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March 21, 2025EURO AREA CURRENT ACCOUNT, JANUARY 2025 Month over month (January 2025 vs December 2024, seasonally adjusted)
The European Central Bank reported today that the Euro Area:
- Current account surplus narrowed by €3.0 billion to €35.4 billion
- Goods trade surplus widened by €1.9 billion to €35.3 billion
- Services trade surplus narrowed by €6.3 billion to €11.8 billion
- Primary income surplus narrowed by €2.5 billion to €1.8 billion
- Secondary income deficit narrowed by €3.8 billion to €13.5 billion
Euro Area's exports of goods rose by 0.04% to €243.2 billion. Imports of goods decreased 0.8% to €208.0 billion.
Exports of services from the Euro Area increased by 3.9% to €131.0 billion while imports of services to the Euro Area increased 10.3% to €119.2 billion in January 2025.
Primary income receipts for the Euro Area rose by 4.8% to €110.7 billion while payments rose by 7.5% to €108.8 billion in January 2025.
Secondary income receipts in the Euro Area rose by 9.6% to €15.2 billion while secondary income payments from the Euro Area decreased by 8.0% to €28.7 billion.
Source: European Central Bank. Press Releases | Selected Current Account Data
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