{"id":116466,"date":"2021-06-15T10:03:37","date_gmt":"2021-06-15T10:03:37","guid":{"rendered":"https:\/\/fin2me.com\/?p=116466"},"modified":"2021-06-15T10:03:37","modified_gmt":"2021-06-15T10:03:37","slug":"euro-zone-trade-surplus-surges-but-less-than-expected-in-april","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/euro-zone-trade-surplus-surges-but-less-than-expected-in-april\/","title":{"rendered":"Euro zone trade surplus surges, but less than expected, in April"},"content":{"rendered":"<figcaption>FILE PHOTO: Containers are seen at a terminal in the port of Hamburg, Germany November 14, 2019. REUTERS\/Fabian Bimmer\/File Photo<\/figcaption><p>BRUSSELS (Reuters) &#8211; The euro zone\u2019s unadjusted trade surplus was almost five times higher in April than a year earlier, mainly thanks to a strong rebound in exports of machinery and cars, but was still smaller than expected, data showed on Tuesday.<\/p>\n<p>The European Union\u2019s statistics office said the unadjusted trade surplus of the 19 countries sharing the euro was 10.9 billion euros in April compared with 2.3 billion in April 2020, as overall euro zone exports rose 43.2% while imports increased 37.4%.<\/p>\n<p>But the April result fell short of market expectations of a 15.8 billion euro surplus in a Reuters poll of economists.<\/p>\n<p>Exports of machinery and vehicles from the whole EU jumped 11.9% in the first four months of 2021, swelling the surplus in that category to 58.5 billion euros from 48.5 billion euros a year earlier.<\/p>\n<p>The EU\u2019s trade deficit with its biggest trading partner China widened, but it was offset by increased trade surpluses with the United States and Britain.<\/p>\n<p>The 27-nation bloc\u2019s overall trade volume with Britain fell after the country left the EU\u2019s internal market at the start of the year but the surplus surged because imports from Britain plunged 27.1% in January-April while exports declined only 3.3%.<\/p>\n<p>Adjusted for seasonal factors the euro zone\u2019s external trade surplus was 9.4 billion euros in April, down from 18.3 billion euros in March.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-eurozone-economy-trade\/euro-zone-trade-surplus-surges-but-less-than-expected-in-april-idUSKCN2DR0TK\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: Containers are seen at a terminal in the port of Hamburg, Germany November 14, 2019. REUTERS\/Fabian Bimmer\/File PhotoBRUSSELS (Reuters) &#8211; The euro zone\u2019s [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":116465,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Euro zone trade surplus surges, but less than expected, in April - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/euro-zone-trade-surplus-surges-but-less-than-expected-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euro zone trade surplus surges, but less than expected, in April - Fin2me\" \/>\n<meta property=\"og:description\" content=\"FILE PHOTO: Containers are seen at a terminal in the port of Hamburg, Germany November 14, 2019. 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