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Euro Area Net Trade (Goods & Services, BoP)

Euro Area's net trade (goods & services, bop) rose to $585.39 billion in 2024, up from $422.2 billion in 2023, according to World Bank. This represents an increase of 38.7% ($163.18 billion) from the previous year.

Yearly Historical Data (1999-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 585.39
2023 422.2
2022 131.2
2021 479.89
2020 392.55
2019 413.59
2018 495.42
2017 525.23
2016 478.91
2015 462.77
2014 425.75
2013 340.4
2012 259.56
2011 112.56
2010 99.34
2009 121.38
2008 27.29
2007 133.66
2006 75.35
2005 106.4
2004 159.72
2003 138.12
2002 132.12
2001 57.84
2000 7.22
1999 60
Euro Area Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Euro Area, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Balance of Trade €986M €12.7B Aug'25
Exports €205.9B €251.6B Aug'25
Exports (% GDP) 49.57% 50.56% 2024
FDI Inflows (% GDP) 1.23% -1.82% 2024
Imports €204.9B €238.9B Aug'25
Imports (% GDP) 45.12% 46.98% 2024
Trade (% GDP) 89.31% 92.62% 2024