Europe's February Trade Balance Surplus of 23.6 Billion Euros

Europe's trade balance in February recorded a surplus of 23.6 billion euros.

[Image source=Reuters Yonhap News]

Eurostat, the statistical office of the European Union (EU), announced on the 16th (local time) that the trade surplus in February was 23.6 billion euros, a significant increase compared to the same month last year (a surplus of 3.6 billion euros).

In February, Europe's export value was 235 billion euros, a 0.3% increase compared to the same month last year. Imports in the same month were 211.4 billion euros, a decrease of 8.4%.

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