Euro Area Trade Surplus at Record High


The trade surplus in the Eurozone increased to €24.9 billion in April of 2015 from a € 14.9 billion surplus a year earlier. It is the highest surplus on record, due to a 9 percent surge in exports.

Euro Area exports rose 9 percent year-on-year to €173.6 billion while imports increased 3 percent to €148.7 billion. Intra-euro area trade rose to €141.0 billion, up 2 percent compared with April of 2014.

Considering January to April 2015, sales increased 6 percent while imports rose 1 percent over a year earlier. As a result, the Euro Area recorded a surplus of €77.1 billion, compared with +€45.5 billion in January-April 2014. 

European Union exports went up 12 percent year-on-year in April to €155.4 billion and imports rose 4 percent to €143.2 billion. As a result, the EU28 recorded a €12.2 billion surplus.

In the first four months of the year, exports went up 6 percent while imports rose 3 percent, thus swinging the trade balance to a €15.1 billion surplus from a €5.0 billion deficit a year earlier. 

Euro Area Trade Surplus at Record High


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
6/15/2015 10:21:30 AM