FXstreet.com (Barcelona) - Euro Zone's trade deficit has widened considerably in the Euro Zone in January, as the Euro strength seems to be an obstacle for European exporters, according to data released by Eurostat.

In January, the deficit in goods and services trade has increased to 10.7 billion, up from the 7.3 trade gap posted in January last year, and up from the 4.1 billion euro deficit in December, revised up from the 4.2 million deficit previously reported.

Exports have risen 11% on the year, while imports increased 13%. Trade within the Euro Zone has grown 6% on the year.