German Trade Surplus Smallest In 3 Months


German trade surplus fell to EUR 18.1 billion in April of 2017 from EUR 25.3 billion in the same month a year earlier. It was the smallest trade surplus since January, as exports declined 2.9 percent year-on-year to EUR 101.0 billion while imports increased 5.4 percent to EUR 83.0 billion.

Sales went down to the EU (-0.5 percent to EUR 60.9 billion); to the Euro Area countries (-0.2 percent to EUR 38.3 billion); to EU countries not belonging to the Euro Area (-1.0 percent to EUR 22.6 billion); and to countries outside the European Union (-6.3 percent to EUR 40.2 billion).

Imports rose from the EU (3.9 percent to EUR 55.0 billion); from the Euro area countries (4.1 percent to EUR 37.1 billion); from EU countries not belonging to the Euro area (3.5 percent to EUR 17.9 billion); and from countries outside the European Union (8.6 percent to EUR 27.9 billion). 

In March 2017, the trade surplus was marginally revised to EUR 25.3 billion.

On a seasonally adjusted basis, the trade surplus came in at EUR 19.8 billion, as exports rose 0.9 percent from the prior month and imports went up 1.2 percent.

German Trade Surplus Smallest In 3 Months


Destatis l Rida Husna | rida@tradingeconomics.com
6/9/2017 9:37:55 AM