Euro Area Balance of Trade 1999-2018 | Data | Chart | Calendar | Forecast

The Euro Area recorded a EUR 3.3 billion trade surplus in January of 2018, switching from a EUR 1.4 billion deficit a year earlier. It compares with market expectations of a EUR 22.6 billion surplus. Exports rose 9.1 percent and imports went up at a slower 6.3 percent. Balance of Trade in the Euro Area averaged 5458.36 EUR Million from 1999 until 2018, reaching an all time high of 30076.20 EUR Million in July of 2015 and a record low of -16510.20 EUR Million in January of 2011.

Euro Area Balance of Trade
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Eurozone Trade Balance Back to Surplus in January


The Euro Area recorded a EUR 3.3 billion trade surplus in January of 2018, switching from a EUR 1.4 billion deficit a year earlier. It compares with market expectations of a EUR 22.6 billion surplus. Exports rose 9.1 percent and imports went up at a slower 6.3 percent.

Exports increased 9.1 percent year-on-year to EUR 178.6 billion and imports went up 6.3 percent to EUR 175.4 billion. Intra-euro area trade rose 8.8 percent year-on-year to EUR 159.8 billion.

Considering the European Union, exports increased 6.5 percent from a year earlier to EUR 150.5 billion and imports added 7.6 percent to EUR 170.8 billion, thus resulting in a EUR 20.3 billion deficit, wider than a EUR 17.4 billion gap a year earlier. Intra-EU28 trade rose 9 percent to EUR 288.2 billion.

Sales rose for machinery and vehicles (6.7 percent); other manufactured goods (10.5 percent); chemicals (16.7 percent); and food and drinks (3.3 percent) and were flat for raw materials and energy. Shipments went up to the US (5.3 percent), China (14.3 percent), Turkey (28.8 percent) and Russia (3.3 percent) but fell to Switzerland (-13.4 percent).

Imports went up for machinery and vehicles (9 percent); other manufactured goods (7.9 percent); energy (8.5 percent) and raw materials (4.5 percent) but declined for food and drinks (-1 percent) and stalled for chemicals. Main purchases came from China (sales up 9.3 percent), the US (sales up 4.9 percent) and Russia (sales were flat).


Eurostat | Joana Taborda |
3/19/2018 10:26:23 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-01-15 10:00 AM Balance of Trade €26.3B €18.9B €22.4B €23.2B
2018-02-15 10:00 AM Balance of Trade €25.4B €26.3B €30.2B €28.1B
2018-03-19 10:00 AM Balance of Trade €3.3B €25.4B €22.6B €-3.2B
2018-04-13 09:00 AM Balance of Trade €3.3B €18.5B
2018-05-17 09:00 AM Balance of Trade €31.0B
2018-06-15 09:00 AM Balance of Trade €19.2B


Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 3266.70 24936.50 30076.20 -16510.20 EUR Million [+]
Exports 178638.10 180659.90 205447.60 53045.90 EUR Million [+]
Imports 175371.40 155723.40 176764.80 55698.40 EUR Million [+]
Current Account 12.83 46.82 55.50 -28.62 EUR Billion [+]
Current Account to GDP 3.50 3.40 3.50 -1.50 percent [+]
External Debt 13700905.11 13888577.58 14242703.75 5501622.07 EUR Million [+]
Capital Flows 10.43 47.11 85.30 -70.94 EUR Billion [+]
Gold Reserves 504.77 504.77 766.88 501.45 Tonnes [+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category



Euro Area Balance of Trade

Euro Area runs regular trade surpluses primarily due to its high export of manufactured goods such as machinery and vehicles. Euro area is a net importer of energy and raw materials. Germany, Italy, France and Netherlands account for the largest share of total trade. Main trading partners are the United Kingdom (12 percent of total exports and 10 percent of imports) and the United States (13 percent of exports and 6 percent of imports). This page provides the latest reported value for - Euro Area Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3266.70 24936.50 30076.20 -16510.20 1999 - 2018 EUR Million Monthly
NSA




balance of trade by Country
Country Last
Australia 1055.00 Jan/18
Brazil 4907.08 Feb/18
Canada -1910.00 Jan/18
China 337.40 Feb/18
Euro Area 3266.70 Jan/18
France -5560.00 Jan/18
Germany 17400.00 Jan/18
India -11979.21 Feb/18
Indonesia -116.00 Feb/18
Italy -87.35 Jan/18
Japan 3.41 Feb/18
Mexico -4408.00 Jan/18
Netherlands 3428.00 Jan/18
Russia 16991.00 Jan/18
South Korea 3300.00 Feb/18
Spain -3935000.00 Jan/18
Switzerland 3215.34 Feb/18
Turkey -9067.11 Jan/18
United Kingdom -3074.00 Jan/18
United States -56601.00 Jan/18


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