Europe balance of trade


Europe balance of trade: 3936.6 (-51.87%)
Last Update: December 31, 2024

Europe balance of trade closed down 3936.6 as of December 31, 2024 from 8179 from the previous month and -21.6 from last year.


Europe balance of trade Analytics & Data




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Europe balance of trade

Date Values
2024-12-31 3936.6
2024-11-30 8179
2024-10-31 -1852.7
2024-09-30 16845.4
2024-08-31 20926.7
2024-07-31 -21.9
2024-06-30 -20.6
2024-05-31 -25.5
2024-04-30 -26.6
2024-03-31 -23.9
2024-02-29 -26.7
2024-01-31 -22.4
2023-12-31 -21.6
2023-11-30 -26.7
2023-10-31 -27.5
2023-09-30 -27.8
2023-08-31 -24.2
2023-07-31 -21.9
2023-06-30 -19.9
2023-05-31 -25.8
2023-04-30 -25.3
2023-03-31 -18
2023-02-28 -18.5
2023-01-31 -21.2

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Europe balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade eu.balanceoftrade 3936.6 8179 -52 -18325 Down UP 7 2024-12-31

Europe balance of trade Quantitative Analysis, Charts & Factors

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Europe balance of trade Historical Data

The MacroVar database offers free access to historical data for the Europe balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Europe balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Europe balance of trade

The balance of trade in Europe refers to the difference between the value of goods and services exported by European countries and the value of goods and services imported. A positive balance of trade occurs when a country exports more than it imports, resulting in a trade surplus. This can be beneficial for a country's economy as it means that it is earning more money from exports than it is spending on imports. On the other hand, a negative balance of trade, or trade deficit, occurs when a country imports more than it exports. This can lead to economic challenges as it means that the country is spending more money on imports than it is earning from exports. Overall, maintaining a healthy balance of trade is important for the economic well-being of European countries.

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