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The first estimate for euro area (EA19) exports of goods to the rest of the world in January 2017 was €163.9 billion, an increase of 13% compared with January 2016 (€144.9 bn). Imports from the rest of the world stood at €164.5 bn, a rise of 17% compared with January 2016 (€140.1 bn). As a result, the euro area recorded a €0.6 bn deficit in trade in goods with the rest of the world in January 2017, compared with a surplus of €4.8 bn in January 2016.

Intra-euro area trade rose to €145.7 bn in January 2017, up by 10% compared with January 2016. These data are released by Eurostat, the statistical office of the European Union. In 2016, euro area exports of goods to the rest of the world stood at €2 047.7 bn (nearly stable compared with 2015) and imports at €1 775.8 bn (a decrease of 2% compared with the previous year). As a result the euro area recorded a surplus of €271.9 bn, compared with +€238.7 bn in 2015. Intra-euro area trade rose to €1 709.6 bn in 2016, up by 1% compared with 2015.

European Union.   The first estimate for extra-EU28 exports of goods in January 2017 was €141.2 billion, up by 16% compared with January 2016 (€121.4 bn). Imports from the rest of the world stood at €157.4 bn, up by 18% compared with January 2016 (€133.5 bn). As a result, the EU28 recorded a €16.2 bn deficit in trade in goods with the rest of the world in January 2017, compared with -€12.1 bn in January 2016. Intra-EU28 trade rose to €262.4 bn in January 2017, +10% compared with January 2016.

 

In 2016, extra-EU28 exports of goods stood at €1 745.5 bn (a decrease of 2% compared 2015) and imports at €1 707.7 bn (a decrease of 1% compared with 2015). As a result, the EU28 recorded a surplus of €37.7 bn, compared with +€59.9 bn in 2015. Intra-EU28 trade rose to €3 109.7 bn in 2016, +1% compared with 2015. 

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