Euro area international trade in goods surplus €16.5 bn

The first estimate for euro area (EA19) exports of goods to the rest of the world in May 2018 was €189.6 billion, a decrease of 0.8% compared with May 2017 (€191.2 bn). Imports from the rest of the world stood at €173.1 bn, a rise of 0.7% compared with May 2017 (€171.9 bn). As a result, the euro area recorded a €16.5 bn surplus in trade in goods with the rest of the world in May 2018, compared with +€19.3 bn in May 2017. Intra-euro area trade rose to €162.3 bn in May 2018, up by 0.5% compared with May 2017.


German exports in May 2018: –1.3% on May 2017

Germany exported goods to the value of 109.1 billion euros and imported goods to the value of 89.4 billion euros in May 2018. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports declined by 1.3%, while imports increased by 0.8% in May 2018 year on year. After calendar and seasonal adjustment, exports increased by 1.8% and imports by 0.7% compared with April 2018. The foreign trade balance showed a surplus of 19.7 billion euros in May 2018.


Australian Trade Balance recorded surplus of $827 million

In trend terms, the balance on goods and services was a surplus of $1,056m in May 2018, an increase of $83m on the surplus in April 2018. In seasonally adjusted terms, the balance on goods and services was a surplus of $827m in May 2018, an increase of $355m on the surplus in April 2018. In seasonally adjusted terms, goods and services credits rose $1,353m (4%) to $35,562m.


Australian trade balance showed surplus of over $1 billion

Australia’s international trade balance swung back to surplus in January, recovering following a large deficit in December. According to the Australian Bureau of Statistics (ABS), a surplus of $1.055 billion was recorded during the month in seasonally adjusted terms, more than five times larger than the $200 million surplus that had been expected by economists. It was the largest trade surplus since September 2017. December’s trade deficit, originally reported at $1.358 billion, was also revised to show a deficit of $1.146 billion. The ABS said the value of exports rose by 4%, or $1.394 billion, to $33.924 billion, helped by large gains in the value of Australian non-rural and non-monetary gold exports.


About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.


All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.


Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.