EU exports outside the common market reached €2.65 trillion last year, with the trade surplus decreasing from €141 billion to €136 billion.
EU Trade Performance
According to Eurostat data, EU exports of goods outside the common market totaled €2.65 trillion last year, a 2% increase from the previous 12 months. Imports grew slightly faster, reducing the EU’s trade surplus from €141 billion to €136 billion.
The foreign trade results proved better than economists’ forecasts from the beginning of the year, when the United States had raised tariffs on EU goods.
Exports to the United States
Exports to the United States increased, and then decreased.
