• Euro Area trade balance surplus declined significantly in August

Market news

16 October 2017

Euro Area trade balance surplus declined significantly in August

The first estimate for euro area (EA19) exports of goods to the rest of the world in August 2017 was €171.5 billion, an increase of 6.8% compared with August 2016 (€160.6 bn). Imports from the rest of the world stood at €155.4 bn, a rise of 8.6% compared with August 2016 (€143.1 bn).

As a result, the euro area recorded a €16.1 bn surplus in trade in goods with the rest of the world in August 2017, compared with +€17.5 bn in August 2016. Intra-euro area trade rose to €132.9 bn in August 2017, up by 7.6% compared with August 2016

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