Eurozone and European Union trade stats for January to September 2018; EU trade surplus with the U.S. up 18% year on year as trade deficit with Russia up 38% year on year

In January to September 2018, Euro area or Eurozone exports of goods to the rest of the world rose to €1,686.0 bn (an increase of 3.6% compared with January to September 2017), while imports rose to €1,542.9 bn (an increase of 5.8% compared with January to September 2017). As a result, the euro area recorded a surplus of €143.1 bn, compared with +€169.2 bn in January-September 2017. Intra-euro area trade rose to €1,449.8 bn in January-September 2018, up by 5.7% compared with January-September 2017.

Euro Area trade until September 2018 graph
Source: Eurostat

Euro Area trade January to September 2018 table
Source: Eurostat

In January to September 2018, extra-EU28 exports of goods rose to €1,446.9 bn (an increase of 4.1% compared with January to September 2017), while imports rose to €1,461.5 bn (an increase of 5.5% compared with January to September 2017). As a result, the EU28 recorded a deficit of €14.6 bn, compared with a surplus of €5.0 bn in January-September 2017. Intra-EU28 trade rose to €2,617.2 bn in January-September 2018, up by 5.1% compared with January-September 2017.

European Union trade until September 2018 graph
Source: Eurostat
European Union trade January to September 2018 table
Source: Eurostat

Trade by Product

Meanwhile, the trade deficit on energy grew from €171.8 bn in January to September 2017 to €219.4 bn in January to September 2018, an increase of 28%.

European Union trade January to September 2018 table by product
Source: Eurostat

 

Trade by Partner

The trade surplus with the U.S. grew by 18% from €81.6 bn in January to September 2017 to €101 bn in January to September 2018 (despite rising U.S. import tariffs).

The trade deficit with Russia expanded by 38% from €44.4 bn in January to September 2017 to €61.2 bn in January to September 2018.

European Union trade January to September 2018 table by partner
Source: Eurostat

Complete Dataset

European Union trade January to September 2018 full data by member state
Source: Eurostat

The European Union (EU28) currently includes Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.

The euro area (EA19) currently includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

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