Trade Balance in Eurozone

Eurozone Trade Balance (EUR) | Economic News & Forecasts

Eurozone - Trade Balance (Euros)

Detailed data confirmed that broad-based malaise drove the Eurozone economy to slow notably in the third quarter, with growth recording the softest reading in four years. Notably, export growth contracted amid cooling global trade, while the industrial sector was also hurt as the automobile sector was disrupted by new emissions tests. Available data for the fourth quarter points to mixed momentum. In October, industrial production rebounded and the unemployment rate was stable. However, sentiment slid in November and the composite PMI plunged to a four-year low in December. In the political arena, European leaders agreed to make a common-budget for the Eurozone on 14 December, accepting a slimmed-down version of an idea touted by French President Emmanuel Macron. The budget would be used to spur investment and reduce economic disparity among economies and is a sign of renewed life in Eurozone reforms. Most of the difficult decisions regarding the budget, including its size, have yet to be agreed upon and a proper proposal is expected in June. The budget could face lengthy negotiations to pass given the differing views among heads of states over the matter.

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 Rate1.140.65 %Jan 16
Stock Market1,067-0.52 %Jan 16

Sample Report

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

Download

Start Your Free 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