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Euro area international trade in goods surplus €1.3 bn

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Christian Fernsby ▼ | March 19, 2020
The first estimate for euro area (EA19) exports of goods to the rest of the world in January 2020 was €184.0 billion, an increase of 0.2% compared with January 2019 (€183.7 bn).
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Imports from the rest of the world stood at €182.7 bn, a fall of 0.2% compared with January 2019 (€183.0 bn).

Topics: Euro trade

Euro area

As a result, the euro area recorded a €1.3 bn surplus in trade in goods with the rest of the world in January 2020, compared with +€0.6 bn in January 2019.

Intra-euro area trade fell to €164.2 bn in January 2020, down by 1.6% compared with January 2019.

In January to December 2019, euro area exports of goods to the rest of the world rose to €2 345.8 bn (an increase of 2.8% compared with January-December 2018), and imports rose to €2 120.2 bn (an increase of 1.5% compared with January-December 2018).

As a result the euro area recorded a surplus of €225.5 bn, compared with +€194.7 bn in January-December 2018.

Intra-euro area trade rose to €1 967.1 bn in January-December 2019, up by 1.0% compared with January-December 2018.

European Union

The first estimate for extra-EU27 exports of goods in January 2020 was €166.5 billion, up by 0.4% compared with January 2019 (€165.8 bn).

Imports from the rest of the world stood at €169.0 bn, down by 0.2% compared with January 2019 (€169.3 bn).

As a result, the EU27 recorded a €2.6 bn deficit in trade in goods with the rest of

he world in January 2020, compared with -€3.4 bn in January 2019.

Intra-EU27 trade fell to €255.3 bn in January 2020, -0.9% compared with January 2019.

In January to December 2019, extra-EU27 exports of goods rose to €2 132.0 bn (an increase of 3.5% compared with January-December 2018), and imports rose to €1 934.9 bn (an increase of 1.4% compared with JanuaryDecember 2018).

As a result, the EU27 recorded a surplus of €197.1 bn, compared with +€152.3 bn in January-December 2018.

Intra-EU27 trade rose to €3 060.7 bn in January to December 2019, +1.5% compared with January to December 2018.

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 (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.


 

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