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المشهد العربي
EU reports first trade deficit of 2023
The European Union recorded its first trade deficit since the second quarter of 2023, amounting to 21.8 billion euros in the second quarter of 2026, compared to the previous surplus of 6.7 billion euros. This was due to a rise in energy imports, especially oil and gas, which increased by 63.4 billion euros, surpassing the growth in exports, which amounted to 34.9 billion euros and mainly focused on chemical and food products. This shift reflects the impact of rising energy prices on European trade and the increasing pressure on the trade balance.
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