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FGM - Germany records trade surplus of 27.53 EUR billion in January
First Trust Germany AlphaDEX Fund
2024-03-06 03:46:25 ET
Germany's trade surplus increased to EUR 27.5 billion in January, surpassing market forecasts of EUR 21.5 billion and up from an upwardly revised EUR 23.3 billion in the previous month.
It was the largest trade surplus on record, as exports grew more than imports.
Exports rose 6.3% to an 11-month high of EUR 135.6 billion, while imports climbed 3.6% to EUR 108.0 billion.