The EU’s foreign trade balance posted a €28 billion ($31 billion) deficit in the first 10 months of this year, the union’s statistical authority said on Tuesday.
The 28-member bloc’s exports of goods totaled €1.69 trillion ($1.89 trillion) in January-October with a year-on-year rise of 3.8%, Eurostat data showed.
Its imports from the rest of the world amounted to €1.72 trillion ($1.92 trillion), rising 4.4% during the same period.
The intra-EU28 trade went up 1.6% on an annual basis to nearly €3 trillion ($3.35 trillion) between January and October.
Turkey the EU’s number 5 trading partner
The U.S. was