Cyprus Mail5 Jun 2026

US remains top EU export market despite steep decline

The European Union imported €627.8 billion worth of goods from non-EU countries and exported €640.5 billion in the first quarter of 2026, according to Eurostat, with exports showing signs of weakening despite a rise in quarterly imports.

Compared with the previous quarter, EU imports increased by 1.7 per cent, while exports slipped by 0.1 per cent....

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