15.01.202610:18:15UTC+00Euro Area Trade Surplus Narrows in November

In November 2025, the Eurozone experienced a reduction in its trade surplus, which dropped to €9.9 billion, compared to €15.4 billion in the same period of the previous year. This was below market expectations of €15.2 billion. The decline was a result of a 3.4% decrease in exports, while imports saw a marginal decline of 1.3%. In the wider European Union, the trade surplus similarly contracted, falling to €8.1 billion from €11.8 billion. EU exports decreased by 4.4%, amounting to €213.8 billion, driven by reduced sales in sectors such as machinery and vehicles (-1.3%), chemicals (-12.8%), and food and drink (-1.6%). Export markets, including the United States (-20.3%), the United Kingdom (-6%), and China (-1.2%), witnessed declines, although exports increased to Switzerland by 6.7%. Concurrently, imports reduced by 2.9% to €205.7 billion, largely due to significant decreases in energy purchases (-22.5%) and chemicals (-4.6%). Contrarily, imports of machinery and vehicles rose by 3.3%. While imports from major partners like the United States (-7.1%), the United Kingdom (-4.7%), and Switzerland (-1.9%) decreased, those from China experienced an increase of 3.8%.