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Euro area imports and exports show year-on-year decline

The first estimates of euro area balance showed a €22.3 bn surplus in trade in goods with the rest of the world in June 2024, compared with €18.0 bn in June 2023.

The euro area exports of goods to the rest of the world in June 2024 were €236.7 billion, a decrease of 6.3% compared with June 2023 (€252.5 bn). Imports from the rest of the world stood at €214.3 bn, a fall of 8.6% compared with June 2023 (€234.5 bn).

Photo: Dreamstime.

In January to June 2024, the euro area exports of goods to the rest of the world fell to €1 430.1 bn (a decrease of 0.8% compared with January-June 2023), and imports fell to €1 322.6 bn (a decrease of 8.4% compared with January-June 2023).

Intra-euro area trade fell to €1 303.8 bn in January-June 2024, down by 5.9% compared with January-June 2023.

Table: Eurostat

More information:
Eurostat
www.ec.europa.eu

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