Euro Area International Trade In Goods Surplus Reaches €26.3bn

17th January 2018

Intra-euro area trade rose to €165.5bn in November 2017, up by 6.9 per cent compared with November 2016.

The first estimate for euro area (EA19) exports of goods to the rest of the world in November 2017 was €197.5bn, an increase of 7.7 per cent compared with November 2016 (€183.5bn), according to new figures released by Eurostat.

Imports from the rest of the world stood at €171.2bn, a rise of 7.3 per cent compared with November 2016 (€159.6bn). As a result, the euro area recorded a €26.3bn surplus in trade in goods with the rest of the world in November 2017, compared with +€23.8bn in November 2016.

Intra-euro area trade rose to €165.5bn in November 2017, up by 6.9 per cent compared with November 2016.

In January to November 2017, euro area exports of goods to the rest of the world rose to €2,009.7bn (an increase of 7.5 per cent compared with January-November 2016), and imports rose to €1,796.5bn (an increase of 10.1 per cent compared with January-November 2016). As a result, the euro area recorded a surplus of €213.1bn, compared with +€237.7bn in January-November 2016.

Intra-euro area trade rose to €1,696.1bn in January-November 2017, up by 7.6 per cent compared with January-November 2016.

The first estimate for extra-EU28 exports of goods in November 2017 was €167.2 billion, up by 6.8 per cent compared with November 2016 (€156.6bn). Imports from the rest of the world stood at €159.2bn, up by 5.4 per cent compared with November 2016 (€151.1 bn). As a result, the EU28 recorded a €8.0 bn surplus in trade in goods with the rest of the world in November 2017, compared with +€5.5 bn in November 2016. Intra-EU28 trade rose to €300.9 bn in November 2017, +6.9 per cent compared with November 2016.

In January to November 2017, extra-EU28 exports of goods rose to €1,716.6 bn (an increase of 8.7 per cent compared with January-November 2016), and imports rose to €1,704.5 bn (an increase of 8.7 per cent compared with January-November 2016). As a result, the EU28 recorded a surplus of €12.1 bn, compared with +€11.3 bn in January-November 2016. Intra-EU28 trade rose to €3,082.2bn in January-November 2017, +7.5 per cent compared with January-November 2016.


18th January 2018

Growth of tourism from China has risen more than that from other major economies such as the USA, Russia or Brazil.

16th January 2018

“We, here on the continent, haven’t had a change of heart. Our hearts are still open to you,” European Council President Donald Tusk said.