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Eurozone trade surplus falls to 1.1 bln euros in October

(Xinhua)

19:32, December 16, 2011

BRUSSELS, Dec. 16 (Xinhua) -- The eurozone trade surplus stood at 1.1 billion euros (1.43 billion U.S. dollars) in October, the European Union's (EU) statistics bureau Eurostat said on Friday.

Meanwhile, seasonally adjusted exports and imports fell by 1.9 percent and by 0.7 percent respectively in October as against September.

Data showed that the eurozone trade surplus in September 2011 was 2.7 billion euros (3.5 billion dollars).

For the 27-nation EU, trade balance for October 2011 recorded a deficit of 11.0 billion euros (14.3 billion dollars), while trade deficit a year ago was 9.6 billion euros (10.56 billion dollars). Trade deficit stood at 10.6 billion euros in September.

Also in the EU, seasonally adjusted export and import fell by 0.7 percent and 0.5 percent respectively in October as against September.

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