Eurozone exports of goods to the rest of the world grew 14.1% yoy to EUR 218.7B in December. Imports rose 36.7% yoy to EUR 223.3B. Trade deficit came in at EUR -4.6B. Intra-Eurozone trade rose 27.8% yoy to EUR 191.9B.
In seasonally adjusted terms, exports dropped -0.6% mom while imports rose EUR 3.1% mom. Trade deficit was at EUR -9.7B, larger than expectation of EUR -2.5B.
For whole of 2021, exports rose 14.1% to EUR 2434.4B. Imports rose 21.4% to EUR 2305.9B. Trade surplus came in at EUR 128.4B, down from EUR 233.9B in 2020.
