Euro area international trade in goods surplus €29.2 billion

The first estimate for euro area exports of goods to the rest of the world in June 2016 was €178.8 billion, a decrease of 2% compared with June 2015, which saw €182.8 billion. Imports from the rest of the world stood at €149.5 billion, a fall of 5% compared with June 2015 were imports stood at €157.4 billion. As a result, the euro area recorded a €29.2 billion surplus in trade in goods with the rest of the world in June 2016, compared with +€25.5 billion in June 2015. Intra-euro area trade fell to €150.2 billion, down by 1% compared with June 2015.

In January to June 2016, euro area exports of goods to the rest of the world fell to €1,005.5 billion (-1% compared with January-June 2015), while imports fell to €871.0 billion (-3% compared with January-June 2015). As a result the euro area recorded a surplus of €134.5 billion, compared with +€111.4 billion in January-June 2015. Intra-euro area trade remained nearly stable at €855.9 billion in January-June 2016.

The first estimate for extra-EU28 exports of goods in June 2016 was €151.4 billion, -5% compared with June 2015 when the number was €159.8 billion. Imports from the rest of the world stood at €143.8 billion, -4% compared with June 2015, which stood at €150.5 billion. As a result, the EU28 recorded a €7.7 billion surplus in trade in goods with the rest of the world in June 2016, compared with +€9.3 billion in June 2015. Intra-EU28 trade fell to €272.1 billion in June 2016, -1% compared with June 2015.

In January to June 2016, extra-EU28 exports of goods fell to €850.4 billion. This was down by 4% when compared with January-June 2015. On the other hand, imports fell to €833.5 billion, which is also 4% fall when compared with January-June 2015. As a result, the EU28 recorded a surplus of €16.9 billion, compared with +€19.8 billion in January-June 2015. Intra-EU28 trade rose to €1 556.1 billion in January-June 2016, +1% compared with January-June 2015.