Trade balance deficit up 15.6pct in first seven months

The trade balance deficit in the first seven months this year amounted to EUR 18.039 billion, EUR 2.435 billion (+15.6%) higher than in the similar period of 2023, according to statistics the National Institute of Statistics (INS) released on Monday.Between January 1 and July 31, 2024, FOB exports totaled EUR 54.586 billion and CIF imports amounted to EUR 72.625 billion. Compared with the similar period in 2023, exports dropped 0.9% and imports rose ...

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