April 17, 2018

Euro area (EA19) exports of goods to the rest of the world in February 2018 was €177.5 billion, an increase of 3.0% compared with February 2017 (€172.3 billion). On the other hand, imports from the rest of the world stood at €158.6 billion, a rise of 1.5% compared with February 2017 (€156.2 billion). Consequently, the euro area recorded an €18.9 billion surplus in trade in goods with the rest of the world in February 2018, compared with  a surplus of €16.1 billion in February 2017.

European Union, or EU28 exports of goods in February 2018 was €149.2 billion, up by 1.7% compared with February 2017 (€146.7 billion). Imports from the rest of the world stood at €145.9 billion, down by 0.4% compared with February 2017 (€146.5 billion). As a result, the EU28 recorded a €3.3 billion surplus in trade in goods with the rest of the world in February 2018, compared with  a €0.2 billion surplus recorded  in February 2017.

Intra-euro area trade rose to €153.7 billion in February 2018, up by 3.9% compared with February 2017; Intra-EU28 trade rose to €277.4 billion in February 2018, +3.5% compared with February 2017.

Over the two month period, January 2018 to February 2018, euro area exports of goods to the rest of the world rose to €356.2 billion (an increase of 5.9% compared with January-February 2017), while imports rose to €333.8 billion (an increase of 3.8% compared with January-February 2017). For the same period, January 2018 to February 2018, extra-EU28 exports of goods rose to €299.7 billion (an increase of 4% compared with January-February 2017), while imports rose to €316.8 billion (an increase of 3.6% compared with January-February 2017). Imports for the entire region increase at a higher volume than export, resulting in a deficit of €17.1 billion for January-February 2018, compared with -€17.5 billion in January-February 2017. However, Euro area (EA19) recorded a surplus of €22.4 billion for January-February 2018.

 

The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.