Euro Area Trade Surplus Widens in September


The Eurozone trade surplus widened to €20.2 billion in September of 2015 from €17.4 billion a year earlier, as exports grew 1 percent while imports dropped 1 percent.

Euro Area exports reached €173.4 billion compared to €171.8 billion in September 2014 while imports stood at €152.8 billion compared to €154.4 billion in the previous year. Intra-euro area trade rose to €148.9 billion, up by 2 percent compared with September 2014.

Considering January to August 2015, exports of goods rose to €1519.2 billion (+6 percent over the same period a year earlier), while imports increased to €1342.3 billion (+2 percent).

In September 2015 compared with August 2015, euro area seasonally adjusted exports increased by 1.1 percent, while imports increased by 0.5 percent. The seasonally adjusted balance was €20.1 billion surplus, an increase compared with August (€19 billion surplus). 

In the European Union, exports were recorded at €148.7 billion in September, down 1 percent year-on-year from €150.3 billion. Imports stood at €144.4 billion, down by 2.7 percent from €148.4, thus resulting in a €4.3 billion surplus in trade in goods with the rest of the world, compared with a €1.9 billion surplus in September 2014.

In September 2015 compared with August 2015, EU28 seasonally adjusted exports rose by 0.1 percent, while imports rose by 0.4 percent. The seasonally adjusted balance was €5.2 billion, a fall compared with August (€5.7 billion surplus).

Euro Area Trade Surplus Widens in September


Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/13/2015 10:53:49 AM