• German trade balance surplus in line with expectations in January

Market news

9 March 2018

German trade balance surplus in line with expectations in January

Germany exported goods to the value of 107.1 billion euros and imported goods to the value of 89.7 billion euros in January 2018. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 8.6% and imports by 6.7% in January 2018 year on year. Compared with December 2017, both exports and imports decreased by a calendar and seasonally adjusted 0.5%.

The foreign trade balance showed a surplus of 17.4 billion euros in January 2018. In January 2017, the surplus amounted to 14.6 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 21.3 billion euros in January 2018.

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