The Euro Area recorded a €1.0 billion trade deficit in April 2026, compared with a €8.7 billion surplus in April 2025 and missing market expectations of a €7.8 billion surplus. Exports of goods increased by 5.0% to €255.4 billion, while imports rose faster, climbing 9.3% to €256.4 billion. The latest data represents a deterioration of €9.7 billion and marks a decline from the €4.9 billion surplus recorded in March 2026. The weaker balance was mainly driven by a widening energy deficit and a smaller surplus in the machinery and vehicles category. For the January to April 2026 period, the Euro Area posted a trade surplus of €12.9 billion, significantly below the €63.7 billion surplus recorded during the same period in 2025.