Sunday, April 5, 2026
News

Euro 52.7 goods trade surplus in Q2'23: EU

SocialTwist Tell-a-Friend    Print this Page   COMMENT

Europe | October 8, 2023 7:15:58 AM IST
Brussels [Belgium], October 8 (ANI/WAM): In the second quarter of 2023 (Q2'23), the European Union (EU) seasonally adjusted current account of the balance of payments recorded a surplus of Euro 73.0 billion (+1.7 per cent of GDP), compared with a surplus of EUR60.6 billion (+1.5 per cent of GDP) in Q1'23 and a deficit of Euro 32.6 billion (-0.8 per cent of GDP) in Q2'22, according to estimates released by Eurostat, the EU statistical office.

In the second quarter of 2023 compared with the first quarter of 2023, based on seasonally adjusted data, the surplus of the goods account increased (+Euro 52.7 bn compared to +Euro 41.4 bn), while the surplus of the services account decreased (+Euro 33.7 bn compared to +Euro 39.9 bn). The surplus of the primary income account increased (+Euro 6.9 bn compared to +Euro 1.9 bn) and the deficit of the secondary income account decreased (-Euro 20.3 bn compared to -Euro 22.6 bn). During the same period, the deficit of the capital account decreased (-Euro 6.8 bn compared to -Euro 9.7 bn). (ANI/WAM)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
Iranian tribesmen reportedly fire at US ...
Severe rain, hailstorms ravage mature wh...
US Senator Lindsey Graham backs Trump's ...
Tehran targets US military facilities in...
Pakistan: Transport, freight fares skyro...
Drone attack triggers fire at Kuwait's S...
More...
 
INDIA WORLD ASIA
'Big mass change in Kerala': Karnataka D...
'LDF is going to win': CPI(M) leader Tho...
'Light diesel oil, bitumen shortage will...
Railways approves Rs 398 cr Optical Fibr...
'TMC orchestrated Malda incident, attack...
Indian Railways registers strong FY26 gr...
More...    
 
 Top Stories
IDF strikes over 200 Iranian target... 
Drone attack triggers fire at Kuwai... 
Pakistan: Transport, freight fares ... 
"Opposition should not back down, m... 
BJP's strong pro-incumbency wave in... 
Kullu: Four killed,18 rescued as ve... 
MP: Several feared trapped after fo... 
Pope Leo XIV urges world to resist ...