Germany December trade balance €22.2 billion vs €18.8 billion expected

  • Latest data released by Destatis - 5 February 2024
  • Prior €20.4 billion

The German trade surplus grew in December but not in the best way. Exports were seen down 4.6% on the month but was eclipsed by a 6.7% decline in imports. As a whole in 2023, the trade balance in Europe's largest economy stood at €209.6 billion.

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