The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.

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For additional information relating to this article, please contact:

Thomas Storring	Director – Economics and Statistics
Tel: 902-424-2410	Email: thomas.storring@novascotia.ca

May 15, 2020
EU AND EURO AREA TRADE BALANCE IN GOODS, MARCH 2020

EURO AREA

In March 2020, the Euro Area (EA19) Goods Trade (not seasonally adjusted) with the rest of the world recorded a surplus  of  €28.2 billion   compared to February 2020.

From February 2020 to March 2020

• The Euro Area (EA19) Export Trade increased  €4.6 billion  (2.5%) to €193.3 billion.
• The Euro Area (EA19) Import Trade increased  €0.1 billion  (0.1%) to €165.0 billion.

 

 

EUROPEAN UNION

In March 2020, the European Union (EU27, now excluding the UK)  Goods Trade (not seasonally adjusted) with the rest of the world recorded a surplus  of €22.2 billion   

From February 2020 to March 2020:

• The European Union (EU27) Export Trade  decreased  €3.2 billion  (-1.9%) to €167.4 billion.
• The European Union (EU27) Import Trade  decreased  €2.7 billion  (-1.9%) to €145.2 billion.

 

 

The UK left the European Union as of January 31, 2020.  In March 2020, the European Union (EU27) Goods Trade (not seasonally adjusted) United Kingdom recorded a surplus  of €11.4 billion.

From February 2020 to March 2020:

• The European Union (EU27) Goods Trade (not seasonally adjusted) with the United Kingdom  decreased  €3.2 billion  (4.5%) to €25.9 billion.
• The European Union (EU27) Import Trade (not seasonally adjusted) with the United Kingdom  decreased  €3.2 billion  (-7%) to €14.5 billion.

 

 

In March 2020, the European Union (EU27) Goods Trade (not seasonally adjusted) with Canada recorded  a surplus of  €1.3 billion. In March 2020, the European Union (EU27) Goods Trade (not seasonally adjusted) with the United States recorded a surplus of €13.8 billion.

 

 

EU Data, Euro Area Data, Press Release

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