Trade Balance s.a.

The Trade Balance released by the Eurostat is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the EUR. Generally, if a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR.

Most recent - Tuesday 16 December 2025 10:00

Previous
€18.7B
Revised
€18B
Forecast
-
Actual
€14B

Next event - Thursday 15 January 2026 10:00

Previous
€14B
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Trade Balance s.a. yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Trade Balance s.a. was €14B.

Past events

Date
Forecast
Actual
Tuesday 16 December 2025 10:00
-
€14B
Friday 14 November 2025 10:00
-
€18.7B
Thursday 16 October 2025 09:00
-
€9.7B
Monday 15 September 2025 09:00
-
€5.3B
Monday 18 August 2025 09:00
-
€2.8B
Wednesday 16 July 2025 09:00
-
€16.2B
Friday 13 June 2025 09:00
-
€14B
Friday 16 May 2025 09:00
-
€27.9B
Wednesday 23 April 2025 09:00
-
€21B
Tuesday 18 March 2025 10:00
-
€14B
Monday 17 February 2025 10:00
-
€14.6B
Thursday 16 January 2025 10:00
-
€12.9B
Tuesday 17 December 2024 10:00
-
€6.1B
Monday 18 November 2024 10:00
-
€13.6B
Thursday 17 October 2024 09:00
-
€11B
Monday 16 September 2024 09:00
-
€15.5B
Friday 16 August 2024 09:00
-
€17.5B
Tuesday 16 July 2024 09:00
-
€12.3B
Friday 14 June 2024 09:00
-
€19.4B
Tuesday 21 May 2024 09:00
-
€17.3B
Tuesday 16 April 2024 09:00
-
€17.9B
Monday 18 March 2024 10:00
-
€28.1B
Thursday 15 February 2024 10:00
-
€13B
Monday 15 January 2024 10:00
-
€14.8B
Friday 15 December 2023 10:00
-
€10.9B
Wednesday 15 November 2023 10:00
-
€9.2B
Monday 16 October 2023 09:00
-
€11.9B
Friday 15 September 2023 09:00
€13.5B
€2.9B
Thursday 17 August 2023 09:00
-
€12.5B
Friday 14 July 2023 09:00
€-10.3B
€-0.9B
Thursday 15 June 2023 09:00
€8.5B
€-7.1B
Tuesday 16 May 2023 09:00
€-5.7B
€17B
Thursday 20 April 2023 09:00
€-14.7B
€-0.1B
Monday 20 March 2023 10:00
€-14B
€-11.3B
Wednesday 15 February 2023 10:00
€-8.1B
€-18.1B

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Trade Balance s.a. result:

PreviousLatest
Sentix Investor ConfidenceBullish change-6.2-1.8
Retail Sales (MoM)Bearish change0.3%0.2%
Retail Sales (YoY)Bullish change1.9%2.3%
Industrial Production n.s.a. w.d.a. (YoY)Bearish change1%0.8%
Industrial Production s.a. (MoM)Bearish change2%0.8%
Trade Balance s.a.Bearish change€16.9B€13.1B
Business ClimateBullish change-0.66-0.56
Consumer ConfidenceBullish change-14.6-13.1
Economic Sentiment IndicatorBearish change97.196.7
Producer Price Index (MoM)Bullish change0.1%0.5%
Producer Price Index (YoY)Bearish change-0.5%-1.7%
Unemployment RateBullish change6.4%6.3%
Factory Orders n.s.a. (YoY)Bullish change-0.7%10.5%
Factory Orders s.a. (MoM)Bullish change1.6%5.6%
Core Harmonized Index of Consumer Prices (MoM)Bullish change-0.5%0.3%
Core Harmonized Index of Consumer Prices (YoY)Bearish change2.4%2.3%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.3%0.2%
Harmonized Index of Consumer Prices (YoY)Bearish change2.1%2%
Consumer Price Index (EU Norm) (YoY)Bullish change1.1%1.2%
Consumer Price Index (YoY)Bullish change1.1%1.2%
Unemployment ChangeBearish change1K3K
Unemployment Rate s.a.(no change)6.3%6.3%
Retail Sales (MoM)Bearish change-0.3%-0.6%
Retail Sales (YoY)Bullish change0.9%1.1%
Consumer Price Index (MoM)Bullish change-0.2%0%
Consumer Price Index (YoY)Bearish change2.3%1.8%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.5%0.2%
Harmonized Index of Consumer Prices (YoY)Bearish change2.6%2%
HCOB Composite PMIBearish change51.951.5
HCOB Composite PMIBearish change51.551.3
HCOB Services PMIBullish change52.652.7
HCOB Services PMIBullish change55.657.1
Consumer Price Index (EU norm) (YoY)Bearish change0.8%0.7%
HCOB Manufacturing PMIBearish change47.747
HCOB Manufacturing PMIBearish change50.647.9
HCOB Manufacturing PMIBearish change51.549.6

About Trade Balance s.a.

Country:Eurozone
Currency:EUR
Source:Eurostat
Category:Capital Flows
Frequency:Monthly
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