BERLIN (Reuters) – German exports slumped in April as the coronavirus crisis slashed demand for goods from Europe’s biggest economy, the Federal Statistics Office said on Tuesday.
Seasonally adjusted exports dived 24% on the month while imports slid by 16.5%. The trade surplus shrank to 3.2 billion euros, the Statistics Office said.
Economists polled by Reuters had expected exports to fall by 15.6% and saw imports down 16%. The trade surplus was expected to come in at 10.0 billion euros.
(Reporting by Madeline Chambers; editing by Thomas Seythal)
