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

Euro Area recorded a trade surplus of 24941.50 EUR Million in April of 2015. Balance of Trade in the Euro Area averaged 3031.84 EUR Million from 1999 until 2015, reaching an all time high of 24941.50 EUR Million in April of 2015 and a record low of -16748.10 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
24941.50 22974.80 24941.50 -16748.10 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). Content for - Euro Area Balance of Trade - was last refreshed on Sunday, July 5, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 €24.9B €22.9B (R) € 20.6B
2015-07-16 10:00 AM May €24.9B € 20.8B
2015-08-17 10:00 AM Jun € 19.2B
2015-09-15 10:00 AM Jul € 22.7B


Euro Area Trade Surplus at Record High


The trade surplus in the Eurozone increased to €24.9 billion in April of 2015 from a € 14.9 billion surplus a year earlier. It is the highest surplus on record, due to a 9 percent surge in exports.

Euro Area exports rose 9 percent year-on-year to €173.6 billion while imports increased 3 percent to €148.7 billion. Intra-euro area trade rose to €141.0 billion, up 2 percent compared with April of 2014.

Considering January to April 2015, sales increased 6 percent while imports rose 1 percent over a year earlier. As a result, the Euro Area recorded a surplus of €77.1 billion, compared with +€45.5 billion in January-April 2014. 

European Union exports went up 12 percent year-on-year in April to €155.4 billion and imports rose 4 percent to €143.2 billion. As a result, the EU28 recorded a €12.2 billion surplus.

In the first four months of the year, exports went up 6 percent while imports rose 3 percent, thus swinging the trade balance to a €15.1 billion surplus from a €5.0 billion deficit a year earlier. 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
6/15/2015 10:21:30 AM


Recent Releases

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.
Published on 2015-05-19

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 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 Trade Last Previous Highest Lowest Unit
Balance of Trade 24941.50 22974.80 24941.50 -16748.10 EUR Million [+]
Exports 173646.00 182314.00 182314.00 53045.90 EUR Million [+]
Imports 148705.00 159339.00 161445.00 55698.40 EUR Million [+]
Current Account 20.41 24.42 35.69 -30.73 EUR Billion [+]
Current Account to GDP 2.10 1.90 2.10 -1.60 percent [+]
External Debt 12093086.83 12062854.00 12096481.11 5501622.07 EUR Million [+]
Capital Flows -16.99 -0.34 110.25 -107.58 EUR Billion [+]
Gold Reserves 504.77 503.19 766.88 501.45 Tonnes [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -2974.00 Apr/15 -3853.00 8524.80 -3853.00 CAD Million [+]
China 594.88 May/15 341.34 606.19 -319.71 USD Hundred Million [+]
Euro Area 24941.50 Apr/15 22974.80 24941.50 -16748.10 EUR Million [+]
France -3008.00 Apr/15 -4410.00 2674.00 -7086.00 EUR Million [+]
Germany 22100.00 Apr/15 23100.00 23500.00 -535.91 EUR Million [+]
India -10406.20 May/15 -10990.00 258.90 -20210.90 USD Million [+]
Indonesia 955.00 May/15 477.40 4641.92 -2329.13 USD Million [+]
Italy 3736.00 Apr/15 4011.00 6923.00 -6389.30 EUR Million [+]
Japan -216.00 May/15 -53.44 1608.67 -2795.04 JPY Billion [+]
Mexico -1017.00 May/15 -85.30 1710.25 -3292.30 USD Million [+]
Netherlands 5017.00 Apr/15 5440.00 6329.20 -907.60 EUR Million [+]
Russia 17142.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -2253100.00 Apr/15 -890600.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3433.00 May/15 2658.00 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -1202.00 Apr/15 -3093.00 2946.00 -5397.00 GBP Million [+]
United States -40879.00 Apr/15 -50566.00 1946.00 -67823.00 USD Million [+]