Euro Area Trade Surplus Widens in October


The Eurozone trade surplus widened to €24.1 billion in October of 2015 from €22.4 billion a year earlier, as exports grew 1 percent while imports were nearly stable.

Euro Area exports reached €181.1 billion compared to €180.1 billion in October 2014 while imports stood at €157.0 billion compared to €157.7 billion in the previous year. Intra-euro area trade rose to €150.1 billion, up by 1 percent compared with October 2014.

Considering January to October 2015, exports of goods rose to €1699.7 billion (+5 percent over the same period a year earlier), while imports increased to €1499.9 billion (+2 percent).

In October 2015 compared with September 2015, euro area seasonally adjusted exports increased by 0.3 percent, while imports increased by 0.4 percent. The seasonally adjusted balance was €19.9 billion surplus, stable compared with September. 

In the European Union, exports were recorded at €154 billion in October, down 2 percent year-on-year from €157.1 billion. Imports stood at €150.8 billion, almost unchanged from €151.1, thus resulting in a €3.2 billion surplus in trade in goods with the rest of the world, compared with a €6.0 billion surplus in October 2014.

In October 2015 compared with September 2015, EU28 seasonally adjusted exports fell by 0.5 percent, while imports rose by 1.6 percent. The seasonally adjusted balance was €1.7 billion, a fall compared with September (€4.8 billion surplus).

Euro Area Trade Surplus Widens in October


Eurostat | Yekaterina Guchshina | yekaterina@tradingeconomics.com
12/16/2015 10:13:53 AM