German Trade Surplus Widens in January


Germany recorded a € 15 billion trade surplus in January of 2014, up from a revised € 13.9 billion in the previous month and € 13.6 billion a year earlier, as exports increased by an annual 2.9 percent and imports by 1.5 percent.

Exports of goods amounted to € 90.7 billion (not seasonally adjusted) and imports to € 75.7 billion.

German enterprises sold goods worth € 54.5 billion to the EU Member States and imported € 48.3 billion from those countries. Compared with January 2013, exports to the EU countries increased by 5.3 percent and imports by 3.6 percent. 

Goods worth € 35.1 billion (+3.2 percent yoy) were dispatched to the Euro area countries and the value of the goods received from those countries was € 33.5 billion (+4.0 percent).  

Exports of goods to countries outside the European Union amounted to € 36.2 billion in January of 2014, (+0.4 percent yoy) while imports from those countries totaled € 27.4 (+ 1.9 percent).

German Trade Surplus Widens in January


Destatis | Joana Taborda | joana.taborda@tradingeconomics.com
3/11/2014 10:18:51 AM