A container ship leaves the port in Hamburg, Germany March 11, 2020. REUTERS/Fabian Bimmer
A container ship leaves the port in Hamburg, Germany March 11, 2020. REUTERS/Fabian Bimmer
Home » News » Business & Economy » German exports rise unexpectedly in May
Business & Economy

German exports rise unexpectedly in May

By Maria Martinez

July 9 (Reuters) – German exports rose unexpectedly in May, increasing by 0.9% compared with the previous month, data from the federal statistics office showed on Thursday.

Video Thumbnail

The result compared with a forecast 0.3% decrease in a Reuters poll.

Imports were down 2.5% on a calendar and seasonally adjusted basis.

The foreign trade balance showed a surplus of €19.1 billion in May, up from €14.7 billion in April.

Exports to EU countries dropped by 1.1% on the month, while exports of goods to countries outside the EU increased by 3.6%.

(Additional reporting by Basile Day. Editing by Linda Pasquini)

Image

By Maria Martinez | Reuters | © Copyright Thomson Reuters 2026.

Related posts

Leave a Comment