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March 22, 2019
EURO AREA CURRENT ACCOUNT, JANUARY 2019

The European Central Bank reported today that the Euro Area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €36.8 billion in January 2019. Surpluses of €24.8 billion in net goods trade, €8.3 billion in net services trade and €14.6 billion in net primary income were partially offset by a deficit of €10.9 billion in net secondary income accounts. 

In January 2019, Euro Area exports of goods and services increased €11.6 billion to €278.6 billion and imports of goods and services increased €4.8 billion to €245.4 billion. The net trade surplus increased €6.8 billion to €33.1 billion.

Sources: European Central Bank:  Press Release | Database | Selected BOP Data