Euro Area Balance of Trade  Forecast


Euro Area Balance of Trade
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Balance of Trade in Euro Area is expected to be 31000.00 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 27000.00 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 Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 26273 31000 29000 23400 27000 25000
Exports 197508 207000 189000 184500 186000 190000
Imports 171236 176000 160000 161100 159000 165000
Current Account 35.9 32.2 32.4 33.4 45.2 37.4
Current Account to GDP 3.3 2.4 2.4 2.4 2.4 1.9
External Debt 13888578 14300000 14400000 14500000 14600000 15400000
Capital Flows 38.56 36.8 62.3 18.9 48.9 41.2
Gold Reserves 505 505 505 505 505 505