Eurozone Exports Rise As Currency Declines

BRUSSELS (AP) -- The EU statistics agency says exports from the 16 nations that use the euro rose 18 percent in April from a year earlier, helped by the euro's sharp fall against the U.S. dollar and resurgent global trade.

Tuesday figures from Eurostat show that the eurozone sold some euro121.6 billion worth of goods in April, outweighing imports and allowing it to post a trade surplus of euro1.8 billion.

Euro exports to China soared 48 percent but sales to the zone's two biggest export markets, Britain and the United States were also up.

The 27-nation European Union as a whole saw exports grow 20 percent in April but it imported far more -- leading to a trade deficit of euro10.2 billion.