In 2014 the Federal Republic of Germany recorded the highest figures of imports, exports and trade balance surplus.
Preliminary data of Destatis shows that Germany’s imports grew to the highest score of €916.5 billion that is 2% higher than in the previous year. The German exports rose by 3.7% to €1,133. 6 trillion.
The previous high was marked in 2012 when Germany’s shipments amounted to €1,095.8 and imports were €905.9 billion, the German international broadcaster Deutsche Welle informs.
The country ended the last year with the highest trade balance surplus of €217 billion (increase by 11.3%) exceeding the record of 2007 when the surplus totaled €495.3 billion.
Exports from Germany resulted in €103.9 billion in December 2014. This reading was 10% higher than in December 2013, the Federal Statistical Office reports. In comparison with November, exports were 3.4% higher excluding calendar and seasonal adjustments.
In regard to December 2013, imports inched up by 4.1% to €71.1 billion. Calendar and seasonally unadjusted imports tumbled down by 0.8% compared to November.
Germany’s trade balance surplus edged up by 40% in December 2014 against December 2013 making up €19.1 billion that is lower than the November reading by 6.7%.
