The EU’s foreign trade balance saw a €20.2 billion ($22.2 billion) surplus in January-February, the union’s statistical authority said on Monday. 

The 27-member bloc’s exports of goods totaled €337 billion ($370.7 billion) in the first two months of this year, up 0.7% year-on-year, Eurostat data showed.

Its imports from the rest of the world amounted to €316.8 billion ($348.5 billion), falling 1.6% during the same period.

The intra-EU27 trade rose 0.4% on an annual basis to nearly €510.2 billion ($561.2 billion) in January-February.

EU’s 6th largest trading partner 

The U.S. was the top market for EU exporters with €62.6

Read more: EU trade balance posts $22.2B surplus in Jan-Feb