STAT/09/119
17 August 2009
June 2009
Euro area external trade surplus 4.6 bn euro
4.3 bn euro deficit for EU27
The first estimate for the euro area 1 (EA16) trade balance with the rest of the world in June 2009 gave a 4.6 bn euro surplus, compared with 0.0 bn in June 2008. The May 2009 2 balance was +2.1 bn, compared with -3.8 bn in May 2008. In June 2009 compared with May 2009, seasonally adjusted exports fell by 0.1%, while imports remained stable.
The first estimate for the June 2009 extra- EU27 1 trade balance was -4.3 bn euro, compared with -19.3 bn in June 2008. In May 2009 2 the balance was -7.2 bn, compared with -20.7 bn in May 2008. In June 2009 compared with May 2009, seasonally adjusted exports fell by 0.3% and imports by 1.4%.
These data 3 are released by Eurostat, the Statistical Office of the European Communities .
EU27 January-May 2009 detailed results
The EU27 energy deficit decreased (-92.9 bn euro in January-May 2009 compared with -147.9 bn in January-May 2008), while the surplus fell for machinery and vehicles (+36.3 bn compared with +59.8 bn) and chemicals (+31.1 bn compared with +32.7 bn).
EU27 trade flows with all of its major partners fell. The largest decreases were recorded for exports to Russia
(-39% in January-May 2009 compared with January-May 2008), Turkey (-33%), South Korea (-23%) and Norway (-22%), and for imports from Russia (-43%), Japan and Brazil (both -29%), Norway and Turkey (both -28%).
The EU27 trade surplus fell with the USA (+11.5 bn euro in January-May 2009 compared with +27.3 bn in January-May 2008) and Switzerland (+4.8 bn compared with +8.0 bn). The EU27 trade deficit decreased with China (-55.8 bn compared with -60.9 bn), Russia (-16.4 bn compared with -31.1 bn), Norway (-13.3 bn compared with -19.9 bn ) and Japan (-9.1 bn compared with -15.0 bn ).
Concerning the total trade of Member States, the largest surplus was observed in Germany (+46.3 bn euro in January-May 2009), followed by Ireland (+15.6 bn) and the Netherlands (+13.8 bn). The United Kingdom (-38.0 bn) registered the largest deficit, followed by France (-24.4 bn), Spain (-20.7 bn), Greece (-11.6 bn) and Portugal (-6.8 bn).
EA16 trade - non seasonally adjusted data bn euro
| Flows | Jun 08 | Jun 09 | Growth | May 08 | May 09 | Growth | Jan- Jun 08 | Jan-Jun 09 | Growth | |||
| Extra-EA16 exports | 136.4 | 106.1 | -22% | 128.3 | 98.6 | r | -23% | r | 789.1 | 610.4 | -23% | |
| Extra-EA16 imports | 136.4 | 101.5 | -26% | 132.1 | 96.5 | r | -27% | 802.3 | 612.0 | -24% | ||
| Extra-EA16 trade balance | 0.0 | 4.6 | -3.8 | 2.1 | r | -13.3 | -1.6 | |||||
| Intra-EA16 dispatches 4 | 138.8 | 111.3 | -20% | 132.2 | 101.2 | r | -23% | 819.0 | 638.4 | -22% | ||
EU27 trade - non seasonally adjusted data bn euro
| Flows | Jun 08 | Jun 09 | Growth | May 08 | May 09 | Growth | Jan- Jun 08 | Jan-Jun 09 | Growth | |||
| Extra-EU27 exports | 114.1 | 91.6 | -20% | 107.2 | 84.9 | r | -21% | 653.3 | 519.0 | -21% | ||
| Extra-EU27 imports | 133.3 | 95.9 | -28% | 127.9 | 92.1 | r | -28% | 771.3 | 586.4 | -24% | ||
| Extra-EU27 trade balance | -19.3 | -4.3 | -20.7 | -7.2 | r | -118.0 | -67.4 | |||||
| Intra-EU27 dispatches 4 | 239.8 | 186.4 | -22% | 229.1 | r | 170.3 | r | -26% | 1 410.6 | 1 071.4 | -24% | |
r: revised
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The euro area (EA16) includes Belgium, Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The EU27 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).
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The first estimate s for May 2009 were +1.9 bn euro for the euro area and -6.8 bn euro for the EU27. See News Release 106/2009 issued on 17 July 2009.
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This News Release is based on data available on 12 August 2009. These are provisional figures based on information provided by Member States. They are subject to frequent revision for up to two years after the month in question. Furthermore, national concepts may differ from the harmonised methodology used by Eurostat, leading to differences between figures in this release and those published nationally, both for raw data and for seasonally adjusted series.
The next News Release including revised data for June 2009 and first estimates for July 2009 will be issued on
17 September 2009.
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Since the introduction of Intrastat for intra-EU trade on 1 January 1993, the value of dispatches has been consistently higher than that of arrivals. In theory, as dispatches are declared FOB and arrivals CIF, the value of arrivals should be slightly higher than that of dispatches. Eurostat uses dispatches as the more reliable measure of total intra-EU trade as, at aggregated levels, total dispatches has better coverage than total arrivals. Due to this divergence in intra-EU trade, and to the difficulties of interpreting figures in absolute terms at the level of individual Member States, trade balances for individual Member States must be interpreted with caution. The same caution applies to the trade balance of the euro area, which includes some intra-EU trade.
| Issued by: Eurostat Press Office Tim ALLEN Tel: +352-4301-33 444 eurostat-pressoffice@ec.europa.eu Eurostat news releases on the internet: | For further information on data: Gilberto GAMBINI Tel: +352-4301-35 806 Karo NUORTILA Tel: +352-4301-34 802 |
Selected Principal European Economic Indicators :
http://ec.europa.eu/eurostat/euroindicators
EA16 trade - previous 6 months - non seasonally adjusted data bn euro
| Flows | Nov 08 | Dec 08 | Jan 09 | Feb 09 | Mar 09 | Apr 09 | ||||||
| Extra-EA16 exports | 120.3 | 112.2 | 93.5 | r | 99.8 | r | 109.7 | r | 102.6 | r | ||
| Extra-EA16 imports | 127.1 | 114.2 | 105.0 | r | 100.9 | r | 108.0 | r | 100.0 | r | ||
| Extra-EA16 trade balance | -6.8 | -2.0 | -11.5 | r | -1.1 | r | 1.7 | 2.6 | r | |||
| Intra- EA16 dispatches | 119.3 | 102.8 | 104.0 | 104.5 | 113.5 | 103.8 | r | |||||
EU27 trade - previous 6 months - non seasonally adjusted data bn euro
| Flows | Nov 08 | Dec 08 | Jan 09 | Feb 09 | Mar 09 | Apr 09 | ||||||
| Extra-EU27 exports | 100.3 | 99.3 | 75.8 | 85.4 | r | 93.2 | 88.1 | |||||
| Extra-EU27 imports | 124.3 | 110.5 | 103.3 | 96.2 | 102.6 | 96.4 | r | |||||
| Extra-EU27 trade balance | -24.0 | -11.2 | -27.5 | -10.8 | r | -9.4 | -8.3 | r | ||||
| Intra-EU27 dispatches | 205.9 | r | 171.8 | 174.4 | r | 174.3 | r | 190.8 | r | 175.2 | r | |
r: revised
Main products - EA16 - non seasonally adjusted data bn euro
| ||||||||||||||||||||||||
| Primary products: | 88.9 | 67.3 | -24% | 226.0 | 153.1 | -32% | -137.1 | -85.7 | ||||||||||||||||
| Food & drink | 40.5 | 36.6 | -10% | 36.7 | 34.5 | -6% | 3.8 | 2.2 | ||||||||||||||||
| Crude materials | 15.6 | 11.4 | -27% | 30.9 | 19.7 | -36% | -15.3 | -8.4 | ||||||||||||||||
| Energy | 32.8 | 19.4 | -41% | 158.5 | 98.9 | -38% | -125.6 | -79.5 | ||||||||||||||||
| Manufactured goods: | 547.9 | 418.8 | -24% | 429.7 | 341.5 | -21% | 118.2 | 77.4 | ||||||||||||||||
| Chemicals | 101.7 | 89.6 | -12% | 63.9 | 54.4 | -15% | 37.7 | 35.2 | ||||||||||||||||
| Machinery & vehicles | 282.8 | 204.4 | -28% | 204.5 | 161.3 | -21% | 78.3 | 43.0 | ||||||||||||||||
| Other manuf’d articles | 163.5 | 124.9 | -24% | 161.3 | 125.7 | -22% | 2.2 | -0.8 | ||||||||||||||||
| Other | 15.8 | 18.1 | 14% | 10.1 | 15.9 | 57% | 5.7 | 2.2 | ||||||||||||||||
| Total | 652.6 | 504.3 | -23% | 665.9 | 510.4 | -23% | -13.3 | -6.2 | ||||||||||||||||
Main products – EU27 - non seasonally adjusted data
| ||||||||||||||||||||||||
| Primary products: | 74.2 | 54.8 | -26% | 245.1 | 162.1 | -34% | -170.9 | -107.3 | ||||||||||||||||
| Food & drink | 27.0 | 24.2 | -10% | 33.7 | 30.5 | -9% | -6.6 | -6.3 | ||||||||||||||||
| Crude materials | 14.6 | 10.6 | -27% | 30.9 | 18.7 | -39% | -16.3 | -8.1 | ||||||||||||||||
| Energy | 32.6 | 20.0 | -39% | 180.5 | 112.8 | -38% | -147.9 | -92.9 | ||||||||||||||||
| Manufactured goods: | 449.4 | 354.8 | -21% | 378.5 | 307.2 | -19% | 70.8 | 47.6 | ||||||||||||||||
| Chemicals | 84.9 | 76.4 | -10% | 52.2 | 45.2 | -13% | 32.7 | 31.1 | ||||||||||||||||
| Machinery & vehicles | 233.0 | 176.8 | -24% | 173.2 | 140.5 | -19% | 59.8 | 36.3 | ||||||||||||||||
| Other manuf’d articles | 131.5 | 101.7 | -23% | 153.2 | 121.5 | -21% | -21.7 | -19.8 | ||||||||||||||||
| Other | 15.7 | 17.8 | 13% | 14.4 | 21.2 | 47% | 1.3 | -3.4 | ||||||||||||||||
| Total | 539.3 | 427.4 | -21% | 638.0 | 490.5 | -23% | -98.7 | -63.1 | ||||||||||||||||
Main trading partners - EA16 - non seasonally adjusted data bn euro
| ||||||||||||||||||||||||
| United Kingdom | 96.1 | 69.9 | -27% | 70.9 | 50.1 | -29% | 25.1 | 19.8 | ||||||||||||||||
| United States | 79.2 | 62.4 | -21% | 57.6 | 52.7 | -9% | 21.6 | 9.7 | ||||||||||||||||
| China | 27.1 | 25.4 | -6% | 70.1 | 64.1 | -9% | -43.0 | -38.7 | ||||||||||||||||
| Switzerland | 36.1 | 32.4 | -10% | 28.6 | 27.8 | -3% | 7.4 | 4.7 | ||||||||||||||||
| Russia | 31.3 | 19.3 | -38% | 50.2 | 28.9 | -42% | -19.0 | -9.6 | ||||||||||||||||
| Poland | 35.2 | 27.0 | -23% | 24.3 | 20.5 | -15% | 10.9 | 6.5 | ||||||||||||||||
| Czech Republic | 24.8 | 18.4 | -26% | 25.4 | 21.1 | -17% | -0.6 | -2.7 | ||||||||||||||||
| Sweden | 24.1 | 16.5 | -31% | 23.3 | 15.3 | -34% | 0.8 | 1.1 | ||||||||||||||||
| Japan | 14.4 | 11.4 | -21% | 25.1 | 18.2 | -27% | -10.8 | -6.9 | ||||||||||||||||
| Hungary | 17.0 | 11.5 | -32% | 16.4 | 12.4 | -24% | 0.6 | -0.9 | ||||||||||||||||
Main trading partners – EU27 - non seasonally adjusted data bn euro
| ||||||||||||||||||||||||
| United States | 105.0 | 83.0 | -21% | 77.7 | 71.5 | -8% | 27.3 | 11.5 | ||||||||||||||||
| China | 32.5 | 30.3 | -7% | 93.4 | 86.1 | -8% | -60.9 | -55.8 | ||||||||||||||||
| Switzerland | 40.9 | 36.1 | -12% | 32.8 | 31.3 | -5% | 8.0 | 4.8 | ||||||||||||||||
| Russia | 41.8 | 25.5 | -39% | 72.9 | 41.9 | -43% | -31.1 | -16.4 | ||||||||||||||||
| Norway | 19.0 | 14.9 | -22% | 38.9 | 28.2 | -28% | -19.9 | -13.3 | ||||||||||||||||
| Japan | 18.1 | 14.3 | -21% | 33.0 | 23.4 | -29% | -15.0 | -9.1 | ||||||||||||||||
| Turkey | 24.5 | 16.3 | -33% | 20.1 | 14.4 | -28% | 4.3 | 1.8 | ||||||||||||||||
| South Korea | 10.9 | 8.4 | -23% | 16.6 | 13.7 | -17% | -5.7 | -5.3 | ||||||||||||||||
| India | 12.9 | 10.4 | -20% | 12.4 | 10.9 | -12% | 0.5 | -0.6 | ||||||||||||||||
| Brazil | 9.7 | 7.6 | -21% | 14.4 | 10.3 | -29% | -4.7 | -2.6 | ||||||||||||||||
Member States’ total trade (intra-EU + extra-EU) - non seasonally adjusted data bn euro
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| Belgium | 137.5 | 106.9 | -22% | 133.1 | 102.4 | -23% | 4.5 | 4.5 | ||||||||||||||||
| Bulgaria | 6.3 | 4.4 | -31% | 10.2 | 6.8 | -34% | -3.9 | -2.4 | ||||||||||||||||
| Czech Republic | 42.7 | 31.9 | -25% | 40.5 | 29.6 | -27% | 2.2 | 2.3 | ||||||||||||||||
| Denmark | 33.3 | 27.2 | -18% | 31.6 | 25.9 | -18% | 1.7 | 1.3 | ||||||||||||||||
| Germany | 422.5 | 323.1 | -24% | 339.2 | 276.8 | -18% | 83.3 | 46.3 | ||||||||||||||||
| Estonia | 3.5 | 2.5 | -29% | 4.6 | 2.9 | -37% | -1.1 | -0.4 | ||||||||||||||||
| Ireland | 35.8 | 35.5 | -1% | 25.1 | 19.9 | -21% | 10.7 | 15.6 | ||||||||||||||||
| Greece | 6.9 | 5.8 | -16% | 22.7 | 17.4 | -24% | -15.8 | -11.6 | ||||||||||||||||
| Spain | 79.9 | 62.4 | -22% | 121.5 | 83.1 | -32% | -41.6 | -20.7 | ||||||||||||||||
| France | 177.4 | 137.8 | -22% | 203.0 | 162.2 | -20% | -25.6 | -24.4 | ||||||||||||||||
| Italy | 156.0 | 117.1 | -25% | 162.2 | 120.6 | -26% | -6.2 | -3.5 | ||||||||||||||||
| Cyprus | 0.5 | 0.4 | -19% | 2.9 | 2.3 | -22% | -2.4 | -1.9 | ||||||||||||||||
| Latvia | 2.8 | 2.0 | -28% | 4.6 | 2.8 | -39% | -1.8 | -0.8 | ||||||||||||||||
| Lithuania | 6.5 | 4.5 | -30% | 9.0 | 5.1 | -44% | -2.5 | -0.6 | ||||||||||||||||
| Luxembourg | 7.1 | 6.5 | -9% | 9.0 | 7.8 | -13% | -1.8 | -1.3 | ||||||||||||||||
| Hungary | 31.7 | 23.4 | -26% | 31.4 | 21.8 | -31% | 0.3 | 1.5 | ||||||||||||||||
| Malta | 0.8 | 0.6 | -26% | 1.3 | 1.1 | -19% | -0.5 | -0.5 | ||||||||||||||||
| Netherlands | 180.5 | 141.6 | -22% | 161.9 | 127.8 | -21% | 18.6 | 13.8 | ||||||||||||||||
| Austria | 52.5 | 39.8 | -24% | 52.3 | 41.7 | -20% | 0.3 | -1.9 | ||||||||||||||||
| Poland | 49.1 | 37.1 | -24% | 58.4 | 40.5 | -31% | -9.3 | -3.4 | ||||||||||||||||
| Portugal | 16.7 | 12.3 | -27% | 26.3 | 19.1 | -27% | -9.5 | -6.8 | ||||||||||||||||
| Romania | 13.9 | 11.0 | -21% | 23.0 | 14.7 | -36% | -9.1 | -3.7 | ||||||||||||||||
| Slovenia | 10.0 | 7.6 | -23% | 10.6 | 7.6 | -29% | -0.7 | 0.0 | ||||||||||||||||
| Slovakia | 20.1 | 15.7 | -22% | 20.6 | 15.5 | -25% | -0.5 | 0.2 | ||||||||||||||||
| Finland | 28.7 | 18.2 | -37% | 27.0 | 17.6 | -35% | 1.7 | 0.6 | ||||||||||||||||
| Sweden | 55.6 | 37.8 | -32% | 49.7 | 33.7 | -32% | 5.8 | 4.0 | ||||||||||||||||
| United Kingdom | 131.6 | 99.1 | -25% | 182.4 | 137.1 | -25% | -50.8 | -38.0 | ||||||||||||||||
Annex - Seasonally adjusted data
Seasonally adjusted series have been calculated using one harmonised methodology. The seasonally adjusted series give a complementary view of the monthly evolution of trade. Seasonally adjusted figures may not match those published by Member States due to differences in the raw data 3 in the choice of seasonal adjustment model and to the use of series in national currency or in euro.
EA16 trade - seasonally adjusted data bn euro
| Flows | Jan 09 | Feb 09 | Mar 09 | Apr 09 | May 09 | Jun 09 |
| ||||||||||||||
| Extra- EA16 exports | 103.4 | 103.1 | 104.3 | 103.4 | 101.6 | 101.5 | -0.4% | 1.2% | -0.8% | -1.8% | -0.1% | ||||||||||
| Extra-EA16 imports | 108.4 | 105.5 | 106.2 | 103.1 | 100.5 | 100.5 | -2.7% | 0.6% | -2.9% | -2.5% | 0.0% | ||||||||||
| Extra-EA16 trade balance | -5.0 | -2.5 | -1.9 | 0.3 | 1.1 | 1.0 | |||||||||||||||
| Intra-EA16 dispatches | 107.9 | 104.7 | 105.6 | 104.5 | 103.7 | 105.4 | -2.9% | 0.8% | -1.0% | -0.8% | 1.6% | ||||||||||
EU27 trade - seasonally adjusted data bn euro
| Flows | Jan 09 | Feb 09 | Mar 09 | Apr 09 | May 09 | Jun 09 |
| ||||||||||||||
| Extra- EU27 exports | 84.8 | 89.3 | 90.0 | 88.6 | 87.9 | 87.7 | 5.4% | 0.8% | -1.5% | -0.8% | -0.3% | ||||||||||
| Extra- EU27 imports | 105.9 | 102.1 | 102.9 | 99.7 | 96.7 | 95.3 | -3.6% | 0.8% | -3.1% | -3.0% | -1.4% | ||||||||||
| Extra- EU27 trade balance | -21.1 | -12.8 | -12.9 | -11.1 | -8.8 | -7.7 |
| ||||||||||||||
| Intra- EU27 dispatches | 182.8 | 176.2 | 178.2 | 176.8 | 174.3 | 177.0 | -3.6% | 1.1% | -0.8% | -1.4% | 1.5% | ||||||||||
Contribution of EU27 Member States to extra-EU27 trade - seasonally adjusted data bn euro
| ||||||||||||||||||||||||
| 87.9 | 87.7 | -0.3% | 96.7 | 95.3 | -1.4% | -8.8 | -7.7 | |||||||||||||||||
| Belgium | 4.9 | 3.8 | -22.1% | 5.8 | 4.5 | -21.5% | -0.8 | -0.7 | ||||||||||||||||
| Bulgaria | 0.3 | 0.4 | 5.5% | 0.6 | 0.5 | -7.2% | -0.2 | -0.2 | ||||||||||||||||
| Czech Republic | 1.0 | 1.1 | 3.2% | 1.3 | 1.3 | 1.9% | -0.3 | -0.3 | ||||||||||||||||
| Denmark | 1.7 | 1.7 | 4.9% | 1.5 | 1.4 | -2.8% | 0.2 | 0.3 | ||||||||||||||||
| Germany | 23.4 | 23.9 | 1.9% | 19.2 | 19.3 | 0.8% | 4.2 | 4.5 | ||||||||||||||||
| Estonia | 0.2 | 0.2 | 28.2% | 0.1 | 0.1 | 24.8% | 0.0 | 0.1 | ||||||||||||||||
| Ireland | 2.6 | 2.6 | -1.1% | 1.5 | 1.5 | -3.3% | 1.1 | 1.1 | ||||||||||||||||
| Greece | 0.6 | 0.4 | -21.0% | 1.4 | 1.5 | 3.0% | -0.9 | -1.0 | ||||||||||||||||
| Spain | 4.0 | 4.0 | 1.8% | 6.1 | 6.0 | -1.7% | -2.1 | -1.9 | ||||||||||||||||
| France | 10.8 | 10.7 | -1.1% | 10.4 | 10.0 | -4.0% | 0.3 | 0.6 | ||||||||||||||||
| Italy | 9.9 | 10.4 | 4.3% | 10.2 | 10.3 | 1.3% | -0.3 | 0.0 | ||||||||||||||||
| Cyprus | 0.0 | 0.0 | -21.2% | 0.1 | 0.1 | 0.7% | -0.1 | -0.1 | ||||||||||||||||
| Latvia | 0.1 | 0.2 | 8.9% | 0.1 | 0.1 | -1.6% | 0.0 | 0.0 | ||||||||||||||||
| Lithuania | 0.3 | 0.3 | 1.2% | 0.5 | 0.4 | -13.1% | -0.2 | -0.1 | ||||||||||||||||
| Luxembourg | 0.1 | 0.1 | 4.7% | 0.6 | 0.5 | -14.3% | -0.4 | -0.4 | ||||||||||||||||
| Hungary | 1.1 | 1.0 | -3.9% | 1.3 | 1.3 | -1.8% | -0.3 | -0.3 | ||||||||||||||||
| Malta | 0.1 | 0.1 | 3.2% | 0.1 | 0.0 | -40.8% | 0.0 | 0.0 | ||||||||||||||||
| Netherlands | 6.6 | 6.5 | -1.5% | 12.6 | 12.7 | 0.8% | -6.0 | -6.2 | ||||||||||||||||
| Austria | 2.3 | 2.1 | -5.2% | 1.9 | 1.8 | -4.6% | 0.4 | 0.4 | ||||||||||||||||
| Poland | 1.6 | 1.7 | 7.3% | 2.2 | 2.3 | 4.8% | -0.6 | -0.6 | ||||||||||||||||
| Portugal | 0.6 | 0.6 | 2.0% | 0.9 | 1.1 | 16.3% | -0.3 | -0.4 | ||||||||||||||||
| Romania | 0.6 | 0.6 | 7.3% | 0.8 | 0.8 | -3.8% | -0.3 | -0.2 | ||||||||||||||||
| Slovenia | 0.5 | 0.5 | 0.5% | 0.4 | 0.4 | -0.9% | 0.1 | 0.1 | ||||||||||||||||
| Slovakia | 0.5 | 0.5 | 1.1% | 0.7 | 0.9 | 16.7% | -0.2 | -0.4 | ||||||||||||||||
| Finland | 1.5 | 1.5 | -1.7% | 1.1 | 1.2 | 9.2% | 0.5 | 0.3 | ||||||||||||||||
| Sweden | 3.1 | 3.3 | 5.4% | 2.2 | 2.1 | -3.3% | 1.0 | 1.2 | ||||||||||||||||
| United Kingdom | 9.5 | 9.4 | -1.1% | 13.0 | 13.0 | -0.3% | -3.6 | -3.6 | ||||||||||||||||
Seasonally adjusted data
