Brussels, 16th February, 2016 (WAM) – The first estimate for euro area (EA19) exports of goods to the rest of the world in December 2015 was ?167.5 billion, an increase of 3% compared with December 2014 (?162.1 bn).

Imports from the rest of the world stood at ?143.2 bn, also a rise of 3% compared with December 2014 (?138.5 bn).

As a result, the euro area recorded a ?24.3 bn surplus in trade in goods with the rest of the world in December 2015, compared with +?23.6 bn in December 2014. Intra-euro area trade rose to ?130.3 bn in December 2015, up by 2% compared with December 2014, according to data released by Eurostat, the statistical office of the European Union.

In 2015, euro area exports of goods to the rest of the world rose to ?2 040.2 bn (an increase of 5% compared with 2014), while imports rose to ?1 794.2 bn (an increase of 2% compared with 2014). As a result, the euro area recorded a surplus of ?246.0 bn, compared with +?184.3 bn in 2014. Intra-euro area trade rose to ?1 689.0 bn in 2015, up by 3% compared with 2014.

The first estimate for extra-EU28 exports of goods in December 2015 was ?156.0 billion, up by 7% compared with December 2014 (?145.8 bn). Imports from the rest of the world stood at ?135.5 bn, up by 1% compared with December 2014 (?134.4 bn). As a result, the EU28 recorded a ?20.5 bn surplus in trade in goods with the rest of the world in December 2015, compared with +?11.4 bn in December 2014. Intra-EU28 trade rose to ?234.7 bn in December 2015, +3% compared with December 2014.

In 2015, extra-EU28 exports of goods rose to ?1 789.1 bn (an increase of 5% compared with 2014), while imports rose to ?1 724.9 bn (an increase of 2% compared with 2014). As a result, the EU28 recorded a surplus of ?64.2 bn, compared with +?13.3 bn in 2014. Intra-EU28 trade rose to ?3 066.6 bn in 2015, +5% compared with 2014.

WAM/tfaham