Germany's trade surplus rose in February

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The Federal Statistical Office of Germany recorded in February the trade balance surplus at the level of 17 billion 900 million euros. Its value increased from 14 billion 600 million euros in January, and the surplus decreased by 2% compared to the same month last year. In February, Germany exported goods and services 3.9% more than a year earlier. Exports amounted to 108 billion 800 million euros. Imports increased by 5.1% to 90 billion 900 million euros. In the first two months of this year, Germany’s foreign trade surplus reached 32.5 billion euros, an increase of 8% over the year. Exports showed an increase of 2.8% to 217 billion 700 million euros. Imports reached 185 billion 200 million euros, an increase of 5%.

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