Opens in a new tab

Breaking news

Euro Area Trade Surplus Squeezed In November 2025 As Machinery Exports Slide

The euro area recorded a €9.90 billion surplus in trade in goods with the rest of the world in November 2025, marking a notable decline from the €15.40 billion surplus in November 2024. Eurostat’s latest data points to a cooling in international trade activity, driven primarily by weaker exports of manufactured goods, despite improvements in the energy sector.

Declining Exports And Imports

In November 2025, the euro area’s exports fell to €240.20 billion, a 3.4 percent drop from €248.70 billion a year earlier. Imports declined by 1.3 percent to €230.30 billion, compared with €233.30 billion in November 2024. This contraction in trade was mainly due to reduced activity in the manufacturing sector, which was only partially offset by gains in energy.

Sectoral Shifts: Improvement In Energy Performance

Among the notable shifts, the energy sector showed substantial improvement. The energy deficit was narrowed significantly, decreasing from a minus €24.30 billion in November 2024 to minus €17.60 billion in November 2025. This improvement underscores strategic adjustments in energy-related policies and investments aimed at mitigating broader economic challenges.

Year-To-Date Performance And Trends

For the first 11 months of 2025, the euro area achieved a total surplus of €152.70 billion, a decrease from €156.80 billion in the same period of 2024. During this period, exports to the rest of the world increased by 2.3 percent to €2.70 trillion, while imports edged up by 2.6 percent to €2.55 trillion. Intra-euro area trade also grew by 1.6 percent, reaching €2.42 trillion, reflecting steady domestic market activities within the single currency bloc.

European Union Trade Outlook

Across the wider European Union, the trade surplus in November 2025 stood at €8.10 billion, compared with €11.80 billion in November 2024. EU exports fell by 4.4 percent to €213.80 billion, while imports declined by 2.9 percent to €205.70 billion. Although the energy deficit improved, shrinking from €28.20 billion to €20.40 billion, weaker performance in key manufacturing segments, particularly machinery and vehicles, weighed on the overall balance.

Over the first 11 months of 2025, the EU recorded a trade surplus of €122.40 billion, down from €128.00 billion in the same period of 2024. Exports and imports increased by 2 percent and 2.3 percent respectively, while intra-EU trade grew by 2.2 percent to €3.82 trillion. The data points to mixed trends across EU trade rather than a uniform pattern of expansion or contraction.

Seasonally Adjusted Insights

On a seasonally adjusted month-to-month basis, figures for November 2025 show that euro area exports increased by 1.1 percent and imports by 2.5 percent, resulting in a surplus of €10.70 billion. In the European Union, exports rose by 2 percent and imports by 3.5 percent, yielding a seasonally adjusted surplus of €8.80 billion.

During the three months from September to November 2025, trade with non-euro and non-EU partners revealed divergent trends. Manufactured goods continued to face challenges, while energy-related trade showed relative strength.

Sweden Restricts ChatGPT And Claude On Government Work Computers Over Data Security

Swedish government employees can no longer access browser-based versions of OpenAI’s ChatGPT or Anthropic’s Claude on work computers, as officials tighten controls over how sensitive information is handled.

Concerns Over Sensitive Data

The restriction follows a review of artificial intelligence tools used by staff at the Swedish Transport Administration earlier this year. The review identified what officials described as “problematic” uses of the platforms in government work.

Officials were concerned that, without agreements specifying how data is protected, employees could enter sensitive information into services that might retain it or use it to train their models. The use of tools outside approved security arrangements—often referred to as shadow IT—could have “consequences for our information security,” said Mikael Wettercrantz, director of digitalisation at the Government Offices of Sweden.

Microsoft Copilot Recommended Under Security Agreement

The government is recommending Microsoft Copilot as an alternative. The service has passed a security screening process and is covered by an agreement between Microsoft and the Swedish government.

AI tools will remain available to government workers, but under tighter controls. A limited number of employees may continue using ChatGPT and Claude through a dedicated platform for AI assistants developed by Swedish authorities.

Restrictions Extend Beyond One Agency

According to Swedish public broadcaster Sveriges Radio, restrictions on ChatGPT and Claude have also been introduced at the Swedish Tax Agency and the National Board of Institutional Care. The Swedish Enforcement Authority is reviewing its approach.

Part Of A Wider Review Of AI Tools

ChatGPT and Claude join DeepSeek on the Swedish government’s list of AI tools that are not approved because of data-security concerns. The article also reports that the United States announced a ban on products and services from the Chinese AI company the previous week.

The decision highlights a central challenge for public-sector AI adoption: agencies must balance the potential efficiency gains of generative AI with clear safeguards for confidential information. For government organizations, approved tools and formal data-protection agreements are becoming essential conditions for use.

Aretilaw firm
eCredo
The Future Forbes Realty Global Properties
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter