Exports Improved in June

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The volume of exports of goods increased by 1.7 percent in June. Improvement in exports was slightly better than in May with 1.4 percent. Exports fell by 1.8 percent in April compared with the same period in 2012. 

The main office of the Port of Rotterdam
Photo by Bair175/Wikimedia Commons

The number of import, meanwhile, went up by 0.9 percent in June following the shrink in April and May.

Price of exported goods summed €35.3 billion. Imported goods’ worth was reduced by 1.6 percent to €31.8 billion, causing a trade surplus of €3.5 billion.

The value of imports and exports of machinery and transport equipment and manufactured products dropped significantly compared to the earlier period in 2012. The value of exports to countries outside Europe also reduced considerably while the value of exports to European countries improved.

Both import and export prices were rather steady compared with the previous year. Export values were continuously unaffected, but import prices increased by 0.2 percent. Consequently, trading terms fairly declined.

Source: 4-traders