Eurozone foreign trade surplus falls to 18.1 billion in June. Portugal at the top of export

The Eurozone recorded a surplus of €18.1 billion in goods trade with the rest of the world in June, up from €20 billion in the same month of 2020, Eurostat reports on Tuesday.

According to the European statistics office, Eurozone exports of goods amounted to 209.9 billion euros in June 2021, up 23.8% on the same month (169.6 billion euros), which had been affected by restrictive measures imposed by member states to contain the Covid-19 pandemic.

Imports were €191.8 billion, up 28,2% on June 2020 (€149.6 billion).

Trade within the Eurozone itself, meanwhile, increased to €188 billion in June, up 24.6% compared to June last year.

The European Union (EU) recorded a surplus in external trade in goods of 14.8 billion euros, compared to 20 billion euros in the same month of the previous year.

EU exports of goods amounted to €188.3.1 billion in June, up 22.3% compared to the same month of 2020 (€154 billion).

Imports from the rest of the world were €173.5 billion, up 29.6% compared to June 2020 (€133.9 billion).

Trade within the EU increased to €294.4 billion in June, up 24.6% compared to June last year.

Eurostat's analysis of each of the countries also places Malta as the country with the largest increase in exports outside the European Union, with a rise of over 65% in June. Portugal comes seventh on the list, with an increase of almost 30% in exports outside the European Union in June.

Source: AICEP