CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

June 2017: Euro area international trade in goods surplus €26.6 bn

The first estimate for euro area (EA19) exports of goods to the rest of the world in June 2017 was €187.2 billion, an increase of 3.9% compared with June 2016 (€180.2 bn).

Imports from the rest of the world stood at €160.7 bn, a rise of 6.2% compared with June 2016 (€151.3 bn).

As a result, the euro area recorded a €26.6 bn surplus in trade in goods with the rest of the world in June 2017, compared with +€28.9 bn in June 2016. Intra-euro area trade rose to €157.5 bn in June 2017, up by 3.5% compared with June 2016.

 

 

In January to June 2017, euro area exports of goods to the rest of the world rose to €1 087.1 bn (an increase of 7.9% compared with January-June 2016), while imports rose to €979.4 bn (an increase of 11.6% compared with January-June 2016).

As a result the euro area recorded a surplus of €107.7 bn, compared with +€129.3 bn in January-June 2016. Intra-euro area trade rose to €927.4 bn in January-June 2017, up by 7.5% compared with January-June 2016.

 

European Union

The first estimate for extra-EU28 exports of goods in June 2017 was €158.0 billion, up by 4.0% compared with June 2016 (€151.9 bn). Imports from the rest of the world stood at €150.9 bn, up by 3.9% compared with June 2016 (€145.2 bn). As a result, the EU28 recorded a €7.1 bn surplus in trade in goods with the rest of the world in June 2017, compared with +€6.7 bn in June 2016. Intra-EU28 trade rose to €286.2 bn in June 2017, +3.9% compared with June 2016.

In January to June 2017, extra-EU28 exports of goods rose to €931.1 bn (an increase of 9.6% compared with January-June 2016), while imports rose to €928.7 bn (an increase of 10.7% compared with January-June 2016). As a result, the EU28 recorded a surplus of €2.5 bn, compared with +€11.0 bn in January-June 2016. Intra-EU28 trade rose to €1 675.5 bn in January-June 2017, +7.0% compared with January-June 2016.

 

Further information:

Euro area international trade in goods June 2017

 

Source: Eurostat, http://ec.europa.eu/eurostat

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Posted in General Market News, Market Trends & Statistics

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