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09.06.2017, 06:45

Germany exported goods to the value of 101.0 billion euros and imported goods to the value of 83.0 billion euros in April

Germany exported goods to the value of 101.0 billion euros and imported goods to the value of 83.0 billion euros in April 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports declined by 2.9%, while imports increased by 5.4% in April 2017 year on year. After calendar and seasonal adjustment, exports were up 0.9% and imports 1.2% compared with March 2017.

The foreign trade balance showed a surplus of 18.1 billion euros in April 2017. In April 2016, the surplus amounted to 25.3 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 19.8 billion euros in April 2017.

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 15.1 billion euros in April 2017, which takes into account the balances of trade in goods including supplementary trade items (+20.6 billion euros), services (-1.2 billion euros), primary income (+4.0 billion euros) and secondary income (-8.3 billion euros). In April 2016, the German current account showed a surplus of 28.1 billion euros.

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