Germany Trade Balance February 2020


Germany: Merchandise exports growth decelerates in February

April 9, 2021

Merchandise exports rose 0.9% month-on-month on a calendar- and seasonally-adjusted basis in February, down from the 1.6% rise recorded in January. Imports, meanwhile, increased 3.6% month-on-month in February, after falling 3.5% in January. The calendar- and seasonally-adjusted trade surplus, moreover, narrowed to a calendar- and seasonally-adjusted EUR 19.1 billion from EUR 21.2 billion in January.

On an annual basis, merchandise exports dropped 1.2% in February, up from the 7.9% nosedive recorded in the prior month. Imports, meanwhile, rose 0.9% in February after falling 9.2% in January. Lastly, the trend pointed down as the 12-month moving sum of the trade balance narrowed to EUR 177.5 billion in February from EUR 180.6 billion in January.


Sample Report

Looking for forecasts related to Trade Balance in Germany? Download a sample report now.


Germany Trade Balance Chart

Germany Trade12m February 2021

Note: 12-month sum of trade balance in EUR billion and annual variation of the 12-month sum of exports and imports in %.
Source: Federal Statistics Office (Destatis).

Germany Economic News

More news

Search form