Germany's trade surplus fell to €16.0 billion in January 2025, down from €20.7 billion in December 2024, as exports declined by 2.5 per cent while imports rose by 1.2 per cent, accrording to provisional data from the Federal Statistical Office (Destatis) on Monday. Germany's unadjusted trade surplus shrank to €12.6 billion in January 2025, compared to €22.2 billion a year earlier. Exports totalled €129.2 billion, slipping 0.1 per cent compared to January 2024, while imports stood at €113.1 billion, surging 8.7 per cent. Trade with EU countries weakened, with exports dropping 4.2 per cent and shipments to the eurozone declining 5.0 per cent. Non-EU exports fell 0.4 per cent, while imports from third countries rose 3.7 per cent. Among major trade partners, exports to the US dropped 4.2 per cent, while imports from China fell 2.8 per cent. Trade with Russia continued to contract, with imports plunging 37.7 per cent year-on-year. Attribution: Amwal Al Ghad English Subediting: Y.Yasser
