Trade Balance in Eurozone

Eurozone Trade Balance (EUR) | Economic News & Forecasts

Eurozone - Trade Balance (Euros)

Flash estimates revealed that the Eurozone economy remained stuck in a low gear in the fourth quarter. Growth was unchanged from Q3’s pace, which had marked the slowest expansion in over four years. While a detailed breakdown of the drivers is not yet available, soft domestic dynamics likely hobbled the economy amid a downturn in the industrial sector and deteriorating confidence. Available data for this year tells a similar story. Economic sentiment dropped to an over two-year low in January, and the manufacturing PMI fell into contractionary territory in February for the first time since June 2013. A high degree of uncertainty also continues to plague the growth environment. A confidential report by the U.S. Commerce Department released in February is expected to have cleared the way for President Donald Trump to levy tariffs on EU automobiles if a favorable trade agreement is not struck. Meanwhile, the Brexit deadline inches ever closer without a clear plan for the UK’s exit.

Eurozone - Trade Balance (EUR) Data

2013  2014  2015  2016  2017  
Trade Balance (EUR billion)207  242  359  375  345  

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Eurozone Trade Balance (EUR) Chart


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

Eurozone Facts

ValueChangeDate
Exchange Rate1.140.65 %Mar 20
Stock Market1,164-0.52 %Mar 20

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