The foreign trade balance showed a surplus of €15.9bn in January 2015. In January 2014, the surplus amounted to €14.7bn. The seasonal foreign trade balance recorded a surplus of €19.7bn in January 2015.
Based on Bundesbank data, the current account of the balance of payments showed a surplus of €16.8bn in January 2015, which takes into account the balances of trade in goods including supplementary trade items (+€15.8bn), services (–€2.4bn), primary income (+€7.7bn) and secondary income (–€4.4bn). In January 2014, the German current account showed a surplus of €13.9bn.
Shipments to the EU28 amounted to €54.1bn while imports amounted to €47.0bn from those countries. Compared with January 2014, exports to the EU countries decreased by 0.7%, and imports from those countries by 2.7%. Goods to the value of €34.2bn (–2.8%) were dispatched to the Euro area countries in January 2015, while the value of the goods received from those countries* was €32.2bn (–4.5%). In January 2015, goods to the value of €19.9bn (+3.0%) were exported to EU countries not belonging to the Euro area, while the value of the goods imported from those countries was €14.8bn (+1.4%).
Exports of goods to countries outside the European Union (third countries) amounted to €35.8bn in January 2015, while imports from those countries totalled €27.1bn. Compared with January 2014, exports to third countries decreased by 0.5% and imports from those countries by 1.5%.
*Before adjustment for goods from other countries that were transhipped via the port of Rotterdam.
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