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Trade surplus for EU in February of EUR 3.0 bn

15 April 2016, 23:50 CET
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(BRUSSELS) - The EU recorded a surplus in trade in goods with the rest of the world of EUR 3.0 bn in February, compared with +EUR 1.8 bn in February 2015, according to first estimates from Eurostat, the EU's statistical office.

The first estimate for extra-EU28 exports of goods in February 2016 was €137.1 billion, down by 1% compared with February 2015 (€138.2 bn). Imports from the rest of the world stood at €134.1 bn, down by 2% compared with February 2015 (€136.4 bn).

In January to February 2016, extra-EU28 exports of goods fell to €258.6 bn (a decrease of 2% compared with January-February 2015) and imports fell to €266.7 bn (-3% compared with January-February 2015). As a result, the EU28 recorded a deficit of €8.1 bn, compared with -€10.0 bn in January-February 2015. Intra-EU28 trade rose to €496.0 bn in January-February 2016, +2% compared with January-February 2015.

Euro area

The first estimate for euro area (EA19) exports of goods to the rest of the world in February 2016 was €163.5 billion, an increase of 1% compared with February 2015 (€161.4 bn). Imports from the rest of the world stood at €144.4 bn, a rise of 2% compared with February 2015 (€141.5 bn).

As a result, the euro area recorded a €19.0 bn surplus in trade in goods with the rest of the world in February 2016, compared with +€20.0 bn in February 2015. Intra-euro area trade rose to €141.0 bn in February 2016, up by 3% compared with February 2015.

In January to February 2016, euro area exports of goods to the rest of the world stood at €308.5 bn, nearly stable compared with January-February 2015. Imports stood at €281.5 bn, also nearly stable compared to January February 2015.

As a result the euro area recorded a surplus of €27.1 bn, compared with +€27.0 bn in January February 2015. Intra-euro area trade rose to €273.0 bn in January-February 2016, up by 1% compared with January-February 2015.

Full figures from Eurostat

 


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