Eurozone trade surplus almost doubles to €16bn in November

(Sharecast News) - The eurozone almost doubled its goods trade surplus with the rest of the world to €16.4bn in November on a monthly basis, according to official data published on Thursday. Exports of goods to the rest of the world fell 1.6% year on year to €248.3bn. Imports fell 1% to €232bn.

The surplus increase from October's €8.6bn was mainly due to an increase in the surplus for chemicals and related products to €23.4 bn from €20.7 bn and a shift in the balance for other manufactured goods €1.9 bn from -€1.2 bn.