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EU trade gap at $12.2 billion in February

BRUSSELS, April 16 (UPI) -- The 27-member European Union posted a trade deficit of $12.2 billion in February, Eurostat said Monday.

The deficit was down from the $13.7 billion trade gap posted in February 2011.

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While the larger EU posted a loss, the 17-member eurozone, designated by countries that share the euro as currency, posted a surplus of $3.6 billion for the month.

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