Euro area international trade in goods surplus €6.7 bn

Euro area: The first estimate for euro area exports of goods to the rest of the world in August 2023 was €221.6 billion, a decrease of 3.9% compared with August 2022 (€230.6 bn). Imports from the rest of the world stood at €214.9 bn, a fall of 24.6% compared with August 2022 (€285.0 bn). As a result, the euro area recorded a €6.7 bn surplus in trade in goods with the rest of the world in August 2023, compared with a deficit of €54.4 bn in August 2022. Intra-euro area trade fell to €189.3 bn in August 2023, down by 13.2% compared with August 2022.