The euro area’s exports of goods in the month were worth €279.8 billion—an increase of 13.6 per cent year on year (YoY). Its imports stood at €243.0 billion—a rise of 8.8 per cent YoY.
The trade deficit of energy products in the euro area showed a modest deterioration of €0.8 billion YoY.
In the first quarter (Q1) this year, the euro area recorded a trade surplus of €62 billion compared with €55 billion in Q1 2024. Its exports of goods rose by 7.8 per cent YoY to €761.5 billion in the first quarter, and imports rose by 7.4 per cent YoY to €699.5 billion.
Intra-euro area trade rose to €658.2 billion in Q1 2025—up by 1.2 per cent YoY, an Eurostat release said.
The European Union (EU) balance showed a €35.3-billion (~$39.71 billion) surplus in trade in goods with the rest of the world in March this year compared with a €22.3-billion surplus in the same month last year.
The extra-EU exports of goods in March were worth €254.8 billion—up by 15.2 per cent YoY. Imports stood at €219.5 billion—up by 10.4 per cent YoY. During this period, the energy sector, while maintaining a negative balance, showed a slight improvement of €0.2 billion YoY.
In Q1 2025, the EU recorded a goods trade surplus of €52.1 billion compared with a €50.9 billion surplus in Q1 2024. The extra-EU exports of goods rose to €689.5 billion—an increase of 9.1 per cent YoY, and imports rose to €637.4 billion—a rise of 9.7 per cent YoY. Intra-EU trade rose to €1,033.2 billion in Q1 2025—a 1.3-per cent rise YoY.
ALCHEMPro News Desk (DS)
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