The first estimate for euro area exports of goods to the rest of the world in February 2022 was €215.8 billion, an increase of 17.0% compared with February 2021 (€184.5 bn). Imports from the rest of the world stood at €223.4 bn, a rise of 38.8% compared with February 2021 (€161.0 bn), driven again, in particular, by a further increase in energy imports. As a result, the euro area recorded a €7.6 bn deficit in trade in goods with the rest of the world in February 2022, compared with a surplus of €23.6 bn in February 2021. Intra-euro area trade rose to €202.5 bn in February 2022, up by 25.6% compared with February ... (full story)