EU sees strong export recovery in 2024, import resumes late in year
EU recorded a goods trade surplus of €147 billion (~$159.3 billion) in 2024, according to the Eurostat. Imports fell by 3.4 per cent, while exports rose by 1.1 per cent. Germany led extra-EU trade, and the US remained the top export destination. China was the largest import source. Chemicals saw the biggest surplus growth, while other manufactured goods shifted to a deficit over the decade.
EU recorded a goods trade surplus of €147 billion (~$159.3 billion) in 2024, according to the Eurostat.
Imports fell by 3.4 per cent, while exports rose by 1.1 per cent.
Germany led extra-EU trade, and the US remained the top export destination.
China was the largest import source.
Chemicals saw the biggest surplus growth, while other manufactured goods shifted to a deficit over the decade.
