Euro Area
The first estimate for Euro Area (EA19) exports of goods to the rest of the world in February 2019 was EUR 183.3 billion, an increase of 4.4 % compared with February 2018 (EUR 175.6 billion). Imports from the rest of the world stood at EUR 165.4 billion, a rise of 4.0 % compared with February 2018 (EUR 159.0 billion). As a result, the euro area recorded a EUR 17.9 billion surplus in trade in goods with the rest of the world in February 2019, compared with + EUR 16.5 billion in February 2018. Intra-euro area trade rose to EUR 160.3 billion in February 2019, up by 3.4% compared with February 2018.
In January to February 2019, euro area exports of goods to the rest of the world rose to EUR 366.8 billion (an increase of 3.4 % compared with January-February 2018), and imports rose to EUR 347.0 billion (an increase of 3.6 % compared with January-February 2018). As a result the euro area recorded a surplus of EUR 19.8 billion, compared with +EUR 19.6 billion in January-February 2018. Intra-euro area trade rose to EUR 326.8 billion in January-February 2019, up by 3.5 % compared with January-February 2018.
European Union
The first estimate for extra-EU28 exports of goods in February 2019 was EUR 156.3 billion, up by 6.2 % compared with February 2018 (EUR 147.2 billion). Imports from the rest of the world stood at EUR 159.0 billion, up by 8.5 % compared with February 2018 (EUR 146.6 billion). As a result, the EU28 recorded a EUR 2.7 billion deficit in trade in goods with the rest of the world in February 2019, compared with a surplus of EUR 0.7 billion in February 2018. Intra-EU28 trade rose to EUR 290.6 billion in February 2019, +3.7 % compared with February 2018.
In January to February 2019, extra-EU28 exports of goods rose to EUR 309.8 billion (an increase of 4.1 % compared with January-February 2018), and imports rose to EUR 338.2 billion (an increase of 6.2 % compared with January-February 2018). As a result, the EU28 recorded a deficit of EUR 28.4 billion, compared with -EUR 20.7 billion in January-February 2018. Intra-EU28 trade rose to EUR 591.8 billion in January-February 2019, +3.6 % compared with January-February 2018.
Annex
In February 2019 compared with January 2019, euro area seasonally adjusted exports decreased by 1.4 %, while imports decreased by 2.7 %. The seasonally adjusted balance was +EUR 19.5 billion, an increase compared with January (+EUR 17.4 billion).
In February 2019 compared with January 2019, EU28 seasonally adjusted exports decreased by 0.2 %, while imports decreased by 2.3 %. The seasonally adjusted balance was -EUR 2.8 billion, an improvement compared with January (-EUR 6.5 billion).
