German trade surplus at €20.4 billion in November - Breaking The News
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German trade surplus at €20.4 billion in November

EPA-EFE/FOCKE STRANGMANN

Germany's calendar and seasonally adjusted trade surplus came in at €20.4 billion in November, rising from €17.7 billion registered the previous month, the country's Federal Statistical Office Destatis said in its report issued on Monday.

Exports amounted to €131.2 billion, increasing by 3.7% on a monthly basis, but declining by 5.0% on an annual one. Meanwhile, imports stood at €110.8 billion, up by 1.9% month-on-month, yet 12.2% lower year-on-year.

Germany's exports to the European Union were worth €71.5 billion, growing by 5.4% compared to the previous month. Its imports from those countries observed a monthly rise of 2.8% and were valued at €58.9 billion.

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