Area dell'Euro Bilancia Commerciale

The Euro Area recorded a €16.4 billion trade gap in March, compared to a €22.5 billion surplus a year earlier. The deficit in energy trade almost tripled to €128.7 billion in the first three months of the year, as the war in Ukraine exacerbated an existing energy crisis in Europe, sending energy prices even higher. Imports soared 35.4% to a record high of €266.5 billion while exports increased at a softer 14% to €250.1 billion, also a record value. The European Union's trade deficit with Russia more than quadrupled to €45.2 billion in the first quarter and the trade gap with China, the biggest trading partner, almost doubled to €91.9 billion.