FX & CFD trading involves significant risk
Germany exported goods to the value of 97.2 billion euros and imported goods to the value of 76.2 billion euros in May 2016. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 1.6% and imports decreased by 0.1% in May 2016 year on year. After calendar and seasonal adjustment, exports fell by 1.8% and imports rose by 0.1% compared with April 2016.
The foreign trade balance showed a surplus of 21.0 billion euros in May 2016. In May 2015, the surplus amounted to +19.4 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 22.2 billion euros in May 2016.
According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 17.5 billion euros in May 2016, which takes into account the balances of trade in goods including supplementary trade items (+23.3 billion euros), services (-1.8 billion euros), primary income (-3.4 billion euros) and secondary income (-0.6 billion euros). In May 2015, the German current account showed a surplus of 11.7 billion euros.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.