• Eurozone recorded a €1.5 billion surplus in trade in goods in January

Market news

18 March 2019

Eurozone recorded a €1.5 billion surplus in trade in goods in January

According to the report from Eurostat, the first estimate for euro area (EA19) exports of goods to the rest of the world in January 2019 was €183.4 billion, an increase of 2.5% compared with January 2018 (€179.0 bn). Imports from the rest of the world stood at €181.8 bn, a rise of 3.4% compared with January 2018 (€175.9 bn). As a result, the euro area recorded a €1.5 bn surplus in trade in goods with the rest of the world in January 2019, compared with +€3.1 bn in January 2018. Intra-euro area trade rose to €164.6 bn in January 2019, up by 2.4% compared with January 2018.

In 2018, euro area exports of goods to the rest of the world rose to €2 277.6 bn (an increase of 3.7% compared with 2017), and imports rose to €2 084.2 bn (an increase of 6.6% with respect to the previous year). As a result the euro area recorded a surplus of €193.4 bn in 2018, compared with +€240.8 bn in 2017. Intra-euro area trade rose to €1 943.5 bn in 2018, up by 5.3% compared with 2017.

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