German Trade Surplus at €15.9 Billion in January


Germany posted a €15.9 billion trade surplus in January 2015, up from €14.7 billion a year earlier, but down 19 percent from €18.9 billion reported in December.

In January, the country exported goods to the value of € 89.9 billion and imported goods to the value of €74.0 billion. Year-on-year, exports declined by 0.6 percent and imports declined by 2.3 percent. Month-on-month, after calendar and seasonal adjustment, exports dropped 2.1 percent and imports decresed 0.3 percent. 

Germany dispatched goods to the value of €54.1 billion (-0.7 percent) to the Member States of the European Union, while it received goods to the value of € 47.0 billion (-2.7 percent) from those countries. Goods to the value of € 34.2 billion (-2.8 percent) were dispatched to the Euro area countries in January 0f 2015, while the value of the goods received from those countries was €32.2 billion (-4.5 percent). Exports to countries outside the European Union amounted to €19.9 billion in January 2015 (+3.0 percent), while imports from those countries totaled €14.8 billion (+1.4 percent). 

In December 2014, Germany posted a €18.9 billion trade surplus, following a €17.9 billion  surplus in a month earlier.

German Trade Surplus at €15.9 Billion in January


Destatis l Rida Husna l rida@tradingeconomics.com
3/9/2015 8:21:26 AM