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For additional information relating to this article, please contact:

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

November 15, 2022
EU AND EURO AREA TRADE BALANCE IN GOODS, SEPTEMBER 2022

EURO AREA (EA19 - Sep 2022 vs. Aug 2022, not seasonally adjusted)

The Euro Area's goods trade with the rest of the word recorded a deficit of €34.4 billion. Euro Area exports increased €28.7 billion (12.4%) to €259.6 billion while Euro Area imports increased €10.7 billion (3.8%) to €294.0 billion.

                                                                                                  

                                                                                                                           

EUROPEAN UNION (EU27 - Sep 2022 vs. Aug 2022, not seasonally adjusted)

The European Union's goods trade with the rest of the world recorded a deficit of €45.8 billion. European Union exports increased €25.0 billion (12.1%) to €232.0 billion while European Union imports increased €5.1 billion (1.9%) to €277.8 billion.

TRADE PARTNERS (Sep 2022 vs. Aug 2022, not seasonally adjusted)

The European Union's goods trade with:

  • the United Kingdom recorded a surplus of €9.2 billion
  • Canada recorded a surplus of €2.0 billion
  • the United States recorded a surplus of €13.6 billion

Source: Eurostat. Table ext st eu27 2021sitc  EU27 (from 2020) trade by SITC product group; Table ext st ea19sitc  Euro area19 trade by SITC product group since 1999



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