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InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.

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Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

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InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

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2020.07.1609:18:00UTC+00Eurozone Trade Surplus Increases In May

The euro area trade surplus increased sharply in May as the relaxation of coronavirus containment measures boosted both exports and imports, data from Eurostat revealed Thursday.

The trade surplus rose to a seasonally adjusted EUR 8 billion from EUR 1.6 billion in April.

Exports increased 7.9 percent month-on-month in May and imports grew 3.2 percent. Nonetheless, the measures taken to curb the spread of the virus had a significant impact on trade in goods.

On a yearly basis, exports declined 29.5 percent and imports were down 26.7 percent in May.

Consequently, the trade surplus declined to EUR 9.4 billion from EUR 20.7 billion in the same period last year.

During January to May, euro area exports of goods to the rest of the world fell 13.1 percent from last year, and imports decreased 13.1 percent. As a result, the euro area recorded a surplus of EUR 66.1 billion compared with EUR 76.5 billion surplus last year.

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