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Europe Daily Bulletin No. 13468

27 August 2024
EXTERNAL ACTION / Trade
EU’s trade balance remains positive in second quarter of 2024
Brussels, 26/08/2024 (Agence Europe)

The European Union continued to record a trade surplus in the second quarter of 2024, after being in deficit at the start of 2023. However, at €30,815 billion, this surplus is down compared to the first quarter of the year (€40,478 billion).

The energy and machinery sectors saw exports fall between the first and second quarters, while European chemical products continued to sell well abroad (+3.2%).

The main trading partners remain the same: China is the leading country of origin for...

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