Brussels: The eurozone posted a £18.4 billion ($21.6 billion) foreign trade surplus in October, the region's statistical bureau Eurostat announced on Tuesday. This figure remained consistent with the surplus reported in September, as indicated by the latest data.

According to Anadolu Agency, the eurozone's exports to the rest of the world experienced a 1% increase on a year-on-year basis in October, reaching £258 billion. In contrast, imports to the region saw a decrease of 3.6%, totaling £239.6 billion. This balance of trade stability highlights the eurozone's consistent economic performance in the global market.

The European Union as a whole reported a foreign trade surplus of £14.7 billion. The United States continued to be the largest recipient of EU exports, although exports to the US declined by 14.7% annually, totaling £40.7 billion. Meanwhile, exports to China and the UK also experienced drops of 3.3% and 3%, respectively, with values of £16.7 billion and £30.5 billion.

China emerged as the largest importer to the EU in October, accounting for £49.2 billion, albeit a 4.4% decrease from the previous year. In contrast, imports from Trkiye showed a minor increase of 0.5%, reaching £9.3 billion.

The eurozone, or EA20, comprises member states that have adopted the euro as their currency, while the EU27 encompasses all member nations of the bloc.