Eurozone goods exports down -3.9% yoy, imports down -24.6% yoy

Eurozone goods exports dropped -3.9% yoy to EUR 221.6B in August. Goods imports fell -24.6% yoy to EUR 214.9B. Trade surplus came in at EUR 6.7B. Intra-Eurozone trade fell -13.2% yoy to EUR 189.3B.

In seasonally adjusted term, goods exports rose 1.6% mom to EUR 236.0B. Goods imports dropped -2.0% mom to EUR 223.1B. Trade surplus widened to EUR 11.9B, above expectation of EUR 5.4B. Intra-Eurozone trade fell from EUR 217.2B to 216.9B.

Full Eurozone trade balance release here.