Destatis released its trade data for Germany on Tuesday. Germany’s trade surplus increased to €26.0 billion in March from 20.2 in February. February’s figure was revised down from a surplus of €20.3 billion.
Exports climbed 1.9% in March, while imports were down 2.3%.
On a yearly basis, German exports decreased 0.5% in March, while imports slid by 4.3%.
Germany’s current account surplus was €30.4 billion in March, up from €21.1 billion in February. February’s figure was revised up from a surplus of €20.0 billion.
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