Imports to the Euro Area jumped 26.6 percent from a year earlier to EUR 179.5 billion in August 2021, amid a rally in energy prices. Purchases were sharply up for fuels and lubricants (84.4 percent), crude materials (65.4 percent) and manufactured goods (17.2 percent), including chemicals and machinery & transport equipment. Among major trade partners, imports rose from Russia (107.1 percent), the US (18.4 percent), Switzerland (20.3 percent) and China (27.8 percent), but declined from the UK (-10.6 percent). source: EUROSTAT
Imports in the Euro Area averaged 127500.09 EUR Million from 1999 until 2021, reaching an all time high of 196611.90 EUR Million in March of 2021 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. Euro Area Imports - values, historical data and charts - was last updated on October of 2021.
Imports in Euro Area is expected to be 164000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Imports is projected to trend around 169000.00 EUR Million in 2022 and 175000.00 EUR Million in 2023, according to our econometric models.