German Trade Surplus, French Deficit Drop

World | February 7, 2014, Friday // 11:40| Views: | Comments: 0
  • Send to Kindle
Bulgaria: German Trade Surplus, French Deficit Drop Photo by EPA/BGNES

Germany's trade surplus has shrunk below the predicted levels in December 2013.

The surplus of Europe's biggest economy at the end of the year was EUR 14.2 B, which is considerably lower than the revised EUR 19.1 B in the previous month, according to the Federal Statistics Bureau (Destatis).

Meanwhile, Germany's overall foreign trade balance for the entire 2013 recorded a surplus of EUR 198.9 B, a historic record high. The figure for 2012 was EUR 189.8 B.

German exports in December dropped by 0.9%, following a 0.7% growth in the preceding month. Imports were also down 0.6%, despite the forecasted 0.9% growth.

The EU's second largest economy, France, recorded a trade deficit of EUR 5.2 B at the end of the year, which is down from EUR 5.7 B in November.

World » Be a reporter: Write and send your article
Tags: Germany, France, trade surplus, trade deficit All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria