India, Feb. 17 -- The euro area trade surplus dropped slightly in December as the increase in imports exceeded the exports growth, data from Eurostat showed on Monday.
The trade surplus decreased to EUR 15.5 billion in December from EUR 16.0 billion in November.
Exports logged an increase of 3.1 percent from last year, in contrast to the 1.4 percent fall in November. At the same time, imports climbed 3.8 percent, reversing a 0.7 percent drop.
The product-wise data showed that the surplus on trade in chemical and related products declined the most, down to EUR 20.6 billion from EUR 23.0 billion a month ago. Meanwhile, machineries and vehicles trade saw the largest increase, rising to EUR 16.7 billion from EUR 13.0 billion.
Compared to th...