Euro Area Swings to €16.1 Billion Goods Trade Deficit in August

The euro area posted a €16.1 billion goods trade deficit in August, after a €10.7 billion surplus in July. Compared with August 2025, imports rose faster than exports.

In August 2025, the euro area recorded a €1.7 billion deficit in goods trade with countries outside the euro area.

Imports from outside the bloc rose 16.7% from a year earlier to €243.8 billion. Exports increased 9.9% to €227.7 billion. The figures are a provisional first estimate.

After seasonal adjustment, the August deficit was €6.8 billion, compared with a €1.4 billion surplus in July. The €16.1 billion headline figure is not seasonally adjusted.

Machinery and vehicles shifted from a €7.2 billion surplus a year earlier to a €700 million deficit in August. The energy deficit widened to €26.7 billion from €21.3 billion.

For January through August, the euro area recorded a €5.4 billion goods trade deficit, compared with a €90.9 billion surplus in the same period of 2025.