EU foreign trade balance surplus at €7.6bn

The euro area trade in goods balance with the rest of the world in October 2014 gave a 24 billion euro surplus, compared with 16.5 billion euro in October 2013.
The EU trade in goods balance with the rest of the world in October 2014 balance was a 7.6 billion euro surplus, compared with 4.1 billion euro surplus in October 2013.
The highest increases in EU exports were registered with China (11% in January-September 2014 compared with January-September 2013), South Korea (10%) and the United States (6%), and for EU imports with South Korea (10%), China and Turkey (both 7%). The most notable decreases were recorded for EU exports to Switzerland (21%), Russia (12%), Turkey and Brazil (both 7%), and for imports from Russia (9%), Norway (8%) and Brazil (5%) from January-September 2014 compared with January-September 2013.
These figures were released by Eurostat, the EU's statistical office on Tuesday.
The EU deficit for energy decreased to 258.6 billion euro in January-September 2014 compared with a deficit of 284.4 billion euro in January-September 2013, it noted.