement compared with the 14.3 billion euros deficit in January 2014.

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