Imports to the Euro Area slumped 4.6 percent from a year earlier to EUR 177.0 billion in November 2019, due to lower purchases of machinery and transport equipment (-2.9 percent), mineral fuels, lubricants and related materials (-12.5 percent), miscellaneous manufactured articles (-2.0 percent), chemicals and related products, n.e.s. (-2.1 percent), manufactured goods classified chiefly by material (-14.1 percent), and food and live animals (-3.6 percent). Among key trade partners, imports were down from China (-3.3 percent), the US (-4.1 percent), the UK (-4.7 percent), Switzerland (-0.9 percent), Russia (-17.7 percent), Turkey (-0.2 percent), Japan (-1.7 percent), South Korea (-4.0 percent), Norway (-22.7 percent) and India (-4.1 percent). Imports from Canada increased 11.5 percent.

Imports in the Euro Area averaged 124165.91 EUR Million from 1999 until 2019, reaching an all time high of 196134.30 EUR Million in October of 2018 and a record low of 55698.40 EUR Million in January of 1999. This page provides the latest reported value for - Euro Area Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Eurostat

Imports in Euro Area is expected to be 178100.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Euro Area to stand at 172000.00 in 12 months time. In the long-term, the Euro Area Imports is projected to trend around 175000.00 EUR Million in 2020, according to our econometric models.


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Euro Area Imports

Actual Previous Highest Lowest Dates Unit Frequency
177024.80 190875.90 196134.30 55698.40 1999 - 2019 EUR Million Monthly
NSA

Euro Area Imports
Euro Area main imports are energy, manufactured goods and machinery. Main imports partners are China (12 percent of total imports) and United Kingdom (10 percent). Others include: United States, Russia, Switzerland and Japan. The biggest importers within the Euro Area are Germany, Italy, France and Netherlands.

Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 20720.40 27619.20 30614.30 -16297.90 EUR Million [+]
Current Account 36.59 44.39 51.10 -33.54 EUR Billion [+]
Current Account to GDP 3.10 3.10 3.20 -1.50 percent [+]
Imports 177024.80 190875.90 196134.30 55698.40 EUR Million [+]
Exports 197745.20 218495.10 218495.10 53045.90 EUR Million [+]
External Debt 15089197.68 14695492.50 15089197.68 5501622.00 EUR Million [+]
Capital Flows 41.59 62.44 81.77 -86.64 EUR Billion [+]
Gold Reserves 504.77 504.80 766.88 501.45 Tonnes [+]

Euro Area Imports by Country Last Previous
Imports From Extra Ea18- Machinery & Transport Equipment 64821.10 68597.30 EUR Million Nov/19
Euro Area Imports by Category Last Previous
Extra-ea18 - Intermediate Goods 103778.20 98076.50 EUR Million Oct/19
Extra-ea18 - Consumer Goods 50798.70 47670.90 EUR Million Oct/19
Extra-ea18 - Capital Goods 33283.90 28777.20 EUR Million Oct/19
Extra Ea18 - Energy 25783.40 25873.50 EUR Million Nov/19
Extra Ea18 - Chemicals 20380.60 22424.90 EUR Million Nov/19
Extra Ea18 - Food 11638.70 12756.50 EUR Million Nov/19
Extra Ea18 - Raw Materials 6718.20 7924.20 EUR Million Nov/19

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category