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

Euro Area recorded a trade surplus of 7943.60 EUR Million in January of 2015. Balance of Trade in the Euro Area averaged 2947.53 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.

      Forecast    
Euro Area Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
7943.60 24009.80 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 Saturday, March 28, 2015.


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.

Year-on-year, exports were flat at €148.2 billion while imports shrank 6 percent to €140.3 billion. Intra-euro area trade fell to €130.5 billion, down 5 percent compared with January 2014.

On a monthly basis, non-seasonally adjusted sales went down 8.7 percent in January while imports increased 1.33 percent.

From January to December 2014, exports of goods to the rest of the world rose 2 percent year-on-year to €1943.5 billion, while imports remained nearly stable at €1750.6 billion. As a result, the Euro Area recorded a surplus of €192.9 billion, compared with +€151.9 billion in January-December 2013. Intra-euro area trade rose 1 percent to €1642.3 billion. 

In January of 2015, the European Union recorded a €10.6 billion trade deficit, compared with a €4.6 billion gap a year earlier, as shipments went down 2 percent and imports decreased 5 percent. 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
3/18/2015 12:13:29 PM


Recent Releases

Euro Area Trade Surplus Hit Record High
The Eurozone recorded a €24.3 billion surplus in December of 2014, up from a revised € 21.2 billion in the previous month and a € 13.6 billion surplus a year earlier. It is the highest surplus on record due to a surge in exports. Published on 2015-02-16

Euro Area Reports €20 Billion Trade Surplus in November
The Eurozone recorded a €20 billion surplus in November of 2014, down from record high of €24 billion in previous month but up compared to €16.5 billion surplus a year earlier. Published on 2015-01-15


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-01-15 10:00 AM
Balance of Trade  Nov
€ 20B € 23.6B (R) € 19.7B
2015-02-16 10:00 AM
Balance of Trade  Dec
€ 24.3B € 21.2B (R) € 20.5B € 20.4B
2015-03-18 10:00 AM
Balance of Trade  Jan
€ 7.9B € 23.9B (R) € 15.0B € 13.1B
2015-04-15 10:00 AM
Balance of Trade  Feb
€ 7.9B € 17.6B
2015-05-19 10:00 AM
Balance of Trade  Mar
€ 15.7B
2015-06-15 10:00 AM
Balance of Trade  Apr
€ 14.9B


Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 7943.60 24009.80 24009.80 -16638.00 EUR Million [+]
Exports 148224.00 162444.00 179730.00 53086.80 EUR Million [+]
Imports 140280.60 138434.00 161018.00 55641.60 EUR Million [+]
Current Account 8.20 35.20 35.20 -26.95 EUR Billion [+]
Current Account to GDP 2.40 1.40 2.40 -1.50 percent [+]
External Debt 11959040.04 11638944.74 12096481.11 5501622.07 EUR Million [+]
Capital Flows -21.73 9.60 132.58 -38.59 EUR Billion [+]
Gold Reserves 503.19 503.19 766.88 501.45 Tonnes [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -980.00 Jan/15 -503.00 2219.00 -3897.00 AUD Million [+]
Brazil -2841.76 Feb/15 -3173.95 5659.37 -4058.14 USD Million [+]
Canada -2451.00 Jan/15 -1218.00 8524.80 -2902.90 CAD Million [+]
China 606.19 Feb/15 600.30 606.19 -319.71 USD Hundred Million [+]
Euro Area 7943.60 Jan/15 24009.80 24009.80 -16638.00 EUR Million [+]
France -3726.00 Jan/15 -3296.00 2674.00 -7086.00 EUR Million [+]
Germany 15900.00 Jan/15 18900.00 23400.00 -535.91 EUR Million [+]
India -6847.00 Feb/15 -8322.00 258.90 -20210.90 USD Million [+]
Indonesia 738.30 Feb/15 743.50 4641.92 -2329.13 USD Million [+]
Italy 219.00 Jan/15 5741.00 6923.00 -6389.30 EUR Million [+]
Japan -425.00 Feb/15 -1177.50 1608.67 -2795.04 JPY Billion [+]
Mexico 558.30 Feb/15 -3248.00 1710.25 -3292.30 USD Million [+]
Netherlands 5138.00 Jan/15 4891.20 5138.00 -907.60 EUR Million [+]
Russia 15047.00 Jan/15 12927.00 20356.00 -185.00 USD Million [+]
South Korea 7706.30 Feb/15 5362.32 7706.31 -4043.45 USD Million [+]
Spain -2596200.00 Jan/15 -1821800.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2472.61 Feb/15 3409.00 3894.91 -1478.68 CHF million [+]
Turkey -4305.31 Jan/15 -8505.55 24.51 -10453.06 USD Million [+]
United Kingdom -616.00 Jan/15 -2142.00 2946.00 -5397.00 GBP Million [+]
United States -41752.00 Jan/15 -45601.00 1946.00 -67823.00 USD Million [+]