In February, Eurozone exports of goods to the rest of the world dropped -5.5% yoy to EUR 178.6B. Imports from the rest of the world dropped -2.7% yoy to EUR 161.0B. Trade surplus came in at EUR 17.7B, down from EUR 23.4B a year ago. Intra-Eurozone trade rose 1.7% yoy to EUR 164.8B.
In seasonally adjusted terms, Eurozone exports dropped -2.5% mom. Imports rose 3.4% mom. Trade surplus narrowed to EUR 18.4B, below expectation of EUR 25.4B. Intra-Eurozone trade rose from EUR 5.4B to EUR 168.4B.
