Eurozone posts EUR 11.5 billion foreign trade surplus in February

In the same period, the European Union (EU) recorded a foreign trade surplus of EUR 9.1 billion.

According to the data, EU exports in February fell by 9.3% year-on-year to EUR 204.7 billion, while imports decreased by 3.5% to EUR 195.7 billion. In the Eurozone, exports declined by 6.7% annually to EUR 232.4 billion, while imports fell by 2.2% to EUR 220.9 billion.

In foreign trade data, the EU’s main export and import partners also stood out. In February, the largest source of EU imports was the United States with EUR 38.3 billion, followed by the United Kingdom with EUR 28.6 billion, Switzerland with EUR 18.9 billion, China with EUR 14.2 billion, and Türkiye with EUR 8.9 billion.

On the export side, China ranked first with EUR 45.5 billion in goods exported from the EU. China was followed by the United States with EUR 27.7 billion, the United Kingdom with EUR 13.1 billion, Switzerland with EUR 11.9 billion, and Türkiye and Norway with EUR 7.6 billion each.