According to first estimates by Eurostat, the Statistical Office of the EU, in January 2008 the trade deficit of the Eurozone (EZ15) in the trade with non-EU countries amounted to 10.7 billion Euros. The deficit of the EU27, according to estimates, amounted to 30.7 billion Euros after -26.0 billion in January 2007.
In January 2007 the deficit of the EZ15 was -7.3 billion and in December 2007 it reached -4.1 billion. In January this year exports and imports increased by 7.4% each in comparison with December 2007.
In December 2007 the balances for the EU27 had been -17.6 billion after -10.0 billion in December 2006. Exports increased by 6.2% and imports by 4.9% in January this year as compared to December 2007 (in figures adjusted for season).
Explanations:
- EZ15: Belgium, Germany, Ireland, Greece, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal, Slovenia, Finland, Cyprus and Malta.
- EU27: Belgium, Bulgaria, Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and Great Britain.