Zone euro Balance Commerciale

The Eurozone’s trade surplus narrowed to €7 billion in June 2025 from €20.7 billion a year earlier, below market expectations of €13 billion, as imports rose 6.8% while exports edged up only 0.4%. In the broader EU, the trade surplus also fell to €8 billion from €20.3 billion. EU imports climbed 6.4% to €205.7 billion, supported by purchases of machinery & vehicles (+9.2%), chemicals (+15.7%), food & drink (+17.1%), and raw materials (11.2%). Imports from key partners rose, including the US (+16.4%), China (16.7%), and Switzerland (+10.2%). Meanwhile, exports were flat at €213.7 billion, as higher sales of machinery & vehicles (+1.2%) and food & drink (4.1%) were offset by lower exports of chemicals (-1.4%), energy (-17.2%), and raw materials (-5.3%). Exports decreased to the US (-10.3%) and China (-12.7%) but rose to the UK (+7.4%) and Switzerland (+13.5%).