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August 16, 2024EU AND EURO AREA TRADE BALANCE IN GOODS, JUNE 2024 Month-over-month (June 2024 vs May 2024, seasonally adjusted)
In the 27 countries of the European Union, the balance of trade in goods surplus expanded by €6.2 billion to €15.2 billion. Exports from the European Union were down 0.1% to €212.9 billion while imports contracted by 3.1% to €197.7 billion.
In the 20 countries of the Euro Area, the balance of trade in goods surplus grew €5.1 billion to €17.5 billion. Exports from the Euro Area declined by 0.2% to €236.2 billion while imports declined by 2.4% to €218.7 billion.
The European Union surplus in goods trade with the UK narrowed €662.5 million to €14.1 billion, the surplus in goods trade with Canada grew by €383.6 million to €1.8 billion, and the surplus in goods trade with the US expanded by €4.4 billion to €19.0 billion.
Likewise, for the subset of European Union countries that use the Euro, there was a goods trade surplus with the UK (narrowed to €11.0 billion), and with Canada (expanded to €1.4 billion) and with the US (grew to €17.5 billion).
Source: Eurostat. Table ext st eu27 2020sitc EU27 (from 2020) trade by SITC product group; Table ext st easitc Euro area 20 trade by SITC product group since 1999
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