OREANDA-NEWS. The first estimate for euro area (EA19) exports of goods to the rest of the world in October 2015 was €181.1 billion, an increase of 1% compared with October 2014 (€180.1 bn). Imports from the rest of the world stood at €157.0 bn, nearly stable compared with October 2014 (€157.7 bn). As a result, the euro area recorded a €24.1 bn surplus in trade in goods with the rest of the world in October 2015, compared with +€22.4 bn in October 2014. Intra-euro area trade rose to €150.1 bn in October 2015, up by 1% compared with October 2014.

In January to October 2015, euro area exports of goods to the rest of the world rose to €1 699.7 bn (an increase of 5% compared with January-October 2014), while imports rose to €1 499.9 bn (an increase of 2% compared with January-October 2014). As a result the euro area recorded a surplus of €199.7 bn, compared with +€140.5 bn in January-October 2014. Intra-euro area trade rose to €1 412.5 bn in January-October 2015, up by 3% compared with January-October 2014.

European Union

The first estimate for extra-EU28 exports of goods in October 2015 was €154.0 billion, down by 2% compared with October 2014 (€157.1 bn). Imports from the rest of the world stood at €150.8 bn, nearly stable compared with October 2014 (€151.1 bn). As a result, the EU28 recorded a €3.2 bn surplus in trade in goods with the rest of the world in October 2015, compared with +€6.0 bn in October 2014. Intra-EU28 trade rose to €274.2 bn in October 2015, +2% compared with October 2014.

In January to October 2015, extra-EU28 exports of goods rose to €1 485.0 bn (an increase of 5% compared with January-October 2014), while imports rose to €1 446.0 bn (an increase of 2% compared with January-October 2014). As a result, the EU28 recorded a surplus of €39.0 bn, compared with a deficit of €7.7 bn in January-October 2014. Intra-EU28 trade rose to €2 561.3 bn in January-October 2015, +4% compared with January-October 2014.