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The EU and the euro zone increased their commercial surplus,Romania deepened its deficit

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In the first two months of 2018,the surplus import/export (commercial surplus) increased in the euro zone and in the EU with up to 4%. At the same time, Romania had an imbalance imports/exports (commercial deficit) up by 0.4 percentage points, shows a report of Eurostat.

The commercial deficit of Romania increased from -1.3 billion euro in the first two months of 2017 to -1.7 billion euro up by 0.4 percentage points.

According to Eurostat,the first estimate of exports of goods to the rest of the world in February 2018 for the euro zone was 177.5 billion euro, growth of 3% against February 2017 when there were 172.3 billion euro.

‘Imports in the rest of the world went up to 158.6 billion euro,growth of 1.5% against February 2017 when there were 156.2 billion euro. As a result, the euro zone registered a valueof 18.9 billon euro in the commerce with goods with the rest of the world in February 2018, as compared to the growth of 16.1 billion euro in February 2017.Commerce inside the euro zone increased up to 153.7 billion euro in February 2018 up by 3.9% against February 2017’ the Eurostat report says.

In the first two months of this year,exports of goods in the euro zone   to the rest of the world increased to 356.2 billion euro ( growth of 5.9% against the same period of the previous year) while imports increased at 333.8 billion euro ( growth of 3.8% against January – February 2017).

The euro zone registered a surplus of 22.4 billion euro, against +14.5 billion euro in January-February 2017. The intra-euro commerce increased up to 314 billion euro in January – February 2018 up by 6.5%.

On the other hand, the first estimate for exports of goods extra-EU 28 in February 2018 was 149.2 billion euro,up by 1.7% against the previous year,Eurostat says.

‘Imports from the rest of the world   was 145.9 billion euro, dropping by 0.4% as compared to the respective period of the previous year, when there were 146.5 billion euro. As a result, EU28 registered a surplus of 3.3 billion euro in the commerce with goods with the rest of the world  in February 2018, against +0.2 billion euro in February 2017’ Eurostat says.

The intra-EU 28  increased up to 277.4 billion euro in February 2018, +3.5% against February 2017.

The data reported show that in January – February 2018 exports of goods outside the EU 28 increased to 299.7 billion euro ( growth of 4% against January – February2017) while imports increased to 316.8 billion euro (growth of 3.6% against January – February 2017). As a result, EU28 registered a deficit of 17.1 billion euro, against -17.5 billion euro in January – February 2017.

The intra-EU 28 commerce increased to 567.2 billion euro in January –February 2018, +6.6% against January – February 2017, the report shows.

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