2025年7月，欧元区贸易顺差从一年前的185亿欧元收窄至124亿欧元，但略高于市场预期的117亿欧元。对美国的高度敏感的顺差从160亿欧元缩减至112亿欧元，因为进口激增（+11.3%）加上出口下降（-4.5%）突显了贸易关税不确定性的持续影响。进口总额增长3.1%，达到2391亿欧元，主要原因是食品和饮料（+9.3%）、化学品（+10.6%）以及机械和车辆（+2.0%）的购买量增加。按目的地划分，来自中国（+3.6%）、英国（+1.0%）、瑞士（+7.3%）和土耳其（+9.0%）的进口有所增长。与此同时，出口增长0.4%，达到2515亿欧元，这得益于食品和饮料（+2.8%）以及机械和车辆（+3.5%）出货量的增长，但受到原材料（-4.7%）、燃料和润滑油（-18.5%）以及化学品（-6.0%）下降的拖累。对英国（+2.9%）、瑞士（+8.8%）和土耳其（+6.3%）的出货量增加抵消了对中国（-8.9%）的下降。
The Euro Area trade surplus narrowed to €12.4 billion in July 2025, down from €18.5 billion a year earlier, but slightly above market expectations of €11.7 billion. The highly sensitive surplus with the US shrank to €11.2 billion from €16.0 billion as the surge in imports (+11.3%) combined with declining exports (-4.5%) highlighted the ongoing impact of trade tariff uncertainty. Total imports climbed 3.1% to €239.1 billion, driven by stronger purchases of food & drink (+9.3%), chemicals (+10.6%), and machinery & vehicles (+2.0%). By destination, imports rose from China (+3.6%), UK (+1.0%), Switzerland (+7.3%), and Turkey (+9.0%). Meanwhile, exports increased 0.4% to €251.5 billion, supported by rising shipments of food & drink (+2.8%) and machinery & vehicles (+3.5%), but weighed down by declines in raw materials (-4.7%), fuels & lubricants (-18.5%), and chemicals (-6.0%). Higher shipments to the UK (+2.9%), Switzerland (+8.8%) and Turkey (+6.3%) offset a decline to China (-8.9%).
