The first estimate for euro area exports of goods to the rest of the world in March 2023 was €269.2 billion, an increase of 7.5% compared with March 2022 (€250.5 bn). Imports from the rest of the world stood at €243.6 bn, a fall of 10.0% compared with March 2022 (€270.6 bn). As a result, the euro area recorded a €25.6 bn surplus in trade in goods with the rest of the world in March 2023, compared with a deficit of €20 bn in March 2022. Intraeuro area trade rose to €246.4 bn in March 2023, up by 0.6% compared with March 2022.

In January to March 2023, euro area exports of goods to the rest of the world rose to €724.5 bn (an increase of 8.5% compared with January-March 2022), while imports remained almost unchanged at €727.1 bn with respect to the same period in the previous year.  As a result the euro area recorded a deficit of €-2.6 bn, compared with -€59.7 bn in January-March 2022. Intra-euro area trade rose to €698.3 bn in January- March 2023, up by 6.9% compared with January-March 2022.

Source:  Eurostat
Post by: Republic of Türkiye Ministry of Trade