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EU posts first goods trade deficit since 2023 as energy imports surge EU posts first goods trade deficit since 2023 as energy imports surge

EU posts first goods trade deficit since 2023 as energy imports surge

BRUSSELS, 25th August, 2026 (WAM) -- The EU has registered a trade deficit in goods for the first time in three years, as soaring energy imports outpaced an increase in the bloc's exports.Eurostat, Brussels' official statistics office, reported on Tuesday that the EU recorded a deficit of EUR 21.8 billion in the second quarter of this year, down from a surplus of EUR 6.7 billion in the first quarter , the first deficit since the second quarter of 2023.The decline was largely driven by rising oil and gas imports. The EU's trade deficit for energy grew from EUR 71.3 billion... [Continue Reading]

Breaking-360LiveNews Breaking-360LiveNews | 25 Aug 2026 16:30 LONDON
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