13 Sep Euro Area Balance of Trade
Euro Area recorded a trade surplus of 24800 EUR Million in July of 2019. Balance of Trade in the Euro Area averaged 6459.54 EUR Million from 1999 until 2019, reaching an all time high of 30466.40 EUR Million in July of 2015 and a record low of -16297.90 EUR Million in January of 2011. Euro Area runs regular trade surpluses primarily due to its high export of manufactured goods such as machinery and vehicles. Euro area is a net importer of energy and raw materials. Germany, Italy, France and Netherlands account for the largest share of total trade. Main trading partners are the United Kingdom (12 percent of total exports and 10 percent of imports) and the United States (13 percent of exports and 6 percent of imports). This page provides the latest reported value for – Euro Area Balance of Trade – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.