Exports increased by 1.9 per cent year on year (YoY), while imports fell by 0.6 per cent YoY during the month.

After calendar and seasonal adjustment, Germany exported goods worth €136.5 billion ($147.47 billion) and imported goods worth €114.5 billion ($123.7 billion) in April.

The foreign trade balance showed a surplus of €22.1 billion ($23.87 billion) in the month. The calendar - and seasonally-adjusted surplus stood at €22.2 billion in March this year and €18.7 billion in April.

On a calendar- and seasonally-adjusted basis, Germany exported goods worth €74.1 billion ($80.05 billion) to the member states of the European Union (EU) in April, while it imported goods worth €61.3 billion ($66.22 billion) from these countries in the period.

Compared with March 2024, calendar- and seasonally-adjusted exports to EU countries rose by 1.2 per cent and imports from these countries increased by 4.3 per cent.

The value of the goods exported to euro area countries in April totaled €51.6 billion ($55.74 billion; plus 1.8 per cent), and the value of the goods imported from these countries was €40.7 billion ($43.97 billion; plus 4.4 per cent).

In April, goods worth €22.5 billion (minus 0.1 per cent) were exported to EU countries not belonging to the euro area, while the value of the goods imported from these countries was €20.5 billion (plus 3.9 per cent) on a calendar - and seasonally-adjusted basis.

Exports of goods to countries outside the EU (third countries) amounted to €62.4 billion in April, while imports from these countries totalled €53.2 billion on a calendar- and seasonally-adjusted basis. Compared with March this year, exports to third countries in the month increased by 2 per cent, while imports from those countries declined by 0.4 per cent.

Most German exports in April this year were to the United States. After seasonal and calendar adjustment, exports of goods to the United States were down by 1.2 per cent compared month on month (MoM), with the value of exports to the United States dropping to €14.2 billion.

Exports to China increased by 0.8 per cent MoM to €8.4 billion and exports to the United Kingdom rose by 15.4 per cent MoM to €7.4 billion.

Most imports in April came from China. Goods worth €12.8 billion were imported from there—a 7.8 per cent decrease MoM after calendar and seasonal adjustment.

Imports from the United States dropped by 1 per cent MoM to €7.5 billion. Imports from the United Kingdom increased by 8.8 per cent MoM to €3 billion during the same period.

After seasonal and calendar adjustment, exports to Russia increased by 17.3 per cent MoM to €0.7 billion and by 10.5 per cent YoY in April. Imports from Russia dropped by 2.9 per cent MoM to by 10.5 per cent YoY 0.2 billion and by 43.1 per cent YoY in April.

Germany exported goods worth €140.7 billion and imported goods worth €117.2 billion on a nominal basis (not adjusted for calendar or seasonal effects) in April. Compared with April last year, exports in April this year, therefore, increased by 12.3 per cent and imports rose by 6.6 per cent.

The unadjusted foreign trade balance showed a surplus of €23.6 billion euros in April. In April last year, the surplus was €15.3 billion.

Fibre2Fashion News Desk (DS)