Exports in Eurozone

Eurozone Exports | Economic News & Forecasts

Eurozone - Exports

The economy expanded at a weaker pace in Q1 2022. Germany, the Euro area’s largest economy, came close to falling into a recession. Soaring inflation and souring consumer sentiment seemingly hit household spending in the currency area. That said, manufacturing activity likely held up better, with average PMI readings in Q1 remaining roughly at Q4 levels. Moving to Q2, looser Covid-19 restrictions boosted the PMI in April. However, still-downbeat consumer sentiment in April, coupled with tightening financial conditions and high energy and commodity prices, bodes poorly for activity. Meanwhile, the ongoing conflict in Ukraine and the adoption of further sanctions against Russia by the EU spell trouble for momentum ahead. In politics, the presidential election victory in April of the pro-EU politician Emmanuel Macron in France will likely boost the political stability of EU institutions.

Eurozone - Exports Data

2015   2016   2017   2018   2019  
Exports (EUR billion)2,342  2,341  2,551  2,767  2,690  

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Note: Exports in EUR billion
Source: Eurostat.

Eurozone Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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