OREANDA-NEWS. The first estimate for euro area (EA19) exports of goods to the rest of the world in January 2016 was €145.3 billion, a decrease of 2% compared with January 2015 (€148.0 bn). Imports from the rest of the world stood at €139.1 bn, a fall of 1% compared with January 2015 (€140.9 bn). As a result, the euro area recorded a €6.2 bn surplus in trade in goods with the rest of the world in January 2016, compared with +€7.1 bn in January 2015. Intra-euro area trade remained stable at €132.5 bn in January 2016 compared with January 2015.

In 2015, euro area exports of goods to the rest of the world rose to €2 043.0 bn (an increase of 5% compared with 2014), while imports rose to €1 796.4 bn (an increase of 2% compared with 2014). As a result the euro area recorded a surplus of €246.6 bn, compared with +€182.4 bn in 2014. Intra-euro area trade rose to €1 691.1 bn in 2015, up by 3% compared with 2014.