The first estimates of euro area balance showed a €13.9 bn surplus in trade in goods with the rest of the world in May 2024, compared with a deficit of €0.4 bn in May 2023.
The euro area exports of goods to the rest of the world in May 2024 were €241.5 billion, a decrease of 0.5% compared with May 2023 (€242.7 bn). Imports from the rest of the world stood at €227.6 bn, a fall of 6.4% compared with May 2023 (€243.2 bn).
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In January to May 2024, the euro area recorded a surplus of €84.9 bn, compared with €-21.0 bn in January-May 2023. The euro area exports of goods to the rest of the world rose to €1 194.5 bn (an increase of 0.5% compared with January-May 2023), and imports fell to €1 109.7 bn (a decrease of 8.3% compared with January-May 2023).
Intra-euro area trade fell to €1 090.6 bn in January-May 2024, down by 5.2% compared with January-May 2023.
More information:
Eurostat
www.ec.europa.eu