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March 22, 2018EURO AREA CURRENT ACCOUNT, JANUARY 2018 The European Central Bank reported today, that the euro area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €37.6 billion in January 2018. There was a surplus in net goods trade (+€27.1 billion), net services trade (+€9.6 billion) and net primary income (+€10.7 billion) account that were partially offset by a deficit in net secondary income (-€9.8 billion) account.
In the Euro Area January 2017, exports of goods and services decreased to €269.6 billion, while imports of goods and services increased to €233.9 billion. With growth in imports and a decline in exports, the net trade surplus decreased to €36.7 billion.
Sources: European Central Bank: Press Release | Database
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