Germany's foreign trade balance reached a surplus of €9.4 billion in January, according to a report published by the Federal Statistical Office on Friday, APA reports citing Tele Trader.
Both imports and exports suffered a slight monthly decline (4.2% and 2.8%, respectively), while on the other hand, annual figures saw a major increase (22.1% and 7.5%, respectively).
Most German exports went to the United States during January, while most imports came from China. Imports from the Russian Federation also increased, as foreign trade wasn't yet restricted by Ukraine-related sanctions.
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