Brandenburg Gate in Berlin, Germany

Germany Trade February 2023

Germany: Merchandise exports grow at a slower pace in February

Merchandise exports climbed 6.3% on an annual basis in February, following January’s 12.8% upturn. February’s figure marked the softest growth since February 2021. Meanwhile, merchandise imports rose 2.6% in annual terms in February (January: +9.1% yoy), marking the weakest result since February 2021.

As a result, the merchandise trade balance improved from the previous month, recording a USD 16.9 billion surplus in February (January 2023: USD 10.0 billion surplus; February 2022: USD 12.1 billion surplus). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 13.5 billion surplus in February, compared to the USD 14.3 billion surplus in January.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen