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December 17, 2024EU AND EURO AREA TRADE BALANCE IN GOODS, OCTOBER 2024 Month-over-month (October 2024 vs September 2024, seasonally adjusted)
In the 27 countries of the European Union, the balance of trade in goods surplus narrowed by €5.6 billion to €3.9 billion. Exports from the European Union were down 2.0% to €208.2 billion while imports increased by 0.7% to €204.3 billion.
In the 20 countries of the Euro Area, the balance of trade in goods surplus narrowed by €6.5 billion to €6.1 billion. Exports from the Euro Area decreased by 1.6% to €232.5 billion while imports increased by 1.3% to €226.5 billion.
The European Union surplus in goods trade with the UK widened by €786.1 million to €15.5 billion, the export surplus in goods trade with the UK widened by €1.1 billion to €29.1 billion, and the import surplus in goods trade with the UK widened by €337.5 million to €13.6 billion.
The European Union surplus in goods trade with Canada narrowed by €710.8 million to €1.2 billion, the export surplus in goods trade with Canada narrowed by €247.9 million to €3.8 billion, and the import surplus in goods trade with Canada widened by €462.9 billion to €2.6 billion.
The European Union surplus in goods trade with the US narrowed by €9.5 million to €17.8 billion, the export surplus in goods trade with the UK narrowed by €1.6 billion to €43.6 billion, and the import surplus in goods trade with the UK narrowed by €1.6 billion to €25.9 billion.
Likewise, for the subset of European Union countries that use the Euro, there was a goods trade surplus with the UK (widened to €12.2 billion), and with Canada (narrowed to €788.9 million) and with the US (narrowed to €15.7 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
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