German exports slumped more than forecast in February, data released Wednesday showed, pointing to the impact of recent turmoil in emerging economies, according to dpa. Monthly exports slumped by 1.3 per cent after gaining 2.2 per cent in January, the Federal Statistics Office said. Imports rose 0.4 per cent after surging by 4.1 per cent in January, thanks to the strength of the domestic market as well as solid demand from key eurozone trading partners. As a result, the trade surplus narrowed to 15.7 billion euros (20.8 billion dollars) from 17.1 billion euros in January, the statistics office said. German exports in February were 4.6 per cent higher compared with the same last year, while imports 6.5 per cent on the year. While exports to the 18-member eurozone rose 3.7 per cent in February compared with a year earlier, exports to nations outside the European Union, which includes the United States, China as well as troubled emerging economies, rose by 1.8 per cent. Imports from the eurozone were up 8.4 per cent in the year, while imports from non-EU states gained 2 per cent.
