ankara
The euro zone trade balance was in surplus at 24.1 billion euros ($26.2 billion) in March, official data released on Tuesday showed.
The figure improved from last year's deficit of 19.1 billion euros, according to Eurostat data.
Eurozone exports fell 9.2% annually to 245.4 billion euros in March, while imports fell 12% to 221.3 billion euros.
The EU27 had a trade surplus of 21.7 billion euros in March, compared to 17.4 billion euros in March 2023.
The United States was the largest recipient of EU exports at 44.7 billion euros, a decrease of 5.6% compared to the previous year.
The EU's other main export markets were the UK (€29 billion), China (€19.8 billion), Switzerland (€16.8 billion) and Turkiye (€10 billion).
Meanwhile, the main source of imports was China, which amounted to 41.2 billion euros, down 4.5% year-on-year.
This was followed by the US, UK, Switzerland, Norway and Turkiye.
quarterly data
From January to March, euro area exports fell by 3.2% year-on-year to 705 billion euros, while imports fell by 12.3% to 647.5 billion euros.
As a result, the single currency area recorded a surplus of 57.5 billion euros in the first quarter of this year, down from a deficit of 9.4 billion euros last year.
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