German Trade Surplus Widens in February


Germany posted a €19.2 billion trade surplus in February 2015, up from €16.2 billion a year earlier, as exports grew faster than imports.

In February, the country exported goods to the value of € 95.7 billion and imported goods to the value of €76.5 billion. Year-on-year, exports increased by 3.9 percent and imports rose by 0.8 percent. Month-on-month, after calendar and seasonal adjustment, exports increased by 1.5 percent and imports rose by 1.8 percent. 

Germany dispatched goods to the value of €56.6 billion (+3.4 percent year-on-year) to the Member States of the European Union, while it received goods to the value of € 50.7 billion (+0.9 percent) from those countries. Goods to the value of € 35.6 billion (+1.7 percent) were dispatched to the Euro area countries in February 0f 2015, while the value of the goods received from those countries was €34.8 billion (+0.5 percent). Exports to countries outside the European Union amounted to €20.9 billion in February 2015 (+6.4 percent), while imports from those countries totaled €15.9 billion (+2.0 percent). 

In January 2015, Germany posted a €15.9 billion trade surplus, following a €18.9 billion surplus in December.

German Trade Surplus Widens in February


Destatis l Rida Husna l rida@tradingeconomics.com
4/9/2015 9:18:25 AM