German Trade Surplus Narrows Slightly in April


In April 2013, the balance of trade showed a surplus of € 18.1 billion down from € 18.8 billion in the previous month. In April 2012, the surplus had amounted to € 14.5 billion. German exports increased by 8.5 percent and imports by 5.2 percent in April 2013 on April 2012. Upon calendar and seasonal adjustment, exports increased by 1.9 percent and imports by 2.3 percent compared with March 2013.

Germany exports amounted to € 94.5 billion and imports to € 76.4 billion in April 2013. Germany dispatched € 52.8 billion of goods to the Member States of the European Union, while it received commodities worth € 49.4 billion from those countries. Compared with April 2012, dispatches to the EU countries increased by 4.7 percent and arrivals from those countries by 6.8 percent.

A total of € 34.5 billion (+4.3 percent) was dispatched to the Euro Area countries in April 2013, while the value of the commodities received from those countries was € 34.5 billion (+5.4 percent).

In April 2013, commodities totaling € 18.4 billion (+5.6 percent) were dispatched to EU countries not belonging to the Euro area, while the value of the commodities which arrived from those countries was € 14.9 billion (+10.1 percent). Compared with April 2012, exports to third countries (outside the EU) increased by 13.6 percent and imports from those countries by 2.4 percent.

German Trade Surplus Narrows Slightly in April


Destatis | Nuno Fontes | nuno@tradingeconomics.com
6/7/2013 9:12:50 AM