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German exports in May 2013: –4.8% on May 2012
Germany exported goods to the value of 88.2 billion euros and imported goods to the value of 75.2 billion euros in May 2013. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports decreased by 4.8% and imports by 2.6% in May 2013 on May 2012. The month-on-month comparison showed opposite developments of exports and imports upon calendar and seasonal adjustment. While exports decreased by 2.4% on April 2013, imports increased by 1.7%. The foreign trade balance showed a surplus of 13.1 billion euros in May 2013. In May 2012, the surplus had amounted to 15.6 billion euros. ... (full story)
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