Eurozone exports of goods rose 11.0% yoy to EUR 222.9B in January. Imports rose 9.7% yoy to EUR 253.5B. Trade deficit came in at EUR -30.6B. Intra-eurozone trade rose 11.6% yoy to EUR 223.8B.
In seasonally adjusted term, exports fell -1.1% mom to EUR 241.5B. Imports declined -1.8% mom to EUR 252.9B. Trade deficit narrowed slightly from EUR -13.4B to EUR -11.3B, smaller than expectation of EUR -17.3B. Intra-eurozone trade dropped from 239.1B to EUR 229.2B.
