According to the report from Eurostat, the first estimate for euro area (EA19) exports of goods to the rest of the world in July 2019 was €206.5 billion, an increase of 6.2% compared with July 2018 (€194.5 bn). Imports from the rest of the world stood at €181.7 bn, a rise of 2.3% compared with July 2018 (€177.6 bn). As a result, the euro area recorded a €24.8 bn surplus in trade in goods with the rest of the world in July 2019, compared with +€16.9 bn in July 2018. The surplus was expected to shrink to €17.4 bn from €20.6 bn in June 2019. Intra-euro area trade rose to €165.6 bn in July 2019, up by 1% compared with July 2018.

In January to July 2019, euro area exports of goods to the rest of the world rose to €1 369.3 bn (an increase of 3.6% compared with January-July 2018), and imports rose to €1 243.2 bn (an increase of 3.5% compared with January-July 2018). As a result the euro area recorded a surplus of €126.1 bn, compared with +€120.5 bn in January-July 2018. Intra-euro area trade rose to €1 168.7 bn in January-July 2019, up by 1.9% compared with January-July 2018.