In 2021, a euro zone recorded a surplus of 128.4 billion euros and the European Union (EU) a surplus of 68.9 billion euros. In total, 15 of the 27 EU countries had trade deficits, the fifth highest, according to data released on Tuesday by Eurostat.
Last year, exports of goods from the euro zone to the rest of the world increased to 34.3 billion euros (14.1% more compared to 2020 euros), and as recently emerged to 2,305.9 billion euros (14.1% more compared to 2020 euros) 21.4%). “As a result, the euro zone recorded a surplus of 128.4 million euros, compared to 23.9 million euros” in the previous year, indicates the European statistical office.
In the last year, the euro zone recorded a trade deficit of 46 billion euros, with exports reaching 21 billion euros (14.1% more than in the same month of 2020) and, as planned, 7 billion euros 223.3 billion euros (36.7% more). The latter were mainly due to an increase in “energy impulses”.
In the EU, extra-EU exports increased to 2,180.5 million euros by 20.8% (an increase of 12.8% compared to 2020) and increased from 2,111.5 million euros to 2,111.5 million euros (a increase of 2,111.5 million euros). “As, the EU recorded a surplus of 68.9 billion euros”, which compares with a million of 215.8 billion euros in 2020.
In December, like the eurozone, the EU also recorded a trade deficit, in this case of 10 billion euros. The result was due to an increase of 41.8%, from 2.2 million euros, while exports only grew 12.5%, to 198.2 million euros.
In 2021 as a whole, the surplus for both the EU and the eurozone is largely due to Germany, which saw a surplus of €179 billion.
In fact, in all EU Member States, more than half (15 out of 27) had a trade deficit in 2021. Among these, Portugal recorded the fifth largest trade deficit (19 thousand euros). Only Greece (24.3 billion), Spain (28.9 billion), Romania (24.4 billion) and France (109.6 billion) are worse than Portugal – the French have the highest deficit.