Eurozone Posts Decline in July Foreign Trade Surplus
(MENAFN) The euro area’s foreign trade surplus narrowed sharply in July, reaching €12.4 billion ($14.57 billion), down from €18.5 billion recorded in the same month last year, according to Eurostat.
Data from Eurostat reveals that exports across the union totaled €251.5 billion in August, marking a modest 0.4% increase year-on-year. Meanwhile, imports climbed more steeply by 3.1%, reaching €239.1 billion.
For the January-July period, the euro area’s trade surplus declined to €106.9 billion, a drop from €120.4 billion during the same period in 2024.
Exports of goods from the euro area to global markets rose 3.5% to €1.74 trillion, while imports grew 4.7% to €1.63 trillion. Intra-euro area trade also expanded, rising 1.6% to €1.55 trillion over the seven-month span compared to the prior year.
The European Union mirrored this trend, posting a reduced surplus of €91.8 billion in January-July, down from €108.9 billion last year. EU exports increased to €1.57 trillion, while imports climbed to €1.48 trillion.
Data from Eurostat reveals that exports across the union totaled €251.5 billion in August, marking a modest 0.4% increase year-on-year. Meanwhile, imports climbed more steeply by 3.1%, reaching €239.1 billion.
For the January-July period, the euro area’s trade surplus declined to €106.9 billion, a drop from €120.4 billion during the same period in 2024.
Exports of goods from the euro area to global markets rose 3.5% to €1.74 trillion, while imports grew 4.7% to €1.63 trillion. Intra-euro area trade also expanded, rising 1.6% to €1.55 trillion over the seven-month span compared to the prior year.
The European Union mirrored this trend, posting a reduced surplus of €91.8 billion in January-July, down from €108.9 billion last year. EU exports increased to €1.57 trillion, while imports climbed to €1.48 trillion.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Market Research

- TOKEN2049 Singapore Breaks Records: 25,000 Attendees At The World's Largest Web3 Event
- Permissionless Data Hub Baselight Taps Walrus To Activate Data Value Onchain
- Newcastle United Announce Multi-Year Partnership With Bydfi
- Ethereum Meme Coin Little Pepe Crosses $25M, Announces 15 ETH Giveaway
- Canada Real Estate Market Size, Share, Trends & Growth Opportunities 2033
- Everstake Expands Institutional Solana Services With Shredstream, Swqos, And Validator-As-A-Service
Comments
No comment