Euro area international trade in goods surplus €4.6 bn

The first estimate for euro area exports of goods to the rest of the world in February 2023 was €232.7 billion, an increase of 7.6% compared with February 2022 (€216.2 bn). Imports from the rest of the world stood at €228.1 bn, a rise of 1.1% compared with February 2022 (€225.6 bn). As a result, the euro area recorded, for the first time since September 2021, a surplus of €4.6 bn in trade in goods with the rest of the world in February 2023, compared with a deficit of €9.4 bn in February 2022. Intra-euro area trade rose to €224.4 bn in February 2023, up by 8.0% compared with February 2022.