Trade Balance in Eurozone

Eurozone Trade Balance (EUR) | Economic News & Forecasts

Eurozone - Trade Balance (Euros)

The economy likely stayed in a soft patch in the first quarter, plagued by problems in the manufacturing sector and a weaker external backdrop. Economic sentiment fell throughout Q1, recording the worst reading in over two years in March, while declining export orders alongside transitory issues caused industrial output to drop in February and kept the manufacturing PMI in contractionary territory in March. That said, a solid labor market should continue to keep activity in the black. Leading data for Q2 has so far been lackluster, with the composite PMI falling in April. Moreover, on the political front, uncertainty continues to reign. While the EU recently approved an extension to the UK’s exit date, questions linger over if and when Brexit will occur and what it will entail. Meanwhile, on 15 April, the EU approved a mandate to open trade talks with the U.S. amid ongoing threats of tariffs from its largest trading partner.

Eurozone - Trade Balance (EUR) Data

2013  2014  2015  2016  2017  
Trade Balance (EUR billion)207  242  359  375  345  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Eurozone Trade Balance (EUR) Chart


Euro Trade
Note: Trade balance in EUR billion.
Source: Eurostat.

Eurozone Facts

ValueChangeDate
Exchange Rate1.120.65 %May 13
Stock Market1,141-0.52 %May 13

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form