Euro area international trade in September with goods surplus EUR 26.4 billion and EUR 3.1 billion surplus for EU28

Euro area

The first estimate for Euro Area (EA19) exports of goods to the rest of the world in September 2017 was EUR 187.1 billion, an increase of 5.6 % compared with September 2016 (EUR 177.2 billion). Imports from the rest of the world stood at

EUR 160.7 billion, a rise of 5.1 % compared with September 2016 (EUR 152.9 billion). As a result, the euro area recorded a EUR 26.4 billion surplus in trade in goods with the rest of the world in September 2017, compared with EUR +24.3 billion in September 2016. Intra-euro area trade rose to EUR 157.6 billion in September 2017, up by 4.9 % compared with September 2016.

These data are released by Eurostat, the statistical office of the European Union.

In January to September 2017, euro area exports of goods to the rest of the world stood at EUR 1 624.9 billion (an increase of 7.4 % compared with January-September 2016) and imports at EUR 1 454.5 billion (an increase of 10.4 % compared with January-September 2016). As a result, the euro area recorded a surplus of EUR 170.4 billion, compared with EUR +195.1 billion in January-September 2016. Intra-euro area trade rose to EUR 1 369.2 billion in January-September 2017, up by 7.4 % compared with January-September 2016.

 

European Union

The first estimate for extra-EU28 exports of goods in September 2017 was EUR 156.8 billion, up by 6.3 % compared with September 2016 (EUR 147.4 billion). Imports from the rest of the world stood at EUR 153.7 billion, up by 3.2 % compared with September 2016 (EUR 149.0 billion). As a result, the EU28 recorded a EUR 3.1 billion surplus in trade in goods with the rest of the world in September 2017, compared with a deficit of EUR 1.6 billion in September 2016. Intra-EU28 trade rose to EUR 287.8 billion in September 2017, +4.9 % compared with September 2016.

In January to September 2017, extra-EU28 exports of goods stood at EUR 1 390.3 billion (an increase of 9.0 % compared with January-September 2016) and imports at EUR 1 382.9 billion (an increase of 8.6 % compared with January- September 2016). As a result, the EU28 recorded a surplus of EUR 7.4 billion, compared with +EUR 3.1 billion in January- September 2016. Intra-EU28 trade rose to EUR 2 483.5 billion in January-September 2017, +7.0 % compared with January-September 2016.

This News Release is based on data available on November 13, 2017. These are provisional figures based on information provided by Member States. They are subject to frequent revision for up to two years after the month in question.

Seasonally adjusted data

In September 2017 compared with August 2017, Euro Area seasonally adjusted exports increased by 1.1 %, while imports decreased by 1.2 %. The seasonally adjusted balance was EUR +25.0 billion, an increase compared with August (EUR +21.0 billion).

In September 2017 compared with August 2017, EU28 seasonally adjusted exports rose by 2.5 % and imports by 1.0 %. The seasonally adjusted balance was EUR +3.1 billion, an increase compared with August (EUR +0.8 billion).

http://ec.europa.eu/eurostat