- Wednesday, 15 November 2017
- News
Eurozone Trade Balance recorded a €26.4bn surplus
The first estimate for euro area (EA19) exports of goods to the rest of the world in September 2017 was €187.1 billion, an increase of 5.6% compared with September 2016 (€177.2 bn). Imports from the rest of the world stood at €160.7 bn, a rise of 5.1% compared with September 2016 (€152.9 bn). As a result, the euro area recorded a €26.4bn surplus in trade in goods with the rest of the world in September 2017, compared with +€24.3 bn in September 2016. Intra-euro area trade rose to €157.6 bn in September 2017, up by 4.9% compared with September 2016.
Read more...
- Wednesday, 08 November 2017
- News
China's Trade Balance missed market forecasts
China's exports and import growth eased in October in a sign the world's second-largest economy is starting to cool after a strong first half, with momentum seen slackening further as Beijing's crackdown on pollution hits factory output. The trade data also showed China's goods surplus with the United States, historically a sore spot in relations between the two nations, narrowed last month as investors awaited U.S. President Donald Trump's arrival in Beijing later in the day. The nation's overall trade surplus for October was $39.17 billion, according to a Reuters calculation of data from the Administration of Customs. Expectations centered on a surplus of $39.5 billion versus September's $28.61 billion.
Read more...
- Thursday, 02 November 2017
- News
Australian Trade Balance surplus rose to $1,7 billion
In trend terms, the balance on goods and services was a surplus of $1,061m in September 2017, an increase of $6m on the surplus in August 2017. In seasonally adjusted terms, the balance on goods and services was a surplus of $1,745m in September 2017, an increase of $872m on the surplus in August 2017. In seasonally adjusted terms, goods and services credits rose $924m (3%) to $32,961m. Non-rural goods rose $599m (3%), non-monetary gold rose $217m (17%), rural goods rose $5m and net exports of goods under merchanting rose $1m (2%). Services credits rose $102m (1%). In seasonally adjusted terms, goods and services debits rose $52m to $31,216m. Consumption goods rose $191m (2%) and capital goods rose $58m (1%). Non-monetary gold fell $65m (14%) and intermediate and other merchandise goods fell $35m. Services debits fell $97m (1%).
Read more...
- Monday, 16 October 2017
- News
Eurozone Trade Balance recorded a €16.1 bn surplus
The first estimate for euro area (EA19) exports of goods to the rest of the world in August 2017 was €171.5 billion, an increase of 6.8% compared with August 2016 (€160.6 bn). Imports from the rest of the world stood at €155.4 bn, a rise of 8.6% compared with August 2016 (€143.1 bn). As a result, the euro area recorded a €16.1 bn surplus in trade in goods with the rest of the world in August 2017, compared with +€17.5 bn in August 2016. Intra-euro area trade rose to €132.9 bn in August 2017, up by 7.6% compared with August 2016.
Read more...