Germany Trade Surplus Soared in January, Exceeding Forecasts

Wednesday, 6 March 2024, 07:00

The German trade surplus in January reached an impressive €27.5 billion, surpassing the expected €21.5 billion. Exports experienced a significant growth of 6.3%, outpacing the 3.6% increase in imports. Despite weak domestic demand, the trade conditions showed resilience at the beginning of the year, indicating a positive start.
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Germany Trade Surplus Soared in January, Exceeding Forecasts

Germany Trade Surplus Update

The German trade surplus for January stood at a substantial €27.5 billion, beating expectations. Exports surged by 6.3%, outperforming imports which grew by 3.6%. This growth highlights the resilience of Germany's trade sector despite sluggish domestic demand.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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