By Maria Martinez
German exports continued to recover in April despite continued containment restrictions aimed at containing the coronavirus pandemic.
The country’s exports rose 0.3% from March in adjusted terms, the statistics office Destatis said on Wednesday. Economists had forecast an increase of 0.4% in adjusted terms, according to a Wall Street Journal poll.
Imports fell 1.7% on the month, Destatis said. The figures take into account seasonal fluctuations and calendar effects.
In April 2021, exports were 0.5% lower and imports 5.5% higher than in February 2020, the month before restrictions were imposed in Germany due to the coronavirus pandemic.
Germany’s trade surplus – the balance of merchandise exports and imports – totaled 15.9 billion euros ($ 19.4 billion) in calendar and seasonally adjusted terms in April, Destatis said. Economists polled by the Wall Street Journal expected a trade surplus of 16.0 billion euros.
According to the provisional results of the central bank Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 21.3 billion euros in April, taking into account the trade balances of goods, including additional trade items, services, primary income and secondary income. .
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