Euro Area Balance of Trade  Forecast


Balance of Trade in Euro Area is expected to be 24000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Euro Area to stand at 29000.00 in 12 months time. In the long-term, the Euro Area Balance of Trade is projected to trend around 25000.00 EUR Million in 2020, according to our econometric models.


Euro Area Balance of Trade
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Euro Area Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 23156 24000 29000 31000 29000 25000
Exports 177743 182000 184000 207000 189000 190000
Imports 154587 158000 155000 176000 160000 165000
Current Account 32.5 34.8 48.2 32.2 32.4 37.4
Current Account to GDP 3.3 2.8 2.8 2.4 2.4 1.9
External Debt 13959630 13700000 13800000 13900000 14000000 14900000
Capital Flows 43.91 15.2 54.5 36.8 62.3 41.2
Gold Reserves 505 505 505 505 505 505