Because imports continued to decrease more than exports in 2023, in the third quarter of 2023 the EU balance recorded a surplus after seven consecutive quarters in deficit. The last time that a surplus was observed was in third quarter of 2021. Figure 1: EU trade in goods, quarterly data from Q1 2019 to Q3 2023. European Union trade balance, exports and imports by country. In 2021, European Union major trading partner countries for exports were United States, United Kingdom, China, Switzerland and Russian Federation and for imports they were China, United States, Russian Federation, United Kingdom and Switzerland . Europe America Asia Africa Australia G20 This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Balance of Trade. This page provides values for Balance of Trade reported in several countries part of Europe. Highest share for intra-EU trade in goods in Luxembourg, Slovakia and Czechia. Trade in goods between EU Member States (intra-EU trade) was valued — in terms of exports — at €4 227 billion in 2022. This was 64 % higher than the level recorded for exports leaving the EU to non-EU member countries of €2 572 billion (extra-EU trade). EU exports support a significant share of jobs in all countries across the EU. Trade statistics by trading partner Main economic indicators, GDP by sector, trade in goods, trade in commercial services, foreign direct investment, imports and exports with the world, ranking, trade balance. Overview of top trading partners A B C D E F G H I J K L M N .

eu trade balance by country