European Union recorded a trade surplus of 7819.20 EUR Million in May of 2019. Balance of Trade in European Union averaged -7431.32 EUR Million from 1999 until 2019, reaching an all time high of 21400.30 EUR Million in December of 2016 and a record low of -34765.70 EUR Million in January of 2008.

Balance of Trade in European Union is expected to be -2600.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in European Union to stand at 4900.00 in 12 months time. In the long-term, the European Union Balance of Trade is projected to trend around 5100.00 EUR Million in 2020, according to our econometric models.

European Union Balance of Trade
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Forecast Data Chart
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European Union Trade Last Previous Highest Lowest Unit
Current Account To GDP 1.30 1.30 1.30 -2.20 percent [+]
Exports 178503.00 171118.80 180053.30 42243.20 EUR Million [+]
Imports 170683.80 169671.20 187495.60 52217.00 EUR Million [+]
Balance of Trade 7819.20 1447.60 21400.30 -34765.70 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



European Union Balance of Trade

This page provides the latest reported value for - European Union Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7819.20 1447.60 21400.30 -34765.70 1999 - 2019 EUR Million Monthly
NSA




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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