Euro area external trade: November 2011

Euro area external trade: November 2011

EA17

  • The first estimate for euro area (EA17) trade with the rest of the world in November 2011 gave a 6.9 bn euro surplus, compared with -2.3 bn euro in November 2010.
  • The October 20112 balance was +1.0 bn, compared with +3.1 bn in October 2010.
  • In November 2011 compared with October 2011, seasonally adjusted exports rose by 3.9%, while imports remained stable.

EU27

  • The first estimate for the November 2011 extra-EU27 trade balance was a 7.2 bn euro deficit, compared with -16.8 bn in November 2010.
  • In October 2011 the balance was -11.2 bn, compared with -9.5 bn in October 2010.
  • In November 2011 compared with October 2011, seasonally adjusted exports rose by 2.8%, while imports fell by 0.6%.

January to October 2011: total trade of Member States

The largest surplus was observed in Germany (+129.2 bn euro in January-October 2011), followed by Ireland and the Netherlands (both +35.9 bn) and Belgium (+10.1 bn). The United Kingdom (-98.2 bn) registered the largest deficit, followed by France (-72.5 bn), Spain (-40.1 bn), Italy (-24.2 bn), Greece (-16.9 bn), Portugal (-13.3 bn) and Poland (-12.0 bn).

 

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