The German Trade Balance mainly in surplus
16th April 2012According to gross data published by the Federal Statistics Office, Germany's trade surplus has been up since the beginning of the year. In February 2012 it totalled nearly 14.7 billion euros against 13.2 billion the previous month. Over one year (February 2011-February 2012), Germany's exports towards euro zone member countries increased by 3.3% against a rise of 9.7% for exports the EU member countries that do not use the euro. Exports to third countries outside of the EU rose by 13.4% (this development concerns emerging countries in the main).
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