Trade Balance in Germany

Germany - Trade Balance
Exports rise in February
German exports rose 1.3% month-on-month on a seasonally- and calendar-adjusted basis, up from January’s revised 0.1% increase (previously reported: flat reading). Imports, on the other hand, fell 1.6% over the prior month in February, contrasting the revised 0.6% expansion recorded in January (previously reported: +0.5% month-on-month). Consequently, the calendar- and seasonally-adjusted trade surplus widened to EUR 21.6 billion in February from EUR 18.7 billion in January.
Compared to the same month a year prior, exports rose 0.4% and swung from January’s 1.9% drop, while imports fell 2.9%, down from January’s 1.5% contraction. The 12-month moving average of export growth, meanwhile, eased to 0.2% in February from 0.5% in January, while the 12-month moving average of import growth moderated from 0.9% in January to 0.2% in February. All told, the 12-month rolling sum of the trade balance edged up from a EUR 225.5 billion surplus in January to EUR 229.2 billion in February.
Germany - Trade Balance Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Trade Balance (USD billion) | 274 | 277 | 287 | 271 | 250 |
Germany Trade Balance Chart

Source: German Central Bank.
Germany Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | -0.19 | 0.41 % | Jan 01 |
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Germany: Business confidence rises but remains pessimistic in January
January 25, 2023
Business confidence rose to 90.2 in January from December's 88.6.
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January 24, 2023
The GfK consumer climate index is forecast to rise further to minus 33.9 in February from minus 37.6 in January. The expected uptick in sentiment follows backward-looking data for January, which is released simultaneously and underpins the February expectation. Looking at the January data, consumers became less pessimistic about the economy and their personal finances in the year ahead.
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January 17, 2023
Harmonized inflation eased to 9.6% in December from November’s 11.3%, undershooting significantly market expectations of 11.2%.
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January 9, 2023
On a seasonally-adjusted monthly basis, industrial production rebounded 0.2% in November (October: -0.4% s.a.