16 Oct
Eurostat October 2018

Euro area international trade in goods surplus €11.7 bn (last figures by Eurostat)

The first estimate for euro area (EA19) exports of goods to the rest of the world in August 2018 was €181.5 billion, an increase of 5.6% compared with August 2017 (€171.9 bn). Imports from the rest of the world stood at €169.8 bn, a rise of 8.4% compared with August 2017 (€156.6 bn). As a result, the euro area recorded a €11.7 bn surplus in trade in goods with the rest of the world in August 2018, compared with +€15.3 bn in August 2017. Intra-euro area trade rose to €140.7 bn in August 2018, up by 5.1% compared with August 2017, according to the last figures released by Eurostat (11 October 2018).

January-August 2018

In January to August 2018, euro area exports of goods to the rest of the world rose to €1 501.1 bn (an increase of 4.3% compared with January-August 2017), while imports rose to €1 371.4 bn (an increase of 5.5% compared with January-August 2017). As a result the euro area recorded a surplus of €129.6 bn, compared with +€140.4 bn inJanuary-August 2017. Intra-euro area trade rose to €1 286.9 bn in January-August 2018, up by 6.2% compared with January-August 2017.

European Union

The first estimate for extra-EU28 exports of goods in August 2018 was €159.2 billion, up by 9.2% compared with August 2017 (€145.8 bn). Imports from the rest of the world stood at €167.6 bn, up by 10.3% compared with August 2017 (€151.9 bn). As a result, the EU28 recorded a €8.4 bn deficit in trade in goods with the rest of the world in August 2018, compared with -€6.1 bn in August 2017. Intra-EU28 trade rose to €262.9 bn in August 2018, +4.5% compared with August 2017.

In January to August 2018, extra-EU28 exports of goods rose to €1 286.6 bn (an increase of 4.2% compared with January-August 2017), while imports rose to €1 299.6 bn (an increase of 5.3% compared with January-August 2017). As a result, the EU28 recorded a deficit of €13.0 bn, compared with -€0.3 bn in January-August 2017. IntraEU28 trade rose to €2 323.0 bn in January-August 2018, +5.7% compared with January-August 2017.

Geographical information

The euro area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU28) includes Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.

Click here to access the full report by Eurostat.

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