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methods, notes and classification Balance of trade - EU and euro area aggregates methods, notes and classification

Methods Methods

Explanatory Notes Explanatory Notes

The External trade balance indicator is the difference between exports and imports of goods. Exports of goods record flows from an EA/EU Member State to a non-EA/EU country while imports record inwards flows. Exports are expressed in value terms and measured "free on board (FOB)", while imports are expressed in value terms and measured "cost, insurance, freight" (CIF ). "Goods" means all movable property including electric current. Data are expressed in million euros. Data are presented in the calendar and seasonally adjusted form.

Variables Variables Download

    • Stock or flow
      • 0 Balance for values / Ratio for indices
    • Standard International Trade Classification (SITC Rev. 4, 2006)
      • 0 Total - all products
    • Geopolitical entity (partner)
      • 0 Extra-euro area - 20 countries (from 2023)
      • 1 Extra-EU27 (from 2020)
    • Unit of measure
      • 0 Trade value in million euro (SA)
    • Geopolitical entity (reporting)
      • 0 European Union - 27 countries (from 2020)
      • 1 Euro area – 20 countries (from 2023)