EU’s int’l trade increases

BRUSSELS, In January to March 2019, European Union (EU) exports of goods to the rest of the world rose to 483 billion euro (USD 541 billion) an increase of 3.1% compared with January-March 2018, and imports rose to 507 billion euro (USD 568 billion), an increase of 6.1% compared with January-March 2018.

Intra-EU trade rose to 914 billion euro (USD one trillion) in January-March 2019, an increase of 3.9% compared with January-March 2018.

These figures were released by Eurostat, the EU’s statistical agency, Thursday.

In January to March 2019, euro area exports of goods to the rest of the world rose to 575 billion euro (USD 644 billion), an increase of 3.9% compared with January-March 2018, and imports rose to 532 billion (USD 596 billion) euro an increase of 4.8% compared with January-March 2018.

Intra-euro area trade rose to 500 billion euro (USD 560 billion) in January-March 2019, up by 2.5% compared with January-March 2018.

19 of the 28 EU members are in the euro area.

Source: Kuwait News Agency