German exports and imports grew to record levels in March

Note: This section contains information in English only.
Source: Statistisches Bundesamt
German exports and imports reach new hights after previous record level a year ago, March 2011. In March 2012, Europe's biggest economy exported and imported goods worth EUR 98.9b and EUR 81.5b respectively, accumulating foreign exchange surplus to EUR 17.4b. Balance of payments was in surplus of EUR 19.8b. This includes surpluses in balance of services and net factor income, EUR 5.7b and EUR 1.3b respectively, and shortcoming in current transfers and supplementary items, EUR 3.5b and EUR 1.2 respectively.

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