European Union recorded a trade deficit of 3176.40 EUR Million in November of 2018. Balance of Trade in European Union averaged -7566.30 EUR Million from 1999 until 2018, reaching an all time high of 21408.80 EUR Million in December of 2016 and a record low of -34765.70 EUR Million in January of 2008.

Balance of Trade in European Union is expected to be 10560.00 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 European Union to stand at 16900.00 in 12 months time. In the long-term, the European Union Balance of Trade is projected to trend around 17100.00 EUR Million in 2020, according to our econometric models.

European Union Balance of Trade
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Forecast Data Chart
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European Union Trade Last Previous Highest Lowest Unit
Exports 172708.70 180061.50 180061.50 42243.20 EUR Million [+]
Imports 175885.10 187291.50 187291.50 52217.00 EUR Million [+]
Balance of Trade -3176.40 -7229.90 21408.80 -34765.70 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



European Union Balance of Trade

This page provides the latest reported value for - European Union Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3176.40 -7229.90 21408.80 -34765.70 1999 - 2018 EUR Million Monthly
NSA




Country Last Previous
Argentina 1369.00 Dec/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -55.29 Dec/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -2568800.00 Nov/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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