German trade surplus lands at €14.3B in January

German trade surplus lands at €14.3B in January
  • Clock-gray 14:10
  • calendar-gray 09 March 2021

The non-adjusted foreign trade surplus in Germany stood at €14.3 billion in January, the country's Federal Statistical Office Destatis said in a report released on Tuesday, APA reports citing Teletrader.

Meanwhile, the trade surplus, adjusted for calendar and season, was at €22.2 billion in January.

Germany's exported goods amounted to €98.1 billion, up 1.4% month-over-month, though it dropped 8% compared to January 2020.

Meanwhile, imports were 4.7% lower compared to the month prior to land at €83.8 billion in January. On an annual basis, the figure sank 9.8%.

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