The euro area trade balance shifted to a deficit in April due to the surge in imports, according to official data released Monday.
The trade balance showed a shortfall of EUR 1.0 billion compared to a surplus of EUR 4.9 billion in March. In the same period last year, the trade surplus totaled EUR 8.7 billion. The decline was primarily driven by an increase of the energy deficit and by a reduced surplus in the machinery and vehicles product group, Eurostat reported. Exports of goods rebounded 5.0 percent in April, in contrast to the 5.1 percent fall in March. At the same time, growth in imports accelerated to 9.3 percent from 5.9 percent a month ago.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.