Germany January trade balance €16.7 billion vs €11.0 billion expected

  • Latest data released by Destatis - 3 March 2023
  • Prior €10.0 billion

The German trade surplus widens as exports are seen rising by 2.1% on the month while imports fell by 3.4% on the month in January. The latter likely owes to a further drop in energy imports as prices continue to cool on that front upon the turn of the year.

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