Zone euro Balance Commerciale

The Euro Area trade surplus widened to €12.5 billion in September of 2024 from €9.8 billion in the same month of the previous year, above market expectations of €7.9 billion. Exports increased by 0.6% to EUR 237.8 billion, while imports decreased by 0.6% to EUR 225.3 billion. Also, the EU posted a trade surplus of EUR 9.6 billion in September, up from EUR 7.3 billion in September 2023. Exports went up 0.8% to EUR 212.6 billion, due to higher sales of Chemicals & related products (10%), other manuf’d goods (0.4%) and food & drink (2.5%). Exports rose to the US (8.9%), the UK (2%) and Switzerland (5.1%), but fell to China (-4.2%). Meanwhile, imports declined by 0.3% to EUR 203.1 billion, mainly due to a fall in energy (-20%). Among major trading partners, purchases dropped from the US (-4.9%), the UK (-10.7%) and Switzerland (6.4%), but increased from China (12.5%).