German Trade Surplus Widens in May


Germany posted a €19.6 billion trade surplus in May 2015, up from €17.5 billion a year earlier, as exports grew by 4.6 percent year-on-year while imports increased by 3.0 percent.

In May, the country exported goods to the value of € 95.9 billion and imported goods to the value of €76.3 billion. Month-on-month, after calendar and seasonal adjustment, exports increased by 1.7 percent while imports rose by 0.4 percent. 

Germany dispatched goods to the value of €56.5 billion (+6.2 percent year-on-year) to the Member States of the European Union, while it received goods to the value of € 51.0 billion (+5.2 percent) from those countries. Goods to the value of € 35.6 billion (+5.1 percent) were dispatched to the Euro area countries in May 0f 2015, while the value of the goods received from those countries was €35.1 billion (+5.5 percent). Sales to EU countries not belonging to the Euro area increased by 8.2 percent to €20.8 billion while the value of the goods which arrived from those countries was 15.9 billion euros (+4.6 percent).

Exports to countries outside the European Union amounted to €20.8 billion in May 2015 (+8.2 percent), while imports from those countries totaled €15.9 billion (+4.6 percent). Exports of goods to countries outside the European Union (third countries) amounted to €39.4 billion (+2.3 percent) in May 2015, while imports from those countries totalled €25.3 billion (-1.3 percent).  

In April 2015, Germany posted a revised €21.9 billion trade surplus, following a €23.1 billion surplus in March.

German Trade Surplus Widens in May


Destatis l Rida Husna l rida@tradingeconomics.com
7/9/2015 10:59:07 AM