Trade deficit up to EUR 8.8bn in nine months

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The trade deficit has increased by almost EUR 1.96 billion in the first nine months of 2017, up to an overall deficit of EUR 8.8 billion.

During January 1 – September 30, 2017, the FOB exports amounted to EUR 46.597 billion and the CIF imports to EUR 55.485 billion.

In September 2017, FOB exports reached EUR 5.558 billion and the CIF imports EUR 6.576 billion, resulting in a deficit of EUR 1.018 billion. As compared to September 2016, exports in September 2017 were by 6% higher and imports by 9.2%.

The value of intra-EU 28 trade in the first nine months of this year was of EUR 35.365 billion for shipments and EUR 42.108 billion for imports, representing 75.9% of both total exports and total imports.

The value of extra-EU trade amounted to EUR 11.232 billion for exports and EUR 13.376 billion for imports, accounting for 24.1% of both total exports and total imports.

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