novascotia.ca - Nova Scotia Canada - Government of Nova Scotia

Home > Economics and Statistics > Selected Daily Stats Article
For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: Thomas.Storring@novascotia.ca

September 16, 2024
EU AND EURO AREA TRADE BALANCE IN GOODS, JULY 2024

Month-over-month (July 2024 vs June 2024, seasonally adjusted)

In the 27 countries of the European Union, the balance of trade in goods surplus narrowed by €2.4 billion to €12.8 billion. Exports from the European Union were up 0.5% to €215.8 billion while imports grew by 1.7% to €203.0 billion.                                                                                                                                                           

In the 20 countries of the Euro Area, the balance of trade in goods surplus narrowed €1.6 billion to €15.5 billion. Exports from the Euro Area grew by 0.8% to €239.0 billion while imports grew by 1.6% to €223.5 billion.

The European Union surplus in goods trade with the UK expanded by €957.4 million to €14.9 billion, the surplus in goods trade with Canada grew by €264.5 million to €2.0 billion, and the surplus in goods trade with the US narrowed by €2.1 billion to €16.8 billion.

Likewise, for the subset of European Union countries that use the Euro, there was a goods trade surplus with the UK (expanded to €12.1 billion), and with Canada (expanded to €1.6 billion) and with the US (narrowed to €14.2 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