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May 18, 2018EURO AREA CURRENT ACCOUNT, MARCH 2018 The European Central Bank reported today that the euro area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €32.0 billion in March 2018. There were surpluses in net goods trade (+€30.2 billion), net services trade (+€9.4 billion) and net primary income (+€3.9 billion) account that were partially offset by a deficit in net secondary income (-€11.5 billion) account.
In March 2018, Euro Area exports of goods and services increased to €268.3 billion, and imports of goods and services increased to €228.6 billion. With exports increasing more than imports, the net trade surplus increased to €39.7 billion.
Sources: European Central Bank: Press Release | Database
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