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Europe Live Saturday 25th May 2013

Trade surplus

12th March 2012

According to a Eurostat study published on 12th March, the European Union recorded a 4.4 billion euro surplus in its current account in the fourth quarter of 2011, compared to a deficit of 21.4 billion in the fourth quarter of 2010. In the fourth quarter of 2011 the Union's trade in goods was in deficit by 11.3 billion euros compared to a deficit of 30.4 billion in the fourth quarter of 2010. In the 4th quarter of 2011 trade in services recorded a surplus of 31.4 billion euros against a surplus of 25.1 billion in the fourth quarter of 2010.

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