• EUR +17.3 bln prev revised up from 17.2 bln
  • exports sa m/m -1.3 % vs -0.5% exp vs +2.2% prev
  • imports sa m/m +0.4% vs +0.1% vs +4.1% prev
  • exports y/y unadj +4.6%
  • imports y/y unadj +6.5%
  • Feb c/a surplus EUR +13.9 bln vs +15.2 bln prev revised from 15.0 bln

Weaker than expected headline, lower exports , higher imports sees EURUSD unfazed at 1.3791

Imports at highest level since re-unification indicating solid consumer demand

German trade balance Feb

German trade balance Feb