The first estimate for euro area exports of goods to the rest of the world in November 2020 was €196.7 billion. Compared with November 2019 (€198.6 bn), this is a decrease of 1.0 percent but it nevertheless indicates a return to pre-COVID levels, according to Eurostst. Imports from the rest of the world stood at €170.9 bn, a fall of 4.2 percent compared with November 2019 (€178.4 bn). As a result, the euro area recorded a €25.8 bn surplus in trade in goods with the rest of the world in November 2020,compared with +€20.2 bn in November 2019. Intra-euro area trade fell to €165.4 bn in November 2020, down by 1.3 percent compared with November 2019, informed Eurostst.
