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The European Union's goods trade deficit widened significantly to €25.2 billion in August 2026, compared to €7.5 billion in August 2025. Extra-EU imports jumped 18.2% year-on-year to reach €228.0 billion, outstripping export growth of 9.4%, which totaled €202.9 billion. The deterioration reflects rising import demands alongside structural shifts in key trade sectors like machinery and growing imbalances with China.
