Advertisement
Advertisement

Search Indicator:

Choose Country
Choose Indicator

Euro Area Balance of Trade

Last Release
Nov 2021
Actual
-1487.6 EUR Million
Forecast
32000000000 EUR Million
Previous
3616.6 EUR Million
Frequency
Monthly
Units In
EUR Million
Next Release
Feb 15, 2022
Time to Release
20 Days 4 Hours
Highest
Lowest
Average
Date Range
Source
30614.3 EUR Million
Jul 2015
-16418.8 EUR Million
Jan 2011
7,432.8 EUR Million1999 - 2021Eurostat
Euro Area runs regular trade surpluses primarily due to its high export of manufactured goods such as machinery and vehicles. Euro area is a net importer of energy and raw materials. Germany, Italy, France and Netherlands account for the largest share of total trade. Main trading partners are the United Kingdom (12 percent of total exports and 10 percent of imports) and the United States (13 percent of exports and 6 percent of imports).

Latest Updates

The Eurozone posted a trade deficit of EUR 1.5 billion in November 2021, the first gap since January 2014, amid a fast-recovering global demand, rising energy prices and the euro's weakness. Imports jumped 32% to an all-time high, mainly boosted by purchases of mineral fuels, lubricants and related materials (168.5%), manufactured goods (16.6%) such as chemicals and related products, and other manufactured goods (27.8%). Among major trade partners, imports rose from China (35.4%), the US (25.2%), Russia (123.3%), Switzerland (26.3%), and Norway (235.3%), but fell from the UK (-3.6%). Exports rose at a slower 14.4%, also hitting a record high, driven by sales of mineral fuels, lubricants and related materials (123.4%), manufactured goods (10.4%), food and live animals (9.8%) and other manufactured goods (14.9%). Exports were up to the US (15.5%) and Switzerland (14.2%), but declined to the UK (-3.8%) and China (-1.8%).

Euro Area Balance of Trade History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Jan 14, 202210:16Eurozone Posts First Trade Deficit in Nearly 8 Years
Dec 16, 202110:15Eurozone Trade Surplus Falls Sharply as Imports Hit Record
Nov 15, 202110:10Eurozone Trade Surplus Narrows Less than Expected
Oct 15, 202109:34Eurozone Trade Surplus Smaller than Forecast
Sep 16, 202109:25Eurozone Trade Surplus Narrows in July
Aug 13, 202109:30Eurozone Trade Surplus Narrows in June
Jul 16, 202109:06Eurozone Trade Surplus Shrinks in May

Euro Area trade Indicators

All Euro Area indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Balance of Trade
-1,487.6
Nov 2021
3,616.6
Oct 2021
-16,418.8
Jan 2011
30,614.3
Jul 2015
EUR MillionMonthly1999 - 2021
Capital Flows
44.88
Nov 2021
14.08
Oct 2021
-86.64
May 2017
85.3
Dec 2020
EUR BillionMonthly1999 - 2021
Current Account
26.9
Sep 2021
17.6
Aug 2021
-33.54
Jan 2008
51.9
Dec 2020
EUR BillionMonthly1999 - 2021
Current Account to GDP
3
Dec 2020
3.1
Dec 2019
-1.5
Dec 2008
3.2
Dec 2016
% of GDPYearly1999 - 2020
Exports
225,085.1
Nov 2021
214,026
Oct 2021
53,045.9
Jan 1999
225,085.1
Nov 2021
EUR MillionMonthly1999 - 2021
External Debt
15,733,024.44
Sep 2021
15,388,936.92
Jun 2021
5,501,622
Mar 2004
15,733,024.44
Sep 2021
EUR MillionQuarterly2004 - 2021

Balance of Trade across Europe

Balance of Trade global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
-43,211.6
Nov 2021
-42,747.3
Oct 2021
-43,211.6
Nov 2021
-974.05
Apr 1997
ALL MillionMonthly1993 - 2021
Armenia
-273.5
Oct 2021
-260.2
Sep 2021
-440
Dec 2019
-33.98
Aug 2003
USD MillionMonthly2003 - 2021
Austria
-258
Dec 2019
-264
Nov 2019
-1,256
Apr 1991
581
Nov 2014
EUR MillionMonthly1953 - 2019
Belarus
410.9
Nov 2021
155.5
Oct 2021
-1,414.9
Nov 2010
466.7
Mar 2012
USD MillionMonthly2000 - 2021
Belgium
1,197
Nov 2021
1,398.7
Sep 2021
-1,026.6
Aug 2008
4,381
Jul 2021
EUR MillionMonthly1993 - 2021
Bosnia and Herzegovina
-630,037.45
Oct 2021
-720,820.93
Sep 2021
-990,987.59
Dec 2005
-254,261.89
Oct 2000
BAM ThousandMonthly2000 - 2021

Trade With A Regulated Broker