Exports improve 4.3% & imports by 2.5% from March 2006

09 Jun '06

2 min read

According to provisional data of the Federal Statistical Office, Germany exported commodities to the value of EUR 69.9 billion and imported commodities to the value of EUR 58.7 billion in April 2006.

German exports of April 2006 thus were 8.4 percent and imports 13.4 percent above the respective April 2005 levels. Upon calendar and seasonal adjustment, exports increased by 4.3 percent and imports by 2.5 percent from March 2006.

The foreign trade balance showed a surplus of EUR 11.2 billion in April 2006. In April 2005, the foreign trade balance showed a surplus of EUR 12.7 billion. Upon calendar and seasonal adjustment, the foreign trade balance showed a surplus of EUR 12.5 billion in April 2006.

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of EUR 7.0 billion in April 2006, which included the balances of supplementary trade items (EUR –1.5 billion), services (EUR –1.1 billion), factor income (net) (EUR +0.8 billion) and current transfers (EUR –2.4 billion). In April 2005, the German current account showed a surplus of EUR 6.3 billion.

In April 2006, Germany dispatched commodities to the value of EUR 44.9 billion to the Member States of the European Union, while it received commodities to the value of EUR 36.8 billion from those countries. Compared with April 2005, dispatches to and arrivals from the EU countries increased by 7.2 percent and 10.0 percent, respectively.

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