Trade Balance in Eurozone

Eurozone Trade Balance (EUR) | Economic News & Forecasts

Eurozone - Trade Balance (Euros)

A second estimate confirmed that the Eurozone economy cooled markedly in the final quarter of 2019, while weak available data and the coronavirus outbreak bode ill for the first quarter of this year. A notable downturn in the industrial sector against the backdrop of global trade tensions, subdued demand from key trading partners and sustained political uncertainty weighed on the economy in the fourth quarter. Turning to Q1 2020, still-weak consumer and business confidence in January-February suggest economic activity will remain feeble. Moreover, the outbreak of coronavirus in Italy and its spread to other Euro area countries look set to hit the manufacturing and tourism sectors. In politics, the resignation of Annegret Kramp-Karrenbauer, Merkel’s obvious successor, highlights tensions between government coalition partners, stoking political uncertainty in Europe’s largest economy.

Eurozone - Trade Balance (EUR) Data

2014   2015   2016   2017   2018  
Trade Balance (EUR billion)242  348  362  347  296  

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Eurozone Trade Balance (EUR) Chart


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

Eurozone Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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