International trade in goods, December 2016, Eurostat

Page created: Wednesday, 15 February 2017 14:40GMT | Updated: Wednesday, 15 February 2017 14:52GMT

Press Release:  15 February 2017 - 6 Page(s)
Tags:
Euro Area  European Union  Exports  Goods  Imports   International Trade  Trade Balance

Euro area international trade in goods surplus €28.1 bn

€20.9 bn surplus for EU28

Euro area

The first estimate for euro area (EA19) exports of goods to the rest of the world in December 2016 was €178.6 billion, an increase of 6% compared with December 2015 (€168.7 bn). Imports from the rest of the world stood at €150.5 bn, a rise of 4% compared with December 2015 (€144.4 bn). As a result, the euro area recorded a €28.1 bn surplus in trade in goods with the rest of the world in December 2016, compared with +€24.4 bn in December 2015. Intra-euro area trade rose to €137.4 bn in December 2016, up by 5% compared with December 2015.

These data are released by Eurostat, the statistical office of the European Union.

In January to December 2016, euro area exports of goods to the rest of the world stood at €2 047.8 bn (nearly stable compared with January-December 2015) and imports at €1 774.0 bn (a decrease of 2% compared with January-December 2015). As a result the euro area recorded a surplus of €273.9 bn, compared with +€238.7 bn in January-December 2015. Intra-euro area trade rose to €1 709.3 bn in January-December 2016, up by 1% compared with January-December 2015.

European Union

The first estimate for extra-EU28 exports of goods in December 2016 was €164.4 billion, up by 5% compared with December 2015 (€156.1 bn). Imports from the rest of the world stood at €143.5 bn, up by 6% compared with December 2015 (€135.4 bn). As a result, the EU28 recorded a €20.9 bn surplus in trade in goods with the rest of the world in December 2016, compared with +€20.6 bn in December 2015. Intra-EU28 trade rose to €247.7 bn in December 2016, +5% compared with December 2015.

In January to December 2016, extra-EU28 exports of goods stood at €1 745.7 bn (a decrease of 2% compared with January-December 2015) and imports at €1 706.4 bn (a decrease of 1% compared with January-December 2015). As a result, the EU28 recorded a surplus of €39.3 bn, compared with +€59.9 bn in January-December 2015. Intra-EU28 trade rose to €3 108.8 bn in January-December 2016, +1% compared with January-December 2015.



Original title:  Euro area international trade in goods surplus €28.1 bn

Related Document(s)