Euro Area Balance of Trade

Last Release

Feb 28, 2025

Actual

23,984.5

Units In

EUR Million

1,032.8

Frequency

Monthly

Next Release

May 16, 2025

Time to Release

21 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
30,614.3 Jul 2015	-50,937.5 Aug 2022	6,497.5 EUR Million	1999-2025	Eurostat

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 surplus of €24 billion in February 2025, the largest since December 2020, up from the revised surplus of €21.7 billion in the same month of the previous year. Exports surged by 6.2% yoy to €249 billion and imports increased by a softer 5.7% to €225 billion. The European Union also recorded a trade surplus of €23 billion, up from €21.8 billion in February 2024, as exports grew 7% to €225.4 billion, boosted by a 36% jump in shipments of chemicals & related products. Conversely, declines were seen in exports of machinery & vehicles (-1.9%) and energy (-7.7%). Exports to Switzerland rose 34.8%, and those to the U.S surged 22.4%, the strongest in 13 months, reaching €51.8 billion. Meanwhile, imports rose 7.2% to €202.4 billion, on higher purchases of food & drinks (18.3%); chemicals & related products (16.1%); other manufactured goods (7.5%) and machinery & vehicles (4.6%). Imports increased mostly from South Korea (21%), China (13.3%) and Switzerland (12.5%).