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Euro area international trade in goods surplus €25.3 billion

Staff Writer | September 16, 2016
The first estimate for euro area (EA19) exports of goods to the rest of the world in July 2016 was €167.2 billion, a decrease of 10% compared with July 2015 (€185.4 bn).
Euro area international trade
Europe   A decrease of 10% compared with July
Imports from the rest of the world stood at €142 bn, a fall of 8% compared with July 2015 (€154.4 bn).

As a result, the euro area recorded a €25.3 bn surplus in trade in goods with the rest of the world in July 2016, compared with +€31.1 bn in July 2015. Intra-euro area trade fell to €137.3 bn in July 2016, down by 7% compared with July 2015.

In January to July 2016, euro area exports of goods to the rest of the world stood at €1 173.9 bn (a decrease of 2% compared with January-July 2015) and imports at €1 013.3 bn (a decrease of 4% compared with January-July 2015). As a result, the euro area recorded a surplus of €160.6 bn, compared with +€140.9 bn in January-July 2015.

Intra-euro area trade fell to €994.2 bn in January-July 2016, down by 1% compared with January-July 2015.

The first estimate for extra-EU28 exports of goods in July 2016 was €142.0 billion, down by 13% compared with July 2015 (€162.3 bn).

Imports from the rest of the world stood at €138.2 bn, down by 8% compared with July 2015 (€149.6 bn). As a result, the EU28 recorded a €3.8 bn surplus in trade in goods with the rest of the world in July 2016, compared with +€12.7 bn in July 2015. Intra-EU28 trade fell to €245.8 bn in July 2016, -7% compared with July 2015.

In January to July 2016, extra-EU28 exports of goods stood at €993.2 bn (a decrease of 5% compared with January-July 2015) and imports at €972.4 bn (also a decrease of 5% compared with January-July 2015).

As a result, the EU28 recorded a surplus of €20.7 bn, compared with +€31.0 bn in January-July 2015. Intra-EU28 trade remained nearly stable at €1 803.9 bn in January-July 2016.


 

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