Euro Area Trade Surplus Widens in April


The first estimate for the euro area trade in goods balance with the rest of the world in April 2014 gave a 15.7 billion euro surplus, compared with +14.0 billion in April 2013 as imports decreased less than exports.

The March 2014 balance was +16.7 bn, compared with +21.8 bn in March 2013. In April 2014 compared with March 2014, seasonally adjusted exports fell by 0.2% and imports by 0.5%. 

For the first three months of 2014, the largest surplus was observed in Germany (+48.6 bn euro), followed by the Netherlands (+15.9 bn), Ireland (+7.9 bn) and Italy (+6.9 bn). The United Kingdom (-26.3 bn) registered the largest deficit, followed by France (-18.8 bn), Spain (-6.8 bn) and Greece (-5.4 bn). 

The first estimate for the April 2014 extra-EU28  trade balance was a 1.3 bn euro surplus, compared with +8.5 bn in April 2013. In March 2014 the balance was +4.1 bn, compared with +14.7 bn in March 2013. In April 2014 compared with March 2014, seasonally adjusted exports fell by 1.0% and imports by 0.9%. 

Euro Area Trade Surplus Widens in April


Eurostat | anna@tradingeconomics.com
6/13/2014 11:22:44 AM