Accordingly, EU exports increased by 19.6 percent in January compared to the same period of the previous year to 178.2 billion euros, while imports increased by 52.4 percent to 214.2 billion euros. Thus, the EU’s foreign trade deficit became 36 billion euros in January, APA-Economics reports citing Politics Headlines.
In the Eurozone, exports increased by 18.9 percent in January compared to the same period of 2021 to 199.5 billion Euros, while imports increased by 44.3 percent to 226.7 billion Euros. The Eurozone’s trade deficit was recorded as 27.2 billion euros in January.
Export and import figures of EU countries to different countries have been determined
The countries that imported the most from EU countries in the said period were the USA with 35.4 billion Euros, the United States with 23.3 billion Euros. The Kingdom was followed by China with 16.2 billion euros, Switzerland with 12.9 billion euros, Russia with 7.1 billion euros and Turkey with 6.4 billion euros.
The countries that export the most to EU countries are China with 50 billion Euros, USA with 21.8 billion Euros, Russia with 19 billion Euros, United Kingdom with 13.8 billion Euros, Norway with 10.4 billion Euros, 10, Switzerland with 3 billion euros and Turkey with 8 billion euros.