German Trade Surplus Little Changed In February
Germany reported a EUR 19.9 billion trade surplus in February of 2017, compared to a EUR 19.8 billion a year earlier, as exports rose 3.1 percent year-on-year to EUR 102.3 billion while imports went up 3.7 percent to EUR 82.4 billion.
In February, sales went up to the EU countries (2.9 percent to EUR 61.2 billion), followed by those to the Euro area countries (3.5 percent to EUR 38.2 billion), EU countries not belonging to the Euro area (1.8 percent to EUR 23.0 billion) and third countries/ countries outside the European Union (3.4 percent to EUR 41.1 billion).
Imports increased to the EU countries (2.6 percent to EUR 54.7 billion), the Euro area countries (2.6 percent to EUR 37.1 billion), EU countries not belonging to the Euro area (2.5 percent to EUR 17.7 billion) and third countries/ countries outside the European Union (6.1 percent to EUR 27.7 billion).
In January 2017, trade surplus was upwardly revised to EUR 14.9 billion.
On a seasonally adjusted basis, exports rose 0.8 percent from the prior month while imports fell 1.6 percent.
4/7/2017 7:02:58 AM