German exports in November 2017: +8.2% on November 2016

By   /  January 9, 2018  /  Comments Off on German exports in November 2017: +8.2% on November 2016

    Print       Email

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

Headline: German exports in November 2017: +8.2% on November 2016

Enlarge picture
WIESBADEN – Germany exported goods to the value of 116.5 billion euros and imported goods to the value of 92.8 billion euros in November 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 8.2% and imports by 8.3% in November 2017 on the same month a year earlier. After calendar and seasonal adjustment, exports were up 4.1% and imports 2.3% compared with October 2017.  

The foreign trade balance showed a surplus of 23.7 billion euros in November 2017. In November 2016, the surplus amounted to 22.0 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 22.3 billion euros in November 2017. 

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 25.4 billion euros in November 2017, which takes into account the balances of trade in goods including supplementary trade items (+25.4 billion euros), services (–0.6 billion euros), primary income (+5.9 billion euros) and secondary income (–5.2 billion euros). In November 2016, the German current account showed a surplus of 24.9 billion euros. 

In November 2017, Germany exported goods to the value of 67.9 billion euros to the Member States of the European Union (EU), while it imported goods to the value of 62.1 billion euros from those countries. Compared with November 2016, exports to the EU countries increased by 8.0%, and imports from those countries by 9.5%. Goods to the value of 43.0 billion euros (+9.1%) were dispatched to the Euro area countries in November 2017, while the value of the goods received from those countries was 41.3 billion euros (+9.5%). In November 2017, goods to the value of 24.9 billion euros (+6.2%) were exported to EU countries not belonging to the Euro area, while the value of the goods imported from those countries was 20.8 billion euros (+9.6%). 

Exports of goods to countries outside the European Union (third countries) amounted to 48.5 billion euros in November 2017, while imports from those countries totalled 30.7 billion euros. Compared with November 2016, exports to third countries increased by 8.4% and imports from those countries by 5.9%.

Flows of commodities and servicesin EUR bnItemNovemberJanuary toNovemberOctoberNovemberJanuarytoNovember20172016 1 According to calculations of the Deutsche Bundesbank.Foreign trade1   Exports (f.o.b.)116.51,178.6108.0107.61,106.72   Imports (c.i.f.)92.8951.889.185.7876.13  Foreign trade balance (1-2)23.7226.818.922.0230.6Transition to trade in goods 14  Supplementary trade items1.721.82.01.621.0Current account balances 15  Trade in goods (3+4)25.4248.620.923.6251.56  Services–0.6–22.4–3.4–0.3–23.07  Primary income5.948.65.65.741.88  Secondary income–5.2–47.2–4.2–4.0–36.0Current account (5+6+7+8)25.4227.618.824.9234.4
Groups of countriesItemNovember2017JanuarytoNovember2017Percentage change fromNovember2016JanuarytoNovember2016billion euro%Results in accordance with the EU concept (by country of consignment).Total exports116.51,178.68.26.5including:EU Member States67.9692.18.06.2Euro-zone43.0434.29.16.9Non-euro-zone24.9257.96.25.0Third countries48.5486.58.47.0Total imports92.8951.88.38.6including:EU Member States62.1627.69.58.1Euro-zone41.3422.09.57.3Non-euro-zone20.8205.69.69.8Third countries30.7324.35.99.7
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-ARIMA2016January88.7–1.198.2–0.275.31.779.11.0February98.63.498.30.179.44.379.20.2March106.5–1.1100.32.181.0–4.277.4–2.4April103.93.8100.30.078.8–0.177.3–0.1May96.81.498.7–1.676.30.077.3–0.0June106.10.899.20.582.10.478.61.7July95.8–10.298.0–1.277.0–6.578.4–0.3August96.09.4100.42.476.65.479.81.9September105.60.199.9–0.581.9–1.679.7–0.2October101.1–4.5100.40.682.2–2.280.51.0November107.64.8103.22.785.74.282.42.4December97.16.0101.4–1.878.87.582.70.32017January98.611.1103.42.084.011.784.72.4February102.33.7105.01.582.43.783.9–1.0March118.211.0105.10.193.014.885.41.9April100.9–3.0105.90.783.15.586.41.1May110.514.2107.31.388.716.387.00.7June107.21.0105.3–1.885.13.784.3–3.1July103.17.6105.30.084.49.685.91.9August103.07.3107.92.483.08.286.60.8September110.44.5107.5–0.386.35.485.6–1.1October108.06.9107.1–0.389.18.487.21.8November116.58.2111.64.192.88.389.22.3For further information: Achim Hees,tel: +49 (0) 611 / 75 24 75,contact form
Press release in other language
to the top

    Print       Email

You might also like...

BMW Modellpflege-Maßnahmen zum Frühjahr 2018*.

Read More →