Euro Zone Reports Trade Surplus

In December of last year, the trade surplus of the Euro Zone reached 15.5 billion euros. The European Statistics Office (Eurostat) released the international trade data for December 2024 for both the European Union (EU) and the Euro Zone. According to the report, the EU’s exports increased by 3.7% compared to the same month of the previous year, reaching 209 billion euros, while imports rose by 3.9% to 192.7 billion euros in December. The EU, therefore, had a trade surplus of 16.3 billion euros in that month. In the Euro Zone, exports in December of last year increased by 3.1% compared to December 2023, reaching 226.5 billion euros, while imports rose by 3.8% to 211 billion euros. As a result, the Euro Zone recorded a trade surplus of 15.5 billion euros in December. Moreover, the trade surplus for 2024 was determined as 176.9 billion euros in the Euro Zone and 150.1 billion euros in the EU. In December, the countries that imported the most from EU countries were the United States with 41.6 billion euros, the United Kingdom with 23.4 billion euros, China with 16.6 billion euros, Switzerland with 14.7 billion euros, and Turkey with 8.9 billion euros. On the other hand, China was the leading recipient of exports from EU countries with 40.2 billion euros, followed by the United States with 26.1 billion euros, the United Kingdom with 12.7 billion euros, Switzerland with 10.3 billion euros, Norway with 8.6 billion euros, and Turkey with 8 billion euros.