European Union recorded a trade surplus of 21149.10 EUR Million in February of 2021. source: EUROSTAT
Balance of Trade in European Union averaged 4198.82 EUR Million from 1999 until 2021, reaching an all time high of 30045.60 EUR Million in December of 2020 and a record low of -20050.10 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. European Union Balance of Trade - values, historical data and charts - was last updated on May of 2021.
Balance of Trade in European Union is expected to be 28200.00 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 23100.00 in 12 months time. In the long-term, the European Union Balance of Trade is projected to trend around 22700.00 EUR Million in 2022, according to our econometric models.