Exports from the Euro Area dropped 2.9 percent from a year earlier to EUR 197.7 billion in November 2019, due mostly to falling sales of machinery and transport equipment (-6.1 percent), manufactured goods classified chiefly by material (-9.3 percent), and mineral fuels, lubricants and related materials (-14.3 percent). In contrast, there were increases in exports of chemicals and related products, n.e.s. (0.9 percent), miscellaneous manufactured articles (0.5 percent), and food and live animals (4.0 percent). Among key trade partners, exports were down to the US (-2.0 percent), the UK (-11.4 percent), China (-2.8 percent), South Korea (-4.9 percent), and Norway (-9.9 percent); but were up to Switzerland (4.7 percent), Russia (2.9 percent), Turkey (22.7 percent), Japan (1.7 percent), India (0.7 percent) and Canada (3.8 percent).
Exports in the Euro Area averaged 130830.69 EUR Million from 1999 until 2019, reaching an all time high of 218495.10 EUR Million in October of 2019 and a record low of 53045.90 EUR Million in January of 1999. This page provides the latest reported value for - Euro Area Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Eurostat
Exports in Euro Area is expected to be 198000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Euro Area to stand at 179000.00 in 12 months time. In the long-term, the Euro Area Exports is projected to trend around 188000.00 EUR Million in 2020, according to our econometric models.