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

Euro Area recorded a trade surplus of 20300 EUR Million in February of 2015. Balance of Trade in the Euro Area averaged 3035.20 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
20300.00 7600.00 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 Saturday, April 18, 2015.


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.

Euro Area exports of goods reached € 160.7 billion and imports stood at € 140.5 billion. Intra-euro area trade rose 1 percent year-on-year.

Considering the first two months of 2015, exports rose 2 percent over a year earlier while imports shrank 3 percent.

In the European Union, exports were recorded at 138.2 billion in February, up 2 percent year-on-year. Imports stood at €134.8 billion, up 3 percent, thus resulting in a € 3.4 billion trade surplus. 

In the first two months of 2015, EU exports were flat while imports decreased 1 percent. Energy sales fell the most (-34 percent) while shipments of manufactured goods rose 5 percent. Exports to Russia recorded the highest decrease (-34 percent) but sales to the United States increased 18 percent.

Among imports, purchases of primary goods contracted 25 percent, due to a 34 percent drop in energy. As a result, imports from Russia (-36 percent) and Norway (-23 percent) contracted the most. 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
4/15/2015 10:34:38 AM


Recent Releases

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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
€20.3B € 7.6B (R) € 21.1B € 17.6B
2015-05-19 10:00 AM
Balance of Trade  Mar
€20.3B € 15.7B
2015-06-15 10:00 AM
Balance of Trade  Apr
€ 14.9B
2015-07-16 10:00 AM
Balance of Trade  May
€ 14.2B


Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 20300.00 7600.00 24009.80 -16638.00 EUR Million [+]
Exports 160749.00 148224.00 179730.00 53086.80 EUR Million [+]
Imports 140477.80 140280.60 161018.00 55641.60 EUR Million [+]
Current Account 13.80 8.30 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 -19.92 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 -1256.00 Feb/15 -1003.00 2251.00 -3884.00 AUD Million [+]
Brazil 458.00 Mar/15 -2841.76 5659.37 -4058.14 USD Million [+]
Canada -984.00 Feb/15 -1475.00 8524.80 -2902.90 CAD Million [+]
China 30.81 Mar/15 606.19 606.19 -319.71 USD Hundred Million [+]
Euro Area 20300.00 Feb/15 7600.00 24009.80 -16638.00 EUR Million [+]
France -3449.00 Feb/15 -3710.00 2674.00 -7086.00 EUR Million [+]
Germany 19174.00 Feb/15 15900.00 23500.00 -535.91 EUR Million [+]
India -11790.00 Mar/15 -6847.00 258.90 -20210.90 USD Million [+]
Indonesia 1131.60 Mar/15 662.70 4641.92 -2329.13 USD Million [+]
Italy 3537.91 Feb/15 232.00 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 6009.00 Feb/15 4657.10 6009.00 -907.60 EUR Million [+]
Russia 13600.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8380.51 Mar/15 7706.30 8380.51 -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 -4655.64 Feb/15 -4320.27 24.51 -10453.06 USD Million [+]
United Kingdom -2859.00 Feb/15 -1536.00 2946.00 -5397.00 GBP Million [+]
United States -35444.00 Feb/15 -42676.00 1946.00 -67823.00 USD Million [+]