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The EU posted a trade deficit of € 5 billion in August

Brussels, Oct 15 (EFE) .- The international trade in goods of the European Union (EU) with the rest of the world registered a deficit of 5,000 million euros in August, compared to the surplus of 10,800 million euros recorded in the same month 2020, reported today the Community Statistical Office, Eurostat.

For its part, the euro area posted a surplus of 4.8 billion euros in trade in goods with the rest of the world in August, compared to 14 billion euros in the same month the previous year.

In the EU, exports of goods reached 164,700 million euros, 18% more than in 2020, while imports stood at 169,800 million euros, 31.8% more than in August of the previous year.

Intra-community trade increased to 18.9%, to 247,800 million euros.

In the case of the euro area, exports of goods in August 2021 were 184.3 billion euros, an increase of 18.2% compared to a year earlier, while imports were 179.5 billion euros, which is 26.6% more than the same month in 2020.

Likewise, commercial exchanges within the euro zone rose 21.2%, reaching 155,500 million euros.

EU data from January to August 2021 showed that extra-EU exports of goods increased to 1,400,000 million euros, which represented an increase of 13.8% compared to the same period in 2020.

Imports rose to 1,306,600 million euros, which was a rise of 16.7% compared to the previous year, for which the EU registered a surplus of 93,400 million euros, compared to 110,600 million from January to August 2020.

Trade within the EU was 2,187.6 million euros, 20.6% more.

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