Euro area international trade in goods surplus €23.0 bn

16 July 2019

The euro area recorded a €23.0 bn surplus in trade in goods with the rest of the world in May 2019.

Euro area

The first estimate for euro area (EA19) exports of goods to the rest of the world in May 2019 was €203.4 billion, an increase of 7.1% compared with May 2018 (€189.9 bn). Imports from the rest of the world stood at €180.3 bn, a rise of 4.2% compared with May 2018 (€173.0 bn). As a result, the euro area recorded a €23.0 bn surplus in trade in goods with the rest of the world in May 2019, compared with +€16.9 bn in May 2018. Intra-euro area trade rose to €172.0 bn in May 2019, up by 4.9% compared with May 2018.

European Union

The first estimate for extra-EU28 exports of goods in May 2019 was €178.5 billion, up by 10.7% compared with May 2018 (€161.3 bn). Imports from the rest of the world stood at €170.7 bn, up by 6.1% compared with May 2018 (€160.9 bn). As a result, the EU28 recorded a €7.8 bn surplus in trade in goods with the rest of the world in May 2019, compared with +€0.4 bn in May 2018. Intra-EU28 trade rose to €308.1 bn in May 2019, +3.5% compared with May 2018.

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