FXstreet.com (Barcelona) - The trade surplus of the counties belonging to the Euro Area has risen considerably in October, reaching levels almost three times the surplus of October 2006, according to figures released by Eurostat, the European Statistics Office.
Euro Zone's trade surplus has risen to 6.1 billion euro in October from 2.4 billion in October 2006 and from revised 3.9 billion in September this year, which has been revised from the initially estimated 3.1 billion surplus. In adjusted terms, trade surplus has increased by 4.0% from 3.6% in September.
Exports from the Euro Area have increased 2.3% in October from September, while imports increased 2.0% in the same period.
The EU-27 countries have posted a 14.2 billion Euro deficit, slightly below the 14.9 billion deficit in October 2006.