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.
<--- Return to Archive
For additional information relating to this article, please contact:
April 16, 2024EU AND EURO AREA TRADE BALANCE IN GOODS, FEBRUARY 2024 Month-over-month (February 2024 vs January 2024, seasonally adjusted)
In the 27 countries of the European Union, the balance of trade in goods surplus dropped from €24.1 billion in January to €14.8 billion in February 2024. Exports from the European Union were up 0.5% to €213.4 billion while imports grew by 5.4% to €198.5 billion.
In the 20 countries of the Euro Area, the balance of trade in goods surplus fell to €17.9 billion in February 2024 from €27.1 billion in the previous month. Exports from the Euro Area fell by 0.2% to €238.0 billion while imports rose by 4.2% to €220.1 billion.
The European Union continued to run consistent surpluses in goods trade with the UK (€15.1 billion), Canada (€1.2 billion) and the US (€13.5 billion).
Likewise, for the subset of European Union countries that use the Euro, there was a goods trade surplus with the UK (€11.6 billion), Canada (€0.8 billion) and the US (€12.8 billion).
Source: Eurostat. Table ext st eu27 2020sitc EU27 (from 2020) trade by SITC product group; Table ext st easitc Euro area 20 trade by SITC product group since 1999
<--- Return to Archive
