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November 15, 2023EU AND EURO AREA TRADE BALANCE IN GOODS, SEPTEMBER 2023 Month-over-month (September 2023 vs August 2023, seasonally adjusted)
In the 27 countries of the European Union, the balance of trade in goods surplus narrowed from €9.7 billion in August to €6.9 billion in September 2023. Exports from the European Union were down 0.8% to €209.1 billion while imports rose by 0.5% to €202.2 billion.
In the 20 countries of the Euro Area, the balance of trade in goods surplus contracted to €9.2 billion in September 2023 from €11.1 billion in the previous month. Exports from the Euro Area fell by 0.5% to €234.0 billion while imports rose by 0.3% to €224.8 billion.
The European Union continued to run consistent surpluses in goods trade with the UK (€12.8 billion), Canada (€1.9 billion) and the US (€11.9 billion).
Likewise, for the subset of European Union countries that use the Euro, there was a goods trade surplus with the UK (€10.0 billion), Canada (€1.5 billion) and the US (€10.5 billion).
Source: Eurostat. Table ext st eu27 2021sitc EU27 (from 2020) trade by SITC product group; Table ext st ea20sitc Euro area 20 trade by SITC product group since 1999
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