According to the report from Eurostat, the first estimate for euro area exports of goods to the rest of the world in October 2020 was €199.3 billion, a decrease of 9.0% compared with October 2019 (€219.0 bn). Imports from the rest of the world stood at €169.3 bn, a fall of 11.7% compared with October 2019 (€191.8 bn). As a result, the euro area recorded a €30.0 bn surplus in trade in goods with the rest of the world in October 2020, compared with +€27.2 bn in October 2019. Intra-euro area trade fell to €166.1 bn in October 2020, down by 6.8% compared with October 2019.

In January to October 2020, euro area exports of goods to the rest of the world fell to €1 744.0 bn (a decrease of 11.1% compared with January-October 2019), and imports fell to €1 564.0 bn (a decrease of 12.4% compared with January-October 2019). As a result the euro area recorded a surplus of €180.1 bn, compared with +€178.2 bn in January-October 2019. Intra-euro area trade fell to €1 478.4 bn in January-October 2020, down by 10.8% compared with January-October 2019.