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Home Business

Euro area international trade in goods surplus €26.4 bn

The FINANCIAL by The FINANCIAL
August 17, 2015
in Business
Reading Time: 1 min read
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The FINANCIAL — The first estimate for euro area1 (EA19) exports of goods to the rest of the world in June 2015 was €182.7 billion, an increase of 12% compared with June 2014 (€162.7 bn). Imports from the rest of the world stood at €156.4 bn, a rise of 7% compared with June 2014 (€146.7 bn). As a result, the euro area recorded a €26.4 bn surplus in trade in goods with the rest of the world in June 2015, compared with +€16.0 in June 2014. Intra-euro area trade2 rose to €151.2 bn in June 2015, up by 10% compared with June 2014.

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In January to June 2015, euro area exports of goods to the rest of the world rose to €1011.7 bn (an increase of 6% compared with January-June 2014), while imports rose to €896.7 bn (an increase of 3% compared with January- June 2014). As a result the euro-area recorded a surplus of €115.0 bn, compared with a +€76.4 bn in January- June 2014. Intra-euro area trade rose to €850.7 bn in January-June 2015, up by 3% compared with January-June 2014.

European Union

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The first estimate for extra-EU281 exports of goods in June 2015 was €159.7 billion, up by 13% compared with June 2014 (€141.4 bn). Imports from the rest of the world stood at €149.3 bn, up by 7% compared with June 2014 (€139.4 bn). As a result, the EU28 recorded a €10.4 bn surplus in trade in goods with the rest of the world in June 2015, compared with +€2.0 in June 2014. Intra-EU28 trade2 rose to €271.3 bn in June 2015, +10% compared with June 2014.

In January to June 2015, extra-EU28 exports of goods rose to €887.9 bn (an increase of 7% compared with January-June 2014), while imports rose to €864.6 bn (an increase of 4% compared with January-June 2014). As a result, the EU28 recorded a surplus of €23.3 bn, compared with -€3.8 bn in January-June 2014. Intra-EU28 trade rose to €1532.9 bn in January-June 2015, +4% compared with January-June 2014.

 

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The FINANCIAL

The FINANCIAL

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