According to the latest data released, the total imports into Germany grew faster than exports from the country during the month of March.

Latest data from the country's statistics office Destatis showed that the total exports rose 0.5 per cent in March while imports increased 0.8 per cent during the month. The largest economy in the

Eurozone and the wider European Union had recorded a fall of 1.2 per cent in exports and a rise of 3.9 per cent in imports in the month of February.

Germany's trade surplus increased in March for the third month to 18.8 billion euros from 16.8 billion euros in February, according to the unadjusted data. On the other hand, seasonal adjusted data showed that the trade surplus fell to 17.6 billion euros during the month compared to 17.7 billion dollars in February.

German economy has one of the lowest levels of unemployment in the European Union at 6.9 per cent, which is about 2.9 million people. The country's economy contracted 0.6 per cent during the fourth quarter of the 2012. Experts say that if the new data shows another contraction in the first quarter of 2013, it would mean that Germany has entered recession.