OREANDA-NEWS. The first estimate for euro area (EA19) exports of goods to the rest of the world in November 2015 was €173.5 billion, an increase of 6% compared with November 2014 (€163.6 bn). Imports from the rest of the world stood at €149.9 bn, a rise of 5% compared with November 2014 (€143.5 bn). As a result, the euro area recorded a €23.6 bn surplus in trade in goods with the rest of the world in November 2015, compared with +€20.1 bn in November 2014. Intra-euro area trade rose to €145.7 bn in November 2015, up by 5% compared with November 2014.

In January to November 2015, euro area exports of goods to the rest of the world rose to €1 873.0 bn (an increase of 5% compared with January-November 2014), while imports rose to €1 650.9 bn (an increase of 2% compared with January-November 2014). As a result the euro area recorded a surplus of €222.1 bn, compared with +€160.7 bn in January-November 2014. Intra-euro area trade rose to €1 558.0 bn in January-November 2015, up by 3% compared with January-November 2014.

European Union

The first estimate for extra-EU28 exports of goods in November 2015 was €148.2 billion, up by 2% compared with November 2014 (€145.6 bn). Imports from the rest of the world stood at €142.4 bn, up by 5% compared with November 2014 (€136.1 bn). As a result, the EU28 recorded a €5.9 bn surplus in trade in goods with the rest of the world in November 2015, compared with +€9.5 bn in November 2014. Intra-EU28 trade rose to €268.3 bn in November 2015, +7% compared with November 2014.

In January to November 2015, extra-EU28 exports of goods rose to €1 633.2 bn (an increase of 5% compared with January-November 2014), while imports rose to €1 589.0 bn (an increase of 2% compared with January-November 2014). As a result, the EU28 recorded a surplus of €44.2 bn, compared with +€1.9 bn in January-November 2014. Intra-EU28 trade rose to €2 830.6 bn in January-November 2015, +5% compared with January-November 2014.