Euro area trade surplus narrows to $11.48 bn in November 2025

Exports fell 3.4 per cent year on year (YoY) to €240.2 billion (~$278.6 billion), while imports declined 1.3 per cent to €230.3 billion. Compared with October 2025, the monthly surplus also eased. The €5.5 billion YoY deterioration was driven mainly by declines across manufactured goods, partly offset by an improved energy balance, with the deficit narrowing to -€17.6 billion from -€24.3 billion, Eurostat said in a press release.

For January-November 2025, the euro area recorded a cumulative surplus of €152.7 billion, slightly below €156.8 billion a year earlier. Exports rose 2.3 per cent to €2,702.4 billion, while imports increased 2.6 per cent to €2,549.7 billion. Intra-euro area trade climbed 1.6 per cent to €2,422 billion.

The European Union (EU) also saw its trade surplus narrow. The EU posted an €8.1 billion (~$9.4 billion) surplus in November 2025, down from €11.8 billion in November 2024. Exports declined 4.4 per cent to €213.8 billion, while imports fell 2.9 per cent to €205.7 billion.

The €3.7 billion YoY fall in the EU balance was largely due to weaker performance in manufactured goods, while the energy deficit improved to -€20.4 billion from -€28.2 billion.

Between January and November 2025, the EU recorded a surplus of €122.4 billion, compared with €128.0 billion a year earlier. Exports increased 2 per cent to €2,429 billion and imports rose 2.3 per cent to €2,306.6 billion. Intra-EU trade grew 2.2 per cent to €3,820.4 billion.

Fibre2Fashion News Desk (SG)