European Union recorded a trade deficit of 12055 EUR Million in August of 2019. Balance of Trade in European Union averaged -7326.53 EUR Million from 1999 until 2019, reaching an all time high of 21466.40 EUR Million in December of 2016 and a record low of -34765.70 EUR Million in January of 2008.

Balance of Trade in European Union is expected to be 4900.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in European Union to stand at 9200.00 in 12 months time. In the long-term, the European Union Balance of Trade is projected to trend around 5100.00 EUR Million in 2020, according to our econometric models.

European Union Balance of Trade
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European Union Trade Last Previous Highest Lowest Unit
Current Account To GDP 1.20 1.20 1.30 -2.20 percent [+]
Exports 154204.80 181861.90 181861.90 42243.20 EUR Million [+]
Imports 166259.80 182005.60 187674.00 52217.00 EUR Million [+]
Balance of Trade -12055.00 -143.70 21466.40 -34765.70 EUR Million [+]


European Union Balance of Trade

This page provides the latest reported value for - European Union Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-12055.00 -143.70 21466.40 -34765.70 1999 - 2019 EUR Million Monthly
NSA




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3787.85 Aug/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 1152.71 Aug/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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