Germany: trade surplus increased in December


(CercleFinance.com) – Germany’s foreign trade balance shows a surplus of 22.2 billion euros in December 2023, according to data adjusted for seasonal and calendar variations from Destatis, compared to 20.8 billion in november.

This slight improvement from one month to the next reflects a decrease in German imports of 6.7% to 103.1 billion euros, stronger than the drop in exports, of 4.6% to 125.3 billion. .

Over the past year as a whole, Germany recorded a trade surplus of 209.6 billion euros, with a 9.7% drop in imports compared to 2022, while exports have not slowed down. than 1.4%.

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