November 2016
9/2017 - 16 January 2017
Euro area international trade in goods surplus €25.9 bn€6.9 bn surplus for EU28
Euro areaThe first estimate for euro area (EA19) exports of goods to the rest of the world in November 2016 was €184.2 billion, an increase of 6% compared with November 2015 (€173.8 bn). Imports from the rest of the world stood at
€158.3 bn, a rise of 5% compared with November 2015 (€150.9 bn). As a result, the euro area recorded a €25.9 bn surplus in trade in goods with the rest of the world in November 2016, compared with +€22.9 bn in November 2015. Intra-euro area trade rose to €154.0 bn in November 2016, up by 5% compared with November 2015.
These data are released by Eurostat, the statistical office of the European Union.
International trade in goods of the euro area, € bn180
Imports
Exports
160
140
120
100
80
60
05-05
08-05
11-05
02-06
05-06
08-06
11-06
02-07
05-07
08-07
11-07
02-08
05-08
08-08
11-08
02-09
05-09
08-09
11-09
02-10
05-10
08-10
11-10
02-11
05-11
08-11
11-11
02-12
05-12
08-12
11-12
02-13
05-13
08-13
11-13
02-14
05-14
08-14
11-14
02-15
05-15
08-15
11-15
02-16
05-16
08-16
11-16
In January to November 2016, euro area exports of goods to the rest of the world stood at €1 869.0 bn (nearly stable compared with January-November 2015) and imports at €1 620.8 bn (a decrease of 2% compared with January-November 2015). As a result the euro area recorded a surplus of €248.2 bn, compared with +€214.3 bn in January-November 2015. Intra-euro area trade rose to €1 569.0 bn in January-November 2016, up by 1% compared with January-November 2015.
EA19 trade - non seasonally adjusted data bn €Flows | Nov 15 | Nov 16 | Growth | Jan-Nov 15 | Jan-Nov 16 | Growth |
Extra-EA19 exports | 173.8 | 184.2 | 6% | 1 872.9 | 1 869.0 | 0% |
Extra-EA19 imports | 150.9 | 158.3 | 5% | 1 658.6 | 1 620.8 | -2% |
Extra-EA19 trade balance | 22.9 | 25.9 | 214.3 | 248.2 | ||
Intra-EA19 trade | 146.1 | 154.0 | 5% | 1 557.8 | 1 569.0 | 1% |
The first estimate for extra-EU28 exports of goods in November 2016 was €156.8 billion, up by 5% compared with November 2015 (€148.7 bn). Imports from the rest of the world stood at €149.9 bn, also up by 5% compared with November 2015 (€143.0 bn). As a result, the EU28 recorded a €6.9 bn surplus in trade in goods with the rest of the world in November 2016, compared with +€5.7 bn in November 2015. Intra-EU28 trade rose to €281.0 bn in November 2016, +5% compared with November 2015.
International trade in goods of the EU28, € bn180
Imports
Exports
160
140
120
100
80
60
05-05
08-05
11-05
02-06
05-06
08-06
11-06
02-07
05-07
08-07
11-07
02-08
05-08
08-08
11-08
02-09
05-09
08-09
11-09
02-10
05-10
08-10
11-10
02-11
05-11
08-11
11-11
02-12
05-12
08-12
11-12
02-13
05-13
08-13
11-13
02-14
05-14
08-14
11-14
02-15
05-15
08-15
11-15
02-16
05-16
08-16
11-16
In January to November 2016, extra-EU28 exports of goods stood at €1 581.2 bn (a decrease of 3% compared with January-November 2015) and imports at €1 561.0 bn (a decrease of 2% compared with January-November 2015). As a result, the EU28 recorded a surplus of €20.2 bn, compared with +€39.3 bn in January-November 2015. Intra-EU28 trade rose to €2 857.9 bn in January-November 2016, +1% compared with January-November 2015.
EU28 trade - non seasonally adjusted data bn €Flows | Nov 15 | Nov 16 | Growth | Jan-Nov 15 | Jan-Nov 16 | Growth |
Extra-EU28 exports | 148.7 | 156.8 | 5% | 1 633.1 | 1 581.2 | -3% |
Extra-EU28 imports | 143.0 | 149.9 | 5% | 1 593.8 | 1 561.0 | -2% |
Extra-EU28 trade balance | 5.7 | 6.9 | 39.3 | 20.2 | ||
Intra-EU28 dispatches | 268.8 | 281.0 | 5% | 2 831.5 | 2 857.9 | 1% |
The source dataset is available here.
Main products - EU28 bn €Extra-EU28 exports | Extra-EU28 imports | Trade balance | ||||||
Jan-Nov 15 | Jan-Nov 16 | Growth | Jan-Nov 15 | Jan-Nov 16 | Growth | Jan-Nov 15 | Jan-Nov 16 | |
Total | 1 633.1 | 1 581.2 | -3% | 1 593.8 | 1 561.0 | -2% | 39.3 | 20.2 |
Primary goods: | 222.1 | 210.9 | -5% | 471.0 | 398.2 | -15% | -249.0 | -187.3 |
Food & drink | 103.2 | 105.8 | 3% | 99.3 | 99.5 | 0% | 3.9 | 6.3 |
Raw materials | 39.8 | 38.9 | -2% | 66.1 | 62.2 | -6% | -26.3 | -23.2 |
Energy | 79.1 | 66.2 | -16% | 305.6 | 236.5 | -23% | -226.5 | -170.3 |
Manufactured goods: | 1 344.8 | 1 322.2 | -2% | 1 079.6 | 1 087.1 | 1% | 265.2 | 235.1 |
Chemicals | 289.8 | 287.9 | -1% | 170.8 | 170.5 | 0% | 119.0 | 117.4 |
Machinery & vehicles | 686.3 | 672.7 | -2% | 491.7 | 502.4 | 2% | 194.6 | 170.3 |
Other manuf'd goods | 368.7 | 361.7 | -2% | 417.1 | 414.2 | -1% | -48.4 | -52.5 |
Other | 66.3 | 48.1 | -27% | 43.1 | 75.7 | 76% | 23.1 | -27.7 |
The source dataset is available here.
Main trading partners - EU28 bn €EU28 exports to | EU28 imports from | Trade balance | ||||||
Jan-Nov 15 | Jan-Nov 16 | Growth | Jan-Nov 15 | Jan-Nov 16 | Growth | Jan-Nov 15 | Jan-Nov 16 | |
United States | 341.3 | 331.6 | -3% | 229.3 | 226.4 | -1% | 112.0 | 105.2 |
China | 155.8 | 153.1 | -2% | 321.8 | 315.3 | -2% | -165.9 | -162.2 |
Switzerland | 135.7 | 127.1 | -6% | 94.2 | 113.2 | 20% | 41.5 | 14.0 |
Russia | 68.0 | 66.5 | -2% | 126.8 | 106.8 | -16% | -58.8 | -40.3 |
Turkey | 72.7 | 70.9 | -2% | 56.4 | 61.3 | 9% | 16.3 | 9.7 |
Japan | 51.3 | 52.9 | 3% | 55.0 | 61.1 | 11% | -3.7 | -8.2 |
Norway | 44.9 | 44.3 | -1% | 68.7 | 57.0 | -17% | -23.8 | -12.7 |
South Korea | 43.6 | 39.7 | -9% | 39.4 | 38.0 | -3% | 4.2 | 1.7 |
India | 34.6 | 34.3 | -1% | 36.8 | 36.5 | -1% | -2.2 | -2.1 |
Canada | 32.5 | 32.3 | -1% | 26.0 | 26.4 | 2% | 6.5 | 5.9 |
Total exports | Total imports | Trade balance | ||||||||||||||||
Total | Intra-EU | Extra-EU | Total | Intra-EU | Extra-EU | Total | Intra-EU | Extra-EU | ||||||||||
Jan-Nov 16 | Growth / Jan-Nov 15 | Jan-Nov 16 | Growth / Jan-Nov 15 | Jan-Nov 16 | Growth / Jan-Nov 15 | Jan-Nov 16 | Growth / Jan-Nov 15 | Jan-Nov 16 | Growth / Jan-Nov 15 | Jan-Nov 16 | Growth / Jan-Nov 15 | Jan-Nov 16 | Jan-Nov 15 | Jan-Nov 16 | Jan-Nov 15 | Jan-Nov 16 | Jan-Nov 15 | |
Belgium | 325.6 | -1% | 234.9 | -1% | 90.7 | -2% | 299.9 | -4% | 187.1 | -4% | 112.8 | -3% | 25.7 | 18.0 | 47.8 | 41.5 | -22.1 | -23.5 |
Bulgaria | 21.4 | 2% | 14.7 | 7% | 6.8 | -8% | 23.7 | -2% | 15.8 | 2% | 7.9 | -9% | -2.3 | -3.0 | -1.1 | -1.7 | -1.1 | -1.3 |
Czech Republic | 135.6 | 3% | 113.8 | 4% | 21.8 | 0% | 117.9 | 1% | 93.6 | 4% | 24.2 | -8% | 17.7 | 14.4 | 20.1 | 19.0 | -2.4 | -4.6 |
Denmark | 78.9 | -1% | 48.5 | -1% | 30.4 | -1% | 70.7 | 0% | 50.3 | 3% | 20.4 | -6% | 8.2 | 8.6 | -1.8 | -0.1 | 10.0 | 8.8 |
Germany | 1 112.8 | 1% | 654.1 | 2% | 458.7 | -1% | 874.5 | 0% | 580.9 | 1% | 293.5 | -2% | 238.3 | 229.5 | 73.1 | 67.8 | 165.2 | 161.8 |
Estonia | 10.9 | 2% | 8.1 | 1% | 2.8 | 8% | 12.4 | 3% | 10.2 | 4% | 2.2 | -1% | -1.5 | -1.4 | -2.1 | -1.8 | 0.7 | 0.4 |
Ireland | 106.7 | 4% | 54.2 | -1% | 52.5 | 10% | 61.9 | 0% | 41.8 | 3% | 20.0 | -7% | 44.9 | 40.5 | 12.4 | 14.2 | 32.5 | 26.3 |
Greece | 23.1 | -2% | 13.2 | 2% | 10.0 | -8% | 40.0 | 0% | 21.9 | 4% | 18.0 | -4% | -16.8 | -16.2 | -8.8 | -8.3 | -8.1 | -8.0 |
Spain | 238.3 | 2% | 159.2 | 5% | 79.1 | -3% | 255.1 | -1% | 157.3 | 1% | 97.9 | -4% | -16.8 | -23.8 | 1.9 | -3.1 | -18.8 | -20.8 |
France | 411.2 | -2% | 247.3 | 0% | 163.9 | -4% | 473.0 | 0% | 327.2 | 1% | 145.8 | -3% | -61.8 | -56.1 | -80.0 | -77.5 | 18.2 | 21.3 |
Croatia | 11.2 | 4% | 7.4 | 4% | 3.8 | 5% | 17.8 | 4% | 13.8 | 4% | 4.0 | 3% | -6.6 | -6.4 | -6.4 | -6.2 | -0.1 | -0.2 |
Italy | 380.8 | 1% | 214.5 | 3% | 166.3 | -2% | 335.0 | -2% | 202.9 | 1% | 132.1 | -7% | 45.8 | 36.2 | 11.6 | 8.9 | 34.2 | 27.3 |
Cyprus | 1.5 | 0% | 0.7 | -10% | 0.8 | 11% | 5.3 | 15% | 4.0 | 17% | 1.3 | 9% | -3.8 | -3.1 | -3.2 | -2.6 | -0.5 | -0.5 |
Latvia | 9.9 | -1% | 7.0 | 0% | 2.9 | -4% | 11.6 | -3% | 9.4 | -1% | 2.2 | -9% | -1.7 | -1.9 | -2.4 | -2.5 | 0.7 | 0.6 |
Lithuania | 20.5 | -2% | 12.5 | -4% | 8.0 | -1% | 22.3 | -4% | 15.7 | -1% | 6.6 | -12% | -1.8 | -2.3 | -3.2 | -2.8 | 1.4 | 0.6 |
Luxembourg | 13.5 | -4% | 11.3 | -5% | 2.3 | 0% | 17.9 | -7% | 13.7 | -1% | 4.2 | -21% | -4.4 | -5.2 | -2.4 | -2.1 | -2.0 | -3.1 |
Hungary | 84.9 | 3% | 69.4 | 3% | 15.5 | 3% | 77.8 | 1% | 60.4 | 3% | 17.4 | -3% | 7.1 | 5.5 | 9.0 | 8.3 | -1.9 | -2.8 |
Malta | 2.5 | 18% | 1.0 | 0% | 1.5 | 33% | 5.2 | 7% | 2.8 | -12% | 2.5 | 44% | -2.7 | -2.7 | -1.8 | -2.2 | -0.9 | -0.6 |
Netherlands | 468.2 | -1% | 354.3 | -1% | 113.9 | 0% | 413.7 | -2% | 194.4 | 0% | 219.2 | -5% | 54.6 | 47.0 | 159.9 | 163.1 | -105.3 | -116.1 |
Austria | 126.5 | 0% | 89.5 | 0% | 37.0 | -2% | 129.9 | 0% | 101.3 | 2% | 28.6 | -4% | -3.4 | -2.5 | -11.8 | -10.3 | 8.4 | 7.8 |
Poland | 167.6 | 1% | 133.5 | 1% | 34.1 | 1% | 163.3 | 0% | 118.0 | 2% | 45.3 | -5% | 4.3 | 2.3 | 15.5 | 16.2 | -11.2 | -13.9 |
Portugal | 46.2 | 0% | 34.9 | 4% | 11.3 | -10% | 55.6 | 0% | 43.3 | 2% | 12.2 | -7% | -9.4 | -9.3 | -8.4 | -8.7 | -1.0 | -0.6 |
Romania | 53.1 | 5% | 40.0 | 7% | 13.1 | -1% | 61.8 | 7% | 47.8 | 7% | 14.0 | 6% | -8.8 | -7.2 | -7.8 | -7.2 | -1.0 | 0.0 |
Slovenia | 27.3 | 3% | 20.6 | 2% | 6.7 | 6% | 25.2 | 2% | 17.9 | 4% | 7.4 | -1% | 2.1 | 1.9 | 2.8 | 3.0 | -0.7 | -1.1 |
Slovakia | 64.6 | 3% | 55.3 | 3% | 9.4 | 2% | 62.4 | 3% | 50.0 | 4% | 12.4 | -4% | 2.2 | 1.9 | 5.2 | 5.6 | -3.0 | -3.8 |
Finland | 47.6 | -3% | 28.1 | -3% | 19.5 | -3% | 49.5 | 0% | 36.3 | 0% | 13.2 | -2% | -1.9 | -0.3 | -8.2 | -7.0 | 6.3 | 6.7 |
Sweden | 114.8 | -1% | 68.2 | 1% | 46.7 | -2% | 115.6 | 1% | 82.5 | 3% | 33.1 | -4% | -0.8 | 1.0 | -14.3 | -12.3 | 13.5 | 13.3 |
United Kingdom | 333.5 | -12% | 161.9 | -5% | 171.6 | -17% | 529.0 | 1% | 266.7 | -5% | 262.3 | 8% | -195.4 | -144.1 | -104.8 | -109.4 | -90.7 | -34.7 |
Geographical information
The euro area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The European Union (EU28) includes Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.
Methods and definitions
Since the introduction of Intrastat for intra-EU trade on 1 January 1993, the value of dispatches has been consistently higher than that of arrivals. In theory, as dispatches are declared FOB and arrivals CIF, the value of arrivals should be slightly higher than that of dispatches. Eurostat uses dispatches as the more reliable measure of total intra-EU trade as, at aggregated levels, total dispatches has better coverage than total arrivals. Due to this divergence in intra-EU trade, and to the difficulties of interpreting figures in absolute terms at the level of individual Member States, trade balances for individual Member States must be interpreted with caution. The same caution applies to the trade balance of the euro area, which includes some intra-EU trade.
National concepts may differ from the harmonised methodology used by Eurostat, leading to differences between figures in this release and those published nationally, both for raw data and for seasonally adjusted series.
Products are classified according to the Standard international trade classification (SITC), Revision 4.
Revisions and timetable
This News Release is based on data available on 11 January 2017. These are provisional figures based on information provided by Member States. They are subject to frequent revision for up to two years after the month in question.
For more information
Eurostat website section on international trade in goods Eurostat database section on international trade in goods
Eurostat Statistics Explained article on international trade in goods statistics Eurostat €-indicators release calendar
Issued by: Eurostat Press Office
Vincent BOURGEAIS Tel: +352-4301-33 444eurostat-pressoffice@ec.europa.eu
ec.europa.eu/eurostat/
For further information on data:
Michele MAROTTA Tel: +352-4301-32 493estat-etfree@ec.europa.eu
@EU_Eurostat
Media requests: Eurostat media support / Tel: +352-4301-33 408 / eurostat-mediasupport@ec.europa.euEUROSTAT - European Union Statistical Office published this content on 16 January 2017 and is solely responsible for the information contained herein.
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