BRUSSELS: Belgium’s merchandise trade balance in June swung to a deficit from a surplus a year ago as exports declined and imports grew, preliminary data from the National Bank of Belgium showed Tuesday.
The trade balance revealed a deficit of EUR 0.3 billion versus EUR 0.4 billion surplus in the same month last year. In May, the trade surplus was EUR 1.1 billion.
Exports fell 0.1 percent year-on-year after 5.9 percent growth in the previous month. Imports grew 3 percent after remaining flat in May.
Shipments to the EU rose 0.1 percent and imports from the region increased 0.2 percent in June.
