Destatis released its trade data for Germany on Tuesday. Germany's trade surplus decreased to €18.8 billion in December from 20.5 in November. November's figure was revised down from a surplus of €20.6 billion.

Exports fell 1.6% in December, while imports decreased 1.6%.

On a yearly basis, German exports increased 3.2% in December, while imports rose by 3.5%.

Germany's current account surplus was at €25.6 billion in December, up from €24.3 billion in November. November's figure was revised down from a surplus of €24.7 billion.

In 2015 as whole, the trade surplus climbed to €247.8 billion from €213.6 billion. The latest figure was the highest ever recorded. Exports increased 6.4% in 2015, while imports rose 4.2%.