The next chart looks at the EU28’s imports and exports to/from the rest of the world – and shows that until 2012, the EU was permanently in deficit. Since then, however, imports and exports have been much nearer to balance on a regular basis. The EZ ‘rest of world’ surplus is therefore matched by the ‘rest of world’ deficit of the UK and other non-Euro EU states.
![Trade in goods EU international feb 2015.PNG](http://www.primeeconomics.org/wp-content/uploads/2020/10/TradeingoodsEUinternationalfeb2015.png)