The Euro Area posted a trade surplus of €8.6 billion in June 2026, up from €4.8 billion in June 2025 and comfortably exceeding market expectations for a €2.2 billion deficit. This marked the largest monthly surplus since February, driven by a sharp rebound in external demand.
Exports of goods rose by 14.4% to €272.5 billion, the highest level in more than a year, while imports increased at a slower pace of 13.1% to €264 billion. Compared with the same month a year earlier, the trade balance improved by €3.8 billion.
The stronger position was underpinned mainly by a wider surplus in chemicals and related products, as well as additional surpluses in other manufactured goods and in food and drink. These gains more than offset a deeper deficit in energy. The surplus in machinery and vehicles also recorded a modest improvement.