• Eurozone trade surplus decreased in December

Market news

15 February 2019

Eurozone trade surplus decreased in December

According to the first estimate from Eurostat, euro area (EA19) exports of goods to the rest of the world in December 2018 was €176.5 billion, a decrease of 2.5% compared with December 2017 (€181.0 bn). Imports from the rest of the world stood at €159.5 bn, a rise of 1.9% compared with December 2017 (€156.5 bn). As a result, the euro area recorded a €17.0 bn surplus in trade in goods with the rest of the world in December 2018, compared with +€24.5 bn in December 2017. Intra-euro area trade fell to €142.6 bn in December 2018, down by 1.2% compared with December 2017.

In January to December 2018, euro area exports of goods to the rest of the world rose to €2 276.3 bn (an increase of 3.7% compared with January-December 2017), and imports rose to €2 082.1 bn (an increase of 6.2% compared with January-December 2017). As a result the euro area recorded a surplus of €194.2 bn, compared with +€234.9 bn in January-December 2017. Intra-euro area trade rose to €1 941.9 bn in January-December 2018, up by 5.2% compared with January-December 2017.

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