After the dispute over their duties with the USAthe eurozone’s trade surplus has declined sharply.
Specifically, under the pressure of US President Donald Trump’s duties, the eurozone’s trade surplus decreased from € 37.3 billion in March to EUR 9.9 billion in April, as announced by EU statistical service today (13.6.2025).
The low elements are not unexpected, however. US companies had expedite their markets in February and March due to the threat of import duties from US President Donald Trump.
EU total exports to the US, their largest trading partner, amounted to € 47.6 billion in April. The deliveries were therefore significantly below 71.1 billion euros of the previous month.
Eurozone exports to countries outside the monetary union declined by 8.2% on a monthly basis, while data on the EU as a whole decreased by 9.7%. According to Eurostat, the decrease is mainly due to the sharp decline in exports of chemicals.
These are likely to be mainly due to the exports of medicinal products from Ireland, where many international companies are based for tax purposes.