ANKARA
The Eurozone’s trade surplus in September has risen to twice more than that of August figures, a new European Statistical office report said Monday.
Trade surplus refers to an excess of exports compared with imports.
“The first estimate for the Euroarea EA18 trade-in goods balance with the rest of the world in September 2014 gave a €18.5 billion surplus, compared with +€10.8 billion in September 2013,” the office said in a report published on its website.
The EA18 refers to the 18 European countries that use the common euro currency.
The August 2013 figure was 8.6 billion euros.
The improvement is largely attributed to the significant export performance of the union, a nine percent increase year-on-year, while imports only increased by four percent during the same period.
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