Member access

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Euro-Zone Trade Balance Swings Into Surplus In Feb

04/16/2012 | 06:15am US/Eastern
   By Ilona Billington 

The euro zone's balance of trade in goods with the rest of the world swung into surplus in February supported by continued strong exports from the region's economic power house Germany, data from the European Union's statistics agency showed Monday.

The 17 countries that use the euro had a combined trade surplus of EUR2.8 billion in February, compared with a revised EUR7.9 billion deficit in January and a EUR2.8 billion deficit in February 2011.

The data were broadly in line with economists' forecast for a EUR3.0 billion surplus. Eurostat previously estimated the January trade deficit at EUR7.6 billion.

Exports totaled EUR150.0 billion in February, up from EUR134.9 billion in January, while imports totaled EUR147.2 billion in February compared with January's EUR137.7 billion, the data show.

-By Ilona Billington, Dow Jones Newswires; +44 20 7842 9452;

Latest news
Date Title
<1m ago KAZAKHTELEKOM AO : spare parts for cars
<1m ago TENAGA NASIONAL BHD : supply of sign in visitor registration instructions main intake
<1m ago acquisition gasoline 92 ron
<1m ago CONSMRS ENG4HCPFD : Consumers Energy Urges Residents to Prepare for Tricky Halloween Weather
<1m ago BP : acquisition of soap firm, 3 groups, 65%, gost 30266-95
<1m ago ARCH COAL : Responds to Deficient Otter Creek Permit Application
<1m ago GENERAL ELECTRIC : 'The End is Near' for Incandescent Light Bulbs
<1m ago CONOCOPHILLIPS : Reports Third-Quarter 2014 Earnings; Delivering Production and Margin Growth
<1m ago LENOVO : Statement from Mayor Rahm Emanuel on Lenovo Coming to Chicago
<1m ago MINISTRY OF FINANCE OF REPUBLIC OF INDONESIA : New Administration, New Spirit to Improve Working Performance for Public Welfare
Latest news
Hot News 
MARTINCO : Acquisition of L&G Property Franchise Business
NATIONAL EXPRESS : accelerates after passenger rise
AFREN : takes hit in third quarter
EQUINIX : to Attend NAREIT REITWorld 2014 Conference (MEDIA ALERT)
DEUTSCHE LUFTHANSA : Lufthansa cuts 2015 forecast on global economic slowdown
Most Read News
1d ago CHINA MENGNIU DAIRY : Mengniu and Danone Strengthen Strategic Alliance as Danone Subscribes to a Private Placement by Yashili
1d ago ENERGEN : tops Street 3Q forecasts
1d ago Hiring business drives LinkedIn's revenue beat
1d ago FLUOR NEW : ICA Fluor Awarded Fabrication Contract for Shell’s Heavy Oil Extraction Project in Canada
5m ago Starbucks Americas sales disappoint on softer traffic
Most recommended articles
3m agoDJGerman Retail Sales Slump in September
3m agoDJFrance, Germany Ask Putin For Support
5m agoDJAdvanced Semiconductor Unlocks New Growth -- Barron's Asia
5m ago Starbucks Americas sales disappoint on softer traffic
6m ago BOJ shocks markets with more easing as inflation slows
Dynamic quotes