Economy

Eurozone's Trade Surplus Skyrockets to €24B in February, Outshining Previous Months

Eurozone Trade Surplus Sees Significant Increase

The Eurozone's international trade surplus in goods reached an impressive €24 billion in February, marking a substantial rise from January's adjusted figure of €0.8 billion and surpassing the €21.7 billion surplus recorded in February 2024, according to Eurostat's latest report.

EU Trade Performance Also on the Rise

Similarly, the entire European Union reported a trade surplus of €23 billion for the same month, up from €21.8 billion in February 2024, indicating a positive trend in trade across the region.

Exports and Imports Show Robust Growth

Exports from the euro area climbed to €248.7 billion in February, a 6.2% increase compared to the previous year. Imports into the region also saw a healthy rise of 5.7%, totaling €224.7 billion. Across the EU, exports surged by 7% to €225.4 billion, while imports grew by 7.2% to €202.4 billion, showcasing the bloc's dynamic trade activity.