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Economy And The Numbers

German Trade Surplus Shrinks In July

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Germany's foreign trade surplus decreased in July as exports fell faster than imports, official data showed on Monday.

Exports posted a monthly decrease of 0.6 percent in July, reversing a 1.1 percent recovery in June, Destatis reported.

Imports dropped slightly by 0.1 percent after rising 4.1 percent in a month ago.

As a result, the trade surplus shrank to EUR 14.7 billion from EUR 15.4 billion in June. The expected surplus was also EUR 15.4 billion. Moreover, this was the smallest trade surplus since September 2024.

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