In 2015, German exports increased by 6.4% compared to the same period last year and amounted to 1 trillion 195.8 billion euro. Imports rose 4.2%, to 948 billion euro, according to preliminary data of the Federal Statistical control of the country (Destatis). Both figures were a record for Germany.
As a result, Germany has completed 2015 with a peak of the foreign trade surplus in the amount of EUR 247.8 billion. The increase compared with the previous year amounted to 16%.
Previous records were set in 2014.
The foreign trade surplus in Germany in the past year rose 16%, to 247.8 billion euro.
In December 2015, exports from Germany amounted to 91.9 billion euro, which is 3.1% more than in December 2014, according to data of the Federal Statistical Office of Germany (Destatis). With the exception of seasonal and calendar factors, exports compared with the previous month decreased by 1.6%.
Imports increased by 3.5% compared to the same period of 2014, to 73.1 billion euro. With the exception of seasonal and calendar factors, imports in December compared to November fell also by 1.6%.
The positive balance of foreign trade in the last month decreased to EUR 18.8 billion from EUR 20.5 billion in November. Compared to December 2014, foreign trade surplus increased by 2.2%.
The volume of industrial production in Germany in December 2015 fell 1.2% compared with September, when it fell 0.1%, according to the Ministry of Economics and Labour. Analysts polled by Bloomberg expected an increase of 0.5%.
Compared to December 2014 industrial output fell 2.2% against the forecast of decline by only 0.6%.
Production in the manufacturing and mining industries in Germany in December fell 1.1% compared with the previous month.
Issue of capital goods decreased by 2.6%, consumer goods fell 1.4%, and intermediate goods increased by 0.8%.