Eurozone Trade Balance
Actual value:
£29.2B
Source:
http://ec.europa.eu/eurostat
Currency:
Euro
Country:
European Monetary Union
Previous value:
£25.8B
Market reaction - market price changing right after the data has been published. Follow past market changes by choosing tiker and event date.
The Trade Balance issued by the Eurostat measures the difference between exports and imports volumes. A positive trade balance demonstrates trade surplus, while a negative result is a sign of deficit. Due to the fact that foreigners must buy the national currency to pay for the country's exports, this can have a significant impact on EUR. Trade balance will grow if there is a stable demand for export and it will positively effect the EUR.
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