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January 18, 2019
EURO AREA CURRENT ACCOUNT, NOVEMBER 2018

The European Central Bank reported today that the Euro Area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €20.3 billion in November 2018. Surpluses of €18.4 billion in net goods trade, €11.0 billion in net services trade and €6.0 billion in net primary income, were partially offset by a deficit of €15.0 billion in net secondary income accounts.

In November 2018, Euro Area exports of goods and services increased €0.9 billion to €272.4 billion and Imports of goods and services increased €2.7 billion to €243.0 billion. The net trade surplus declined €1.7 billion to €29.4 billion.

Sources: European Central Bank:  Press Release | Database | Selected BOP Data