European exports stagnate due to the region's economic weakness. Sales abroad in the Old Continent barely grow by 0.8% during 2023.
Without the effect of inflation they would have contracted. Imports in the EU as a whole fall by 5.5%, according to data published this Thursday by the OECD. In the last quarter of the year, the worst regional performance was led by France and the United Kingdom, where exports fell by 3.8 and 6.2%, respectively.