(Alliance News) - The eurozone's trade surplus and industrial output were both worse than anticipated in April, data published by Eurostat showed Friday.

Annual growth in industrial output slowed to 0.8% in April from 3.7% in March, harsher than the slowdown to 1.4% that had been anticipated by the FXStreet-cited consensus.

Monthly, industrial output fell by 2.4% in April after growth of 2.4% in March, and worse than the consensus of a 1.7% decline.

Meanwhile, the eurozone's trade surplus dived 27% to EUR9.9 billion in April from EUR13.6 billion a year prior. This was far worse than an expected on-year improvement in the surplus to EUR18.2 billion.

The EU's trade surplus with the US notably increased 6.6% to EUR17.7 billion in April from EUR16.6 billion a year ago.

However, it was down 57% from EUR40.8 billion in March 2025.

US President Donald Trump had unveiled sweeping tariffs on most trading partners on April 2, with a baseline 10%, plus steeper duties on dozens of economies, including China and the EU. Most of these higher duties were subsequently paused, though not the 10% baseline charges.

Meanwhile, the EU's trade deficit with China increased 30% to EUR28.1 billion in April from EUR21.6 billion a year ago, but was 8.5% lower than EUR30.8 billion in March 2025.

By Tom Budszus, Alliance News slot editor

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