Foreign trade and import prices - February 2024

In February 2024 seasonally-adjusted data, compared to January 2024, increased for both exports (+3.8%) and imports (+5.1%). Exports increased by +0.3% for EU countries and by +7.5% for non-EU countries. Imports rose by +4.9% for EU countries and +5.5% for non-EU countries.

Over the last quarter, seasonally-adjusted data, compared to the previous one, was stationary for exports and decreased for imports (-4.8%).

In February 2024, compared with the same month of the previous year, exports increased by +1.7% and imports dropped by -6.1%. Outgoing flows increased both for EU countries (+0.6%) and non-EU countries (+2.8%). Incoming flows decreased decreased by -3.0% for EU area and dropped by -10.3% for non-EU area.

In February 2024, trade balance registered a surplus of +6,034 million Euros (-851 million Euros deficit for EU countries and +6,885 million Euros surplus for non-EU countries). Excluding energy, trade balance surplus was equal to +9,782 million Euros.

In February 2024, import prices decrease by 0.2% on monthly basis (+0.1% for the euro zone, -0.5% for the non-euro zone). Over the last three months, compared to the previous three months, import prices decrease by 1.5% (-0.5% for the euro zone, -2.5% for the non-euro zone).

Import prices, compared to the same month a year ago, decrease by 5.5% (-2.9% for the euro zone, -7.8% for the non-euro zone).