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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

August 16, 2019
EU AND EURO AREA TRADE BALANCE IN GOODS, JUNE 2019

EURO AREA

In June 2019, the Euro Area (EA19) goods trade (not seasonally adjusted) with the rest of the world recorded a surplus of €20.6 billion.

  • Euro Area (EA19) export values decreased €9.4 billion (4.7 per cent) to €189.9 billion compared to June 2018.
  • Euro Area (EA19) import values decreased €7.4 billion (4.1 per cent) to €169.3 billion compared to June 2018.

In June 2019, it was also reported that intra-euro area trade   decreased 6.6 per cent to €160.5 billion compared to June 2018.

In June 2019, the Euro Area (EA19) goods trade (not seasonally adjusted) with Canada recorded a surplus of €1.2 billion.

In June 2019, the Euro Area (EA19) goods trade (not seasonally adjusted) with the United States recorded a surplus of €11.1 billion.

 

EUROPEAN UNION

In June 2019, the European Union (EU28) goods trade (not seasonally adjusted) with the rest of the world recorded a surplus of €6.1 billion.

  • European Union (EU28) export values decreased €7.6 billion (4.4 per cent) to €164.5 billion compared to June 2018.
  • European Union (EU28) import values decreased €6.8 billion (4.2 per cent) to €158.3 billion compared to June 2018.

In June 2019, it was also reported that intra-EU28 trade decreased 6.4 per cent to €288.8 billion compared to June 2018.

In June 2019, the European Union (EU28) goods trade (not seasonally adjusted) with Canada recorded a surplus of €0.8 billion.

In June 2019, the European Union (EU28) goods trade (not seasonally adjusted) with the United States recorded a surplus of €12.7 billion.

EU Data, Euro Area DataPress Release



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