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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

July 16, 2020
EU AND EURO AREA TRADE BALANCE IN GOODS, MAY 2020

EURO AREA

In May 2020, the Euro Area (EA19) Goods Trade (not seasonally adjusted) with the rest of the world recorded a surplus of €9.4 billion compared to April 2020.

  • The Euro Area (EA19) Export Trade increased €7.7 billion (5.7%) to €143.3 billion.  
  • The Euro Area (EA19) Import Trade increased €0.9 billion (0.7%) to €133.9 billion.  

 

EUROPEAN UNION

In May 2020, the European Union (EU27) Goods Trade (not seasonally adjusted) with the rest of the world recorded a surplus of €7.1 billion compared to April 2020.

  • The European Union (EU27) Export Trade increased €4.7 billion (3.8%) to €129.8 billion.  
  • The European Union (EU27) Import Trade decreased €2.2 billion (-1.8%) to €122.6 billion.  

 

 

In May 2020 compared with April 2020, the European Union (EU27) Goods Trade (not seasonally adjusted) with:

  • the United Kingdom recorded a surplus of €5.5 billion.
  • Canada recorded a surplus of €1.2 billion.
  • the United States recorded a surplus of €11.2 billion.

 

 

 

 

EU DataEuro Area Data, EuroStat Press Releases , May Trade Press release



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