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Euro area international trade in goods surplus €20.1bn

Staff Writer | December 17, 2016
The first estimate for euro area (EA19) exports of goods to the rest of the world in October 2016 was €172.5 billion.
Euro area international trade
Europe   A decrease of 5% compared with October 2015
This is a decrease of 5% compared with October 2015 (€180.8 bn). Imports from the rest of the world stood at €152.4 bn, a fall of 3% compared with October 2015 (€157.5 bn).

As a result, the euro area recorded a €20.1 bn surplus in trade in goods with the rest of the world in October 2016, compared with +€23.2 bn in October 2015.

Intra-euro area trade fell to €144.7 bn in October 2016, down by 3% compared with October 2015.

In January to October 2016, euro area exports of goods to the rest of the world stood at €1 684.7 bn (a decrease of 1% compared with January-October 2015) and imports at €1 460.9 bn (a decrease of 3% compared with January-October 2015).

As a result the euro area recorded a surplus of €223.8 bn, compared with +€191.4 bn in January-October 2015. Intra-euro area trade remained stable at €1 413.3 bn in January-October 2016 compared with January-October 2015.

The first estimate for extra-EU28 exports of goods in October 2016 was €146.5 billion, down by 5% compared with October 2015 (€154.0 bn). Imports from the rest of the world stood at €143.8 bn, also down by 5% compared with October 2015 (€151.0 bn).

As a result, the EU28 recorded a €2.7 bn surplus in trade in goods with the rest of the world in October 2016, compared with +€2.9 bn in October 2015. Intra-EU28 trade fell to €262.8 bn in October 2016, -4% compared with October 2015.

In January to October 2016, extra-EU28 exports of goods stood at €1 424.1 bn (a decrease of 4% compared with January-October 2015) and imports at €1 409.7 bn (a decrease of 3% compared with January-October 2015).

As a result, the EU28 recorded a surplus of €14.4 bn, compared with +€33.6 bn in January-October 2015. Intra-EU28 trade remained stable at €2 574.5 bn in January-October 2016 compared with January-October 2015.


 

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