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Germany hits record trade surplus

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Frankfurt - Germany's trade surplus reached €216.9bn in 2014, soundly beating a previous record from 2007 of €195.3bn, the German Statistics Office reported Monday.

Total exports equalled €1133.5bn as compared to imports valued at €916.6bn.

The actual trade surplus is slightly lower than first estimates of €217bn. Further revisions of the numbers are expected throughout the year with a final estimate expected in October, the Statistics Office said.

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