European Union recorded a trade surplus of 14956.80 EUR Million in December of 2019. European Union Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Balance of Trade in European Union averaged -7160.84 EUR Million from 1999 until 2019, reaching an all time high of 21555.80 EUR Million in December of 2016 and a record low of -34765.70 EUR Million in January of 2008. 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.
Balance of Trade in European Union is expected to be 900.00 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 2100.00 in 12 months time. In the long-term, the European Union Balance of Trade is projected to trend around 2100.00 EUR Million in 2021, according to our econometric models.