7,855.06 TL BIST 100 BIST 100
28.92 $ USD USD
€31.16 EUR EUR
38.38 TL Interest Interest
74.67 $ Fossil Oil Fossil Oil
23.80 $ Silver Silver
3.75 $ Copper Copper
132.52 $ Iron Ore Iron Ore
387.00 $ Ship Dismantling Ship Dismantling
1,883.86 TL Gold (gr) Gold (gr)

4.9 billion trade surplus from the EU

The European Union (EU) had a total foreign trade surplus of 4.9 billion euros in July.

4.9 billion trade surplus from the EU

The European Statistical Office (Eurostat) published the international trade data of the EU and the Euro Zone for July.

According to the data, EU exports decreased by 3.2 percent in July compared to the same period last year, reaching 205.2 billion euros, and imports decreased by 21.5 percent, reaching 200.3 billion euros. The EU's foreign trade surplus was determined as 4.9 billion euros in July.

In the Eurozone, exports decreased by 2.7 percent in July compared to the same period in 2022, reaching 227.8 billion euros, and imports decreased by 18.2 percent, reaching 221.3 billion euros. Thus, the Eurozone's trade surplus was recorded as 6.5 billion euros in July.

Most imports are to the USA

In the said period, the countries that imported the most from EU countries were the USA with 41.4 billion euros, the UK with 27.4 billion euros, China with 18.1 billion euros, Switzerland with 15 billion euros and Turkey with 9.1 billion euros.

The countries that export the most to EU countries are China with 42.3 billion euros, the USA with 27.5 billion euros, the UK with 14.4 billion euros, Switzerland with 10.9 billion euros, Norway with 8.7 billion euros and Norway with 7.5 billion euros. It was Turkey with 5 billion euros.

The EU had a trade deficit throughout last year, especially due to rising energy costs.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Striking increase in Turkey's scrap exports in October: 151 percent!

Thursday, December 7, 2023

KARDEMİR will establish a 27.3 MW solar power plant in Van

Thursday, December 7, 2023

This week in European steel market!

Thursday, December 7, 2023

Oman surpasses expectations with surging steel exports and pioneering sustainability initiatives

Thursday, December 7, 2023

Rebar and wire rod prices continue to increase under the leadership of Icdas

Thursday, December 7, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now