Euro Area Balance of Trade 1999-2015 | Data | Chart | Calendar | Forecast

Euro Area recorded a trade surplus of 23372.90 EUR Million in March of 2015. Balance of Trade in the Euro Area averaged 3139.50 EUR Million from 1999 until 2015, reaching an all time high of 24009.80 EUR Million in December of 2014 and a record low of -16638 EUR Million in January of 2011. Balance of Trade in the Euro Area is reported by the Eurostat.

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Euro Area Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
23372.90 20300.00 24009.80 -16638.00 1999 - 2015 EUR Million Monthly
NSA
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 - Euro Area Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Euro Area Balance of Trade - was last refreshed on Wednesday, May 27, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-18 10:00 AM Jan € 7.9B € 23.9B (R) € 15.0B € 13.1B
2015-04-15 10:00 AM Feb €20.3B € 7.6B (R) € 21.1B € 17.6B
2015-05-19 10:00 AM Mar €23.4B €20.3B €22.3B € 15.7B
2015-06-15 10:00 AM Apr €23.4B € 14.9B
2015-07-16 10:00 AM May € 14.2B
2015-08-17 10:00 AM Jun € 14.9B


Euro Area Trade Surplus Widens in March


The Eurozone trade surplus increased to € 23.4 billion in March of 2015 from a € 16.1 billion surplus a year earlier, as exports of goods were up 11 percent and imports grew at a slower 7 percent.

Euro Area exports reached € 182.4 billion and imports stood at € 159.1 billion. Intra-euro area trade rose 5 percent year-on-year.

Considering the first three months of 2015, exports of goods rose to € 491.2 billion (+5 percent over a year earlier), while imports remained nearly stable at €438.6 billion.

In the European Union, exports were recorded at €162.5 billion in March, up 14 percent year-on-year. Imports stood at €151.7 billion, up 9 percent, thus resulting in a € 10.7 billion trade surplus. 

In the first three months of 2015, EU exports rose to € 427.4 billion (+5 percent compared to January-March 2014) while imports increased to 423.6 billion (+2 percent over a year earlier).

While shipments of manufactured goods rose 8 percent, boosted by chemicals, machinery and vehicles products; primary goods sales fell 9 percent, driven by a 28 percent fall in the energy sector. Exports to United States and South Korea recorded the highest increase (+21 percent and +20 percent, respectively) while sales to Russia decreased the most (-34 percent).

Among imports, purchases of manufactured goods expanded 16 percent, while acquisition of primary goods fell 21 percent due to lower demand in the energy market. As a result, imports from Canada, China and United States grew 31 percent, 25 percent and 21 percent, respectively. At the same time imports from Russia (-31 percent) and Norway (-20 percent) contracted the most. 

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/19/2015 2:25:51 PM


Recent Releases

Euro Area Trade Surplus Widens in February
The Eurozone trade surplus increased to € 20.3 billion in February of 2015 from a revised € 7.6 billion in January and a € 14.4 billion surplus a year earlier. Exports rose 4 percent year-on-year helped by a weak Euro while imports were flat. Published on 2015-04-15

Euro Area Trade Surplus Widens in January
The trade surplus in Eurozone increased to €7.9 billion in the first month of 2015 from a €0.83 billion surplus a year earlier. While exports showed no growth, imports fell 6 percent. Published on 2015-03-18


Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 23372.90 20300.00 24009.80 -16638.00 EUR Million [+]
Exports 182436.60 160749.00 182436.60 53086.80 EUR Million [+]
Imports 159063.80 140477.80 161018.00 55641.60 EUR Million [+]
Current Account 24.90 14.70 35.20 -26.95 EUR Billion [+]
Current Account to GDP 2.40 1.40 2.40 -1.50 percent [+]
External Debt 12093086.83 12062854.00 12096481.11 5501622.07 EUR Million [+]
Capital Flows -3.30 17.80 110.25 -107.58 EUR Billion [+]
Gold Reserves 503.19 503.19 766.88 501.45 Tonnes [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1322.00 Mar/15 -1609.00 2254.00 -3877.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -3019.00 Mar/15 -2215.00 8524.80 -3019.00 CAD Million [+]
China 341.34 Apr/15 30.81 606.19 -319.71 USD Hundred Million [+]
Euro Area 23372.90 Mar/15 20300.00 24009.80 -16638.00 EUR Million [+]
France -4575.00 Mar/15 -3623.00 2674.00 -7086.00 EUR Million [+]
Germany 23000.00 Mar/15 19515.32 23500.00 -535.91 EUR Million [+]
India -10990.00 Apr/15 -11790.00 258.90 -20210.90 USD Million [+]
Indonesia 454.40 Apr/15 1025.60 4641.92 -2329.13 USD Million [+]
Italy 4060.39 Mar/15 3537.91 6923.00 -6389.30 EUR Million [+]
Japan -53.44 Apr/15 227.43 1608.67 -2795.04 JPY Billion [+]
Mexico -85.30 Apr/15 479.80 1710.25 -3292.30 USD Million [+]
Netherlands 5401.00 Mar/15 6329.20 6329.20 -907.60 EUR Million [+]
Russia 14981.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -890600.00 Mar/15 -2037200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -6153.67 Mar/15 -4655.64 24.51 -10453.06 USD Million [+]
United Kingdom -2817.00 Mar/15 -3318.00 2946.00 -5397.00 GBP Million [+]
United States -51367.00 Mar/15 -35892.00 1946.00 -67823.00 USD Million [+]