Latest data released by Destatis - 9 August 2021

Germany
  • Exports +1.3% vs +0.4% m/m expected
  • Prior +0.3%
  • Imports +0.6% vs +0.8% m/m expected
  • Prior +3.4%

A modest pickup in German trade conditions, which have recovered well since the pandemic crisis. After accounting for seasonal adjustment, exports were 1.1% and imports were 10.0% higher than that of February 2020.