Eurozone posts February trade surplus: EU

BRUSSELS: The eurozone logged a trade surplus with the rest of the world of 2.8 billion euros ($3.6 billion) in February 2012, after a deficit of 7.9 billion euros in January, the European Union said on Monday.

Seasonally-adjusted exports from the currency area in February rose by 2.4 percent and imports by 3.5 percent compared to the previous month, the Eurostat data agency said.

One year earlier, the eurozone had registered a deficit of 2.8 billion euros.

Across the 27-state EU, which includes non-euro giant Britain and also Poland, the February trade deficit came in at 9.4 billion euros, down from 23.5 billion euros in January.

The figure for February 2011 was 10.5 billion euros.