European Union Balance of Trade - Forecast

Balance of Trade in European Union is expected to be 1970.00 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 7000.00 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.

Forecast Data Chart
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European Union Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Imports 170370 157830 149440 165640 158100 157100
Exports 170432 159800 164200 176200 165100 174200
Balance of Trade 61.8 1970 14760 10560 7000 17100