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- German foreign trade balance showed a surplus of 21.8 billion euros in June
German foreign trade balance showed a surplus of 21.8 billion euros in June
Germany exported goods to the value of 115.5 billion euros and imported goods to the value of 93.7 billion euros in June 2018.
This is the highest monthly import value since foreign trade statistics were first published in 1950. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 7.8% and imports by 10.2% in June 2018 year on year. After calendar and seasonal adjustment, exports did not change from May 2018 while imports were up 1.2%.
The foreign trade balance showed a surplus of 21.8 billion euros in June 2018. In June 2017, the surplus amounted to 22.1 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 19.3 billion euros in June 2018.
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