German exports in April 2017: –2.9% on April 2016

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MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: German exports in April 2017: –2.9% on April 2016

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WIESBADEN – Germany exported goods to the value of 101.0 billion euros and imported goods to the value of 83.0 billion euros in April 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports declined by 2.9%, while imports increased by 5.4% in April 2017 year on year. After calendar and seasonal adjustment, exports were up 0.9% and imports 1.2% compared with March 2017. 

The foreign trade balance showed a surplus of 18.1 billion euros in April 2017. In April 2016, the surplus amounted to 25.3 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 19.8 billion euros in April 2017. 

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 15.1 billion euros in April 2017, which takes into account the balances of trade in goods including supplementary trade items (+20.6 billion euros), services (–1.2 billion euros), primary income (+4.0 billion euros) and secondary income (–8.3 billion euros). In April 2016, the German current account showed a surplus of 28.1 billion euros. 

In April 2017, Germany exported goods to the value of 60.9 billion euros to the Member States of the European Union (EU), while it imported goods to the value of 55.0 billion euros from those countries. Compared with April 2016, exports to the EU countries decreased by 0.5%, while imports from those countries increased by 3.9%. Goods to the value of 38.3 billion euros (–0.2%) were dispatched to the Euro area countries in April 2017, while the value of the goods received from those countries was 37.1 billion euros (+4.1%). In April 2017, goods to the value of 22.6 billion euros (–1.0%) were exported to EU countries not belonging to the Euro area, while the value of the goods which were imported from those countries was 17.9 billion euros (+3.5%). 

Exports of goods to countries outside the European Union (third countries) amounted to 40.2 billion euros in April 2017, while imports from those countries totalled 27.9 billion euros. Compared with April 2016, exports to third countries decreased by 6.3%, while imports from those countries rose by 8.6%.
Flows of commodities and servicesin EUR bnItemAprilJanuarytoAprilMarchAprilJanuarytoApril20172016 1 According to calculations of the Deutsche Bundesbank.Foreign trade1   Exports (f.o.b.)101.0420.4118.2104.0398.42   Imports (c.i.f.)83.0342.392.978.7314.33  Foreign trade balance (1-2)18.178.125.325.384.1Transition to trade in goods 14  Supplementary trade items2.59.72.82.68.0Current account balances 15  Trade in goods (3+4)20.687.828.128.092.16  Services–1.2–4.6–1.3–0.9–4.37  Primary income4.019.96.82.719.78  Secondary income–8.3–22.2–2.5–1.7–15.1Current account (5+6+7+8)15.180.931.128.192.4
Groups of countriesItemApril2017JanuarytoApril2017Percentage change fromApril2016JanuarytoApril2016billion euro%Results in accordance with the EU concept (by country of consignment).Total exports101.0420.4–2.95.5including:EU Member States60.9248.8–0.54.7Euro-zone38.3155.9–0.25.1Non-euro-zone22.693.0–1.04.0Third countries40.2171.6–6.36.7Total imports83.0342.35.48.9including:EU Member States55.0224.73.97.7Euro-zone37.1151.94.17.1Non-euro-zone17.972.83.59.0Third countries27.9117.68.611.2
Foreign trade (special trade)Exports and importsOriginal values/calendar and seasonally adjusted values 1 YearMonthExportsImportsoriginal valuecalendar and seasonally adjusted value 1original valuecalendar and seasonally adjusted value 1value inbillion euroschange on the samemonth of theprevious yearin %value inbillion euroschange on previous monthin %value inbillion euroschange on the samemonth of theprevious yearin %value inbillion euroschange on previous monthin % 1 Using Census X-12-ARIMA2016January88.5–1.498.30.175.31.779.31.2February99.34.198.90.679.54.379.3–0.0March106.7–0.9100.71.880.9–4.377.4–2.4April104.03.9100.6–0.078.7–0.277.60.3May97.01.699.3–1.476.2–0.177.70.2June106.51.299.2–0.182.00.478.30.7July96.0–10.097.6–1.676.9–6.578.3–0.0August96.29.7101.03.576.65.379.82.0September105.90.4100.0–1.081.9–1.679.3–0.6October101.4–4.2100.60.682.2–2.380.00.9November108.05.2103.63.085.94.582.73.4December97.46.3101.5–2.178.87.682.90.12017January98.811.6104.02.484.011.785.12.7February102.43.2105.00.982.43.783.8–1.5March118.210.8105.40.492.914.885.52.1April101.0–2.9106.30.983.05.486.61.2For further information: Dirk Mohr,tel: +49 (0) 611 / 75 24 75,contact form
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