In May 2024, German exports were down 3.6% and imports dropped 6.6% on a calendar and seasonally adjusted basis compared with April 2024. Based on provisional data, the Federal Statistical Office (Destatis) also reports that exports decreased by 1.6% and imports fell by 8.7% compared with May 2023.

The foreign trade balance showed a surplus of 24.9 billion euros in May 2024. The calendar and seasonally adjusted surplus stood at 22.2 billion euros in April 2024 and 16.8 billion euros in May 2023.

Source: Destatis
Post by: Republic of Türkiye Ministry of Trade