German Trade Surplus Increases in March


Germany posted a €23.0 billion trade surplus in March 2015, up from €16.8 billion a year earlier and the largest since July 2014, as exports grew by 12.4 percent year-on-year while imports increased by 7.1 percent.

In March, the country exported goods to the value of € 107.5 billion and imported goods to the value of €84.5 billion. Month-on-month, after calendar and seasonal adjustment, exports increased by 1.2 percent and imports rose by 2.4 percent. 

Germany dispatched goods to the value of €61.5 billion (+10.8 percent year-on-year) to the Member States of the European Union, while it received goods to the value of € 55.0 billion (+5.1 percent) from those countries. Goods to the value of € 38.6 billion (+9.1 percent) were dispatched to the Euro area countries in March 0f 2015, while the value of the goods received from those countries was €37.8 billion (+4.9 percent). Exports to countries outside the European Union amounted to €23.0 billion in March 2015 (+13.7 percent), while imports from those countries totaled €17.2 billion (+5.4 percent). 

In February 2015, Germany posted a €19.5 billion trade surplus, following a €15.9 billion surplus in January.

German Trade Surplus Increases in March


DESTATIS l Rida Husna l rida@tradingeconomics.com
5/8/2015 8:42:09 AM