The Eurozone current account surplus narrowed to €38.1 billion in September 2025, down from a revised €43.5 billion a year earlier, largely due to a sharp drop in the primary income surplus, which fell to €0.8 billion from €12.0 billion. At the same time, the secondary income deficit widened to €16.2 billion from €13.6 billion. On the positive side, the goods surplus rose to €34.1 billion from €27.5 billion, supported by exports climbing 6.7% to €250.0 billion while imports increased more slowly by 4.4% to €215.9 billion. The services surplus also strengthened, reaching €19.4 billion compared with €17.6 billion. Looking at the broader picture, the Eurozone’s current account surplus for the first three quarters of 2025 narrowed to €213.4 billion from €306.5 billion in the same period of 2024.

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