Euro area international trade in goods surplus €26.3 bn

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The FINANCIALEuro area

The first estimate for euro area (EA19) exports of goods to the rest of the world in November 2017 was €197.5 billion, an increase of 7.7% compared with November 2016 (€183.5 bn). Imports from the rest of the world stood at €171.2 bn, a rise of 7.3% compared with November 2016 (€159.6 bn). As a result, the euro area recorded a €26.3 bn surplus in trade in goods with the rest of the world in November 2017, compared with +€23.8 bn in November 2016. Intra-euro area trade rose to €165.5 bn in November 2017, up by 6.9% compared with November 2016.

In January to November 2017, euro area exports of goods of 7.5% compared with January-November 2016), and compared with January-November 2016). As a result the with +€237.7 bn in January-November 2016. Intra-euro 2017, up by 7.6% compared with January-November 2016.

European Union

The first estimate for extra-EU28 exports of goods in November 2017 was €167.2 billion, up by 6.8% compared with November 2016 (€156.6 bn). Imports from the rest of the world stood at €159.2 bn, up by 5.4% compared with November 2016 (€151.1 bn). As a result, the EU28 recorded a €8.0 bn surplus in trade in goods with the rest of the world in November 2017, compared with +€5.5 bn in November 2016. Intra-EU28 trade rose to €300.9 bn in November 2017, +6.9% compared with November 2016.

In January to November 2017, extra-EU28 exports of goods rose to €1 716.6 bn (an increase of 8.7% compared with January-November 2016), and imports rose to €1 704.5 bn (an increase of 8.7% compared with January- November 2016). As a result, the EU28 recorded a surplus of €12.1 bn, compared with +€11.3 bn in January- November 2016. Intra-EU28 trade rose to €3 082.2 bn in January-November 2017, +7.5% compared with January- November 2016.

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