Euro Area October international trade in goods surplus EUR 18.9 billion, deficit EUR 0.3 billion for EU 28

The first estimate for euro area (EA19) exports of goods to the rest of the world in October 2017 was EUR 187.9 billion, an increase of 8.8 % compared with October 2016 (EUR 172.6 billion). Imports from the rest of the world stood at EUR 168.9 billion, a rise of 10.1 % compared with October 2016 (EUR 153.4 billion). As a result, the euro area recorded a EUR 18.9 billion surplus in trade in goods with the rest of the world in October 2017, compared with EUR +19.2 billion in October 2016. Intra-euro area trade rose to EUR 160.0 billion in October 2017, up by 9.7 % compared with October 2016.

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

In January to October 2017, euro area exports of goods to the rest of the world stood at EUR 1 812.6 billion (+7.5 % compared with January-October 2016) and imports at EUR1 624.7 billion (+10.4 % compared with January-October 2016). As a result the euro area recorded a surplus of EUR187.9 billion, compared with EUR +213.8 billion in January-October 2016. Intra-Euro Area trade rose to EUR 1529.3 billion in January-October 2017, up by 7.6 % compared with January-October 2016.

European Union

The first estimate for extra-EU28 exports of goods in October 2017 was EUR 159.4 billion, up by 8.6 % compared with October 2016 (EUR 146.8 billion). Imports from the rest of the world stood at EUR 159.6 billion, up by 10.6 % compared with October 2016 (EUR 144.4 billion). As a result, the EU28 recorded a EUR 0.3 billion deficit in trade in goods with the rest of the world in October 2017, compared with a surplus of EUR 2.4 billion in October 2016. Intra-EU28 trade rose to EUR 292.8 billion in October 2017, +10.7 % compared with October 2016.

 

In January to October 2017, extra-EU28 exports of goods stood at EUR 1549.7 billion (+8.9 % compared with January- October 2016) and imports at EUR1544.5 billion (+9.0 % compared with January-October 2016). As a result, the EU28 recorded a surplus of EUR 5.2 billion, compared with  EUR +5.3  billion in January-October 2016.  Intra-EU28 trade rose to EUR 2778.2 billion in January-October 2017, up by 7.5 % compared with January-October 2016.

http://ec.europa.eu/eurostat/