FXstreet.com (Barcelona) - German foreign trade surplus has narrowed to 16.7 billion euro in March, from the 16.9 billion surplus posted in February, as imports rose above exports, according to the German Statistics Office.

Imports have increased 3.3% in March above February's level, while exports increased a mere 0.2%. In seasonally adjusted terms, imports increased 0.8%, while exports decreased 0.5% compared to February.

According to data by the Deutsche the German current account showed a surplus of EUR 20.7 billion.