Romania posts largest trade deficit in EU during Q4 2024

Business Forum

4 April, 2025 at 5:03 PM

Eurostat data shows that 18 member states recorded surpluses, eight recorded deficits and one member state had its current account in balance in Q4 2024.

The highest surpluses were observed in Germany (+€50.4 billion), the Netherlands (+€38.9 billion), Ireland (+€18.2 billion), Denmark (+€15.2 billion), France (+€14.8 billion), Italy (+€9.9 billion) and Sweden (+€9.7 billion).

Meanwhile, the largest deficits were recorded for Romania (-€9.4 billion) and Greece (-€7.3 billion).

The EU seasonally adjusted current account of the balance of payments recorded a surplus of €113.2 billion (+2.5% of GDP), compared with a surplus of €107.5 billion (+2.4% of GDP) in Q3 2024 and a surplus of €103.4 billion (+2.4% of GDP) in Q4 2023.

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