• German trade balance improved in February

Market news

7 April 2017

German trade balance improved in February

Germany exported goods to the value of 102.3 billion euros and imported goods to the value of 82.4 billion euros in February 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 3.1% and imports by 3.7% in February 2017 year on year. Exports and imports showed diverging month-on-month trends on a calendar and seasonally adjusted basis. While exports rose by 0.8% on January 2017, imports were down 1.6%.

The foreign trade balance showed a surplus of 19.9 billion euros in February 2017. In February 2016, the surplus amounted to 19.8 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 21.0 billion euros in February 2017.

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