Eurozone Trade Surplus Narrows Less than Expected


The Euro Area trade surplus narrowed to EUR 20.6 billion in June 2019 from EUR 22.6 billion in the corresponding month of the previous year and easily beating market forecasts of a EUR 16.3 billion surplus.

Exports fell 4.7 percent from a year earlier to EUR 189.9 billion in June from last year's EUR 199.3 billion, while imports decreased at a softer 4.1 percent to EUR 169.3 billion from EUR 176.6 billion. Intra-euro area trade dropped 6.6 percent year-on-year to EUR 160.5 billion in June.

Considering the first half of the year, the trade surplus narrowed to EUR 102.2 billion from EUR 103.6 in the same period a year ago, with exports rising 3.2 percent to EUR 1,163.3 billion and imports advancing 3.7 percent to EUR 1,061.2 billion.

Eurozone Trade Surplus Narrows Less than Expected


Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/16/2019 9:26:43 AM