Euro Area
The first estimate for euro area (EA19) exports of goods to the rest of the world in January 2018 was EUR 178.6 billion, an increase of 9.1 % compared with January 2017 (EUR 163.7 billion). Imports from the rest of the world stood at EUR 175.4 billion, a rise of 6.3 % compared with January 2017 (EUR 165.0 billion). As a result, the euro area recorded a EUR 3.3 billion surplus in trade in goods with the rest of the world in January 2018, compared with a deficit of EUR 1.4 billion in January 2017. Intra-euro area trade rose to EUR 159.8 billion in January 2018, up by 8.8 % compared with January 2017.
In 2017, euro area exports of goods to the rest of the world rose to EUR 2 194.0 billion (an increase of 7.1 % compared with 2016), while imports rose to EUR 1 958.0 billion (an increase of 9.8 % compared with 2016). As a result the euro area recorded a surplus of EUR 236.0 billion, compared with +EUR 265.3 billion in 2016. Intra-euro area trade rose to EUR 1 844.1 billion in 2017, up by 7.6 % compared with 2016.
European Union
The first estimate for extra-EU28 exports of goods in January 2018 was EUR 150.5 billion, up by 6.5% compared with January 2017 (EUR 141.3 billion). Imports from the rest of the world stood at EUR 170.8 billion, up by 7.6 % compared with January 2017 (EUR 158.7 billion ). As a result, the EU28 recorded a EUR 20.3 Billion deficit in trade in goods with the rest of the world in January 2018, compared with -EUR 17.4 billion in January 2017. Intra-EU28 trade rose to EUR 288.2 billion in January 2018, +9 % compared with January 2017.
In 2017, extra-EU28 exports of goods rose to EUR 1 878.8 billion (an increase of 7.7 % compared with 2016), while imports rose to EUR 1 855.9 Billion (an increase of 8.4 % compared with 2016). As a result, the EU28 recorded a surplus of EUR 22.9 billion, compared with +EUR 32.1 billion in 2016. Intra-EU28 trade rose to EUR 3 347.3 billion in 2017, +7.4 % compared with 2016.
Seasonallly adjusted data
In January 2018 compared with December 2017, euro area seasonally adjusted exports decreased by 0.7%, while imports increased by 1.1%. The seasonally adjusted balance was +EUR 19.9 billion , a fall compared with December (+EUR 23.2 billion ).
In January 2018 compared with December 2017, EU28 seasonally adjusted exports fell by 1.0 %, while imports rose by 3.2 %. The seasonally adjusted balance was -EUR 1.0 billionn, a fall compared with December (+EUR 5.7 billion).
