Eurostat: Euro area international trade in goods deficit €34.0 bn – €42.3 bn deficit for EU

The first estimate for euro area exports of goods to the rest of the world in July 2022 was €235.5 billion, an increase of 13.3% compared with July 2021 (€207.8 bn). Imports from the rest of the world stood at €269.5 bn, arise of 44.0% compared with July 2021 (€187.1 bn). As a result, the euro area recorded a €34 bn deficit in trade ingoods with the rest of the world in July 2022, compared with a surplus of €20.7 bn in July 2021. Intra–euro areatrade rose to €224.8 bn in July 2022, up by 24.0% compared with July 2021