German exports in August 2018: +2.2% on August 2017

By   /  October 9, 2018  /  Comments Off on German exports in August 2018: +2.2% on August 2017

    Print       Email

Source: Destatis Statistisches Bundesamt – In EnglishExports, August 2018105.2 billion euros-0.1% on the previous month (calendar and seasonally adjusted)+2.2% on the same month a year earlierImports, August 201888.1 billion euros-2.7% on the previous month (calendar and seasonally adjusted)+6.2% on the same month a year earlierForeign trade balance, August 2018:17.2 billion euros18.3 billion euros (calendar and seasonally adjusted)Current account of the Deutsche Bundesbank, August 201815.3 billion euros Enlarge picture WIESBADEN – Germany exported goods to the value of 105.2 billion euros and imported goods to the value of 88.1 billion euros in August 2018. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports in August 2018 increased by 2.2% and imports by 6.2% on August 2017. After calendar and seasonal adjustment, exports were down 0.1% and imports 2.7% compared with July 2018.
The foreign trade balance showed a surplus of 17.2 billion euros in August 2018. In August 2017, the surplus amounted to +20.0 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 18.3 billion euros in August 2018.
According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 15.3 billion euros in August 2018, which takes into account the balances of trade in goods including supplementary trade items (+18.2 billion euros), services (-5.6 billion euros), primary income (+6.5 billion euros) and secondary income (-3.8 billion euros). In August 2017, the German current account showed a surplus of 17.8 billion euros.In August 2018, Germany exported goods to the value of 59.3 billion euros to the Member States of the European Union (EU), while it imported goods to the value of 48.3 billion euros from those countries. Compared with August 2017, exports to the EU countries increased by 1.2%, and imports from those countries by 5.2%. Goods to the value of 36.4 billion euros (+1.3%) were dispatched to the Euro area countries in August 2018, while the value of the goods received from those countries was 31.4 billion euros (+7.2%). In August 2018, goods to the value of 22.9 billion euros (+1.1%) were exported to EU countries not belonging to the Euro area, while the value of the goods imported from those countries was 17.0 billion euros (+1.8%).
Exports of goods to countries outside the European Union (third countries) amounted to 45.9 billion euros in August 2018, while imports from those countries totalled 39.7 billion euros. Compared with August 2017, exports to third countries increased by 3.5% and imports from those countries by 7.2%.
Flows of commodities and servicesin EUR bn
Item
August
JanuarytoAugust
July
August
JanuarytoAugust
2018
2017
1 According to calculations of the Deutsche Bundesbank
Foreign trade
1   Exports (f.o.b.)
105.2
879.0
111.0
103.0
843.8
2   Imports (c.i.f.)
88.1
723.1
94.5
83.0
683.7
3  Foreign trade balance (1-2)
17.2
155.9
16.5
20.0
160.1
Transition to trade in goods 1
4  Supplementary trade items
1.0
14.7
1.9
1.5
15.6
Current account balances 1
5  Trade in goods (3+4)
18.2
170.6
18.4
21.5
175.7
6  Services
-5.6
-14.1
-4.3
-5.4
-17.1
7  Primary income
6.5
37.5
5.6
5.2
35.7
8  Secondary income
-3.8
-28.3
-4.7
-3.5
-36.5
Current account (5+6+7+8)
15.3
165.7
15.1
17.8
157.7
Groups of countries
Item
August2018
JanuarytoAugust2018
change on
August2017
JanuarytoAugust2017
billion euro
%
Total exports
105.2
879.0
2.2
4.2
including:
EU Member States
59.3
520.5
1.2
5.2
Euro-zone
36.4
329.1
1.3
6.1
Non-euro-zone
22.9
191.4
1.1
3.7
Third countries
45.9
358.6
3.5
2.7
Total imports
88.1
723.1
6.2
5.8
including:
EU Member States
48.3
413.4
5.2
6.4
Euro-zone
31.4
269.3
7.2
7.0
Non-euro-zone
17.0
144.1
1.8
5.3
Third countries
39.7
309.7
7.2
4.9

Foreign trade (special trade)Exports and importsOriginal values/calendar and seasonally adjusted values 1 
Year
Month
Exports
Imports
original value
calendar and seasonallyadjusted value 1
original value
calendar and seasonallyadjusted value 1
value inbillion euros
change on the samemonth of theprevious yearin %
value inbillion euros
change onprevious monthin %
value inbillion euros
change on the samemonth of theprevious yearin %
value inbillion euros
change onprevious monthin %
1 Using Census X-12-ARIMA
2017
January
98.6
11.1
103.0
2.2
84.0
11.7
84.3
2.6
February
102.3
3.7
105.4
2.3
82.4
3.7
84.2
-0.2
March
118.2
11.0
105.2
-0.2
93.0
14.8
85.9
2.1
April
100.9
-3.0
106.2
0.9
83.1
5.5
86.4
0.6
May
110.5
14.2
107.4
1.1
88.7
16.3
87.1
0.7
June
107.2
1.0
105.3
-2.0
85.1
3.7
84.5
-3.0
July
103.1
7.6
105.5
  0.3
84.4
9.6
86.1
1.9
August
103.0
7.3
107.9
2.3
83.0
8.2
86.7
0.7
September
110.3
4.4
107.5
-0.4
86.4
5.5
85.8
-1.0
October
108.0
6.9
107.4
-0.1
89.2
8.5
87.3
1.8
November
116.3
8.1
110.8
3.2
92.8
8.3
88.8
1.6
December
100.5
3.5
110.7
-0.1
82.5
4.7
89.6
0.9

2018

January
107.1
8.6
110.5
-0.2
89.9
7.0
89.4
-0.2
February
104.7
2.4
108.0
-2.3
86.5
4.9
88.3
-1.3
March
116.1
-1.8
109.5
1.4
91.5
-1.6
87.9
-0.4
April
110.2
9.3
109.4
-0.2
89.8
8.2
89.8
2.1
May
109.1
-1.3
111.2
1.7
89.0
0.4
90.4
0.6
June
115.6
7.8
111.3
0.1
93.8
10.3
92.0
1.8
July
111.0
7.7
110.4
-0.8
94.5
12.0
94.5
2.8
August
105.2
2.2
110.3
-0.1
88.1
6.2
92.0
-2.7
First detailed provisional results by country of origin/country of destination and by chapter of the Commodity Classification for Foreign Trade Statistics as well as a comparative table based on the country of origin/country of consignment concepts are available for downloading (only in German).
For further information: Foreign trade,tel: +49 (0) 611 / 75 24 75,contact form

Press release in other language

to the top

MIL OSI

    Print       Email

You might also like...

Staatssekretär Dr. Hermann Onko Aeikens: “Wir brauchen neue Ideen für die Tierhaltung”

Read More →