Government of Nova Scotia, Canada

Home > Economics and Statistics > Archived Daily Stats
The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.

<--- Return to Archive

For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

October 19, 2023

Month over month (August 2023 vs July 2023, seasonally adjusted)

The European Central Bank reported today that the Euro Area (EA20)

  • Current account surplus increased by €6.6 billion to €27.7 billion.
  • Goods trade surplus increased by €10.0 billion to €34.8 billion.
  • Services trade surplus decreased by €3.5 billion to €6.2 billion.
  • Primary income declined by €0.8 billion to a deficit of €0.2 billion.
  • Secondary income deficit narrowed by €0.9 billion to €13.3 billion.


Exports and imports

Exports of goods increased by 8.4% to €251.9 billion and imports of goods increased by 4.6% to €217.0 billion in August 2023 compared with the previous month. With exports increasing faster than imports, the goods trade surplus increased to €34.8 billion.

Exports of services increased 2.9% to €105.6 billion and imports of services increased 6.9% to €99.4 billion in August 2023 compared to the previous month. The services trade balance narrowed to €6.2 billion.


Receipts and payments

Primary income receipts increased by 6.0% to €99.7 billion and payments grew by 6.9% to €99.9 billion in August 2023. The primary income balance declined from a surplus of €0.7 billion in July to a defict of €0.2 billion in August.  

Secondary income receipts increased by 0.5% to €13.9 billion and secondary income payments decreased by 3.1% to €27.2 billion in August 2023. The secondary income deficit narrowed to €13.3 billion in August 2023.




European Central Bank.  Press Releases Selected Current Account Data 

<--- Return to Archive