Euro area trade surplus more than doubles to $21.53 bn in October

The surplus was unchanged from September 2025. Compared with October 2024, the trade balance improved by €11.3 billion, largely due to a narrower energy deficit, which eased to €-17.0 billion from €-24.7 billion, Eurostat said in a press release.

In the January–October 2025 period, the euro area posted a cumulative surplus of €144.6 billion, slightly higher than €141.4 billion a year earlier. Exports during the period rose 2.9 per cent to €2.46 trillion, while imports increased 3 per cent to €2.32 trillion. Intra-euro area trade climbed 1.6 per cent to €2.20 trillion.

Meanwhile, the European Union (EU) recorded a €14.7 billion trade surplus with the rest of the world in October 2025, up from €3.1 billion in October 2024. Extra-EU exports slipped 0.6 per cent to €227.5 billion, while imports declined 5.8 per cent to €212.8 billion.

Month on month (MoM), the EU surplus narrowed from €15.4 billion in September to €14.7 billion in October. This was partly offset by reduced deficits in energy products and other manufactured goods. On YoY basis, the EU trade balance improved by €11.6 billion, driven by a marked fall in the energy deficit.

From January to October 2025, the EU recorded a surplus of €116.7 billion, broadly stable compared with the same period of 2024.

On a seasonally adjusted basis, euro area exports fell 4.6 per cent MoM in October, while imports declined 3.3 per cent, reducing the surplus to €14.0 billion. In the EU, exports dropped 5.6 per cent and imports 4.3 per cent, with the balance easing to €11.8 billion.

Over August–October 2025, euro area exports to non-euro countries edged up 0.1 per cent, while imports fell 2.2 per cent. Intra-euro area trade rose 0.4 per cent. EU exports to non-EU countries declined 0.6 per cent, imports fell 2.9 per cent, and intra-EU trade increased 0.7 per cent, added the release.

ALCHEMPro News Desk (SG)