German exports in September 2018: -1.2% on September 2017

By   /  November 8, 2018  /  Comments Off on German exports in September 2018: -1.2% on September 2017

    Print       Email

Source: Destatis Statistisches Bundesamt – In EnglishExports, September 2018109.1 billion euros-0.8% on the previous month (calendar and seasonally adjusted)-1.2% on the same month a year earlierImports, September 201890.7 billion euros-0.4% on the previous month (calendar and seasonally adjusted)+5.3% on the same month a year earlier
Foreign trade balance, September 2018:18.4 billion euros17.6 billion euros (calendar and seasonally adjusted)
Current account of the Deutsche Bundesbank, September 201821.1 billion euros
Enlarge picture WIESBADEN – Germany exported goods to the value of 109.1 billion euros and imported goods to the value of 90.7 billion euros in September 2018. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports declined by 1.2%, while imports increased by 5.3% in September 2018 year on year. After calendar and seasonal adjustment, exports were down 0.8% and imports declined 0.4% compared with August 2018.
The foreign trade balance showed a surplus of 18.4 billion euros in September 2018. In September 2017, the surplus amounted to 24.2 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 17.6 billion euros in September 2018.
According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 21.1 billion euros in September 2018, which takes into account the balances of trade in goods including supplementary trade items (+19.7 billion euros), services (-1.8 billion euros), primary income (+6.8 billion euros) and secondary income (-3.6 billion euros). In September 2017, the German current account showed a surplus of 26.9 billion euros.
In September 2018, Germany exported goods to the value of 64.7 billion euros to the Member States of the European Union (EU), while it imported goods to the value of 52.1 billion euros from those countries. Compared with September 2017, exports to the EU countries decreased by 0.4%, while imports from those countries increased by 5.8%. Goods to the value of 41.0 billion euros (+0.6%) were dispatched to the Euro area countries in September 2018, while the value of the goods received from those countries was 34.1 billion euros (+9.3%). In September 2018, goods to the value of 23.7 billion euros (-2.0%) were exported to EU countries not belonging to the Euro area, while the value of the goods imported from those countries was 18.0 billion euros (-0.3%).
Exports of goods to countries outside the European Union (third countries) amounted to 44.4 billion euros in September 2018, while imports from those countries totalled 38.6 billion euros. Compared with September 2017, exports to third countries declined by 2.2% and imports from those countries increased by 4.7%.
Methodological note:
The results for reference year 2017 now are final and available in the GENESIS-Online database (Tables 51000).
Flows of commodities and servicesin EUR bn
Item
September
JanuarytoSeptember
August
September
JanuarytoSeptember
2018
2017
1 According to calculations of the Deutsche Bundesbank
Foreign trade
1   Exports (f.o.b.)
109.1
988.0
105.4
110.3
954.2
2   Imports (c.i.f.)
90.7
813.6
88.3
86.1
767.6
3  Foreign trade balance (1-2)
18.4
174.4
17.1
24.2
186.6
Transition to trade in goods 1
4  Supplementary trade items
1.3
15.9
0.9
1.5
17.1
Current account balances 1
5  Trade in goods (3+4)
19.7
190.3
18.0
25.8
203.7
6  Services
-1.8
-15.8
-5.5
-2.4
-19.5
7  Primary income
6.8
44.4
6.6
6.6
42.3
8  Secondary income
-3.6
-31.9
-3.7
-3.1
-39.7
Current account (5+6+7+8)
21.1
187.0
15.3
26.9
186.8
Groups of countries
Item
September2018
JanuarytoSeptember2018
change on
September2017
JanuarytoSeptember2017
billion euro
%
Total exports
109.1
988.0
-1.2
3.5
including:
EU Member States
64.7
585.3
-0.4
4.6
Euro-zone
41.0
369.8
0.6
5.4
Non-euro-zone
23.7
215.5
-2.0
3.1
Third countries
44.4
402.7
-2.2
2.1
Total imports
90.7
813.6
5.3
6.0
including:
EU Member States
52.1
465.3
5.8
6.9
Euro-zone
34.1
303.4
9.3
7.8
Non-euro-zone
18.0
162.0
-0.3
5.3
Third countries
38.6
348.3
4.7
4.8

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
98.8
11.3
103.2
2.4
83.7
11.2
84.0
2.2
February
102.4
3.9
105.6
2.3
82.1
3.4
83.9
-0.1
March
118.1
11.0
105.2
-0.4
92.8
14.6
85.7
2.2
April
100.8
-3.0
106.1
0.8
82.8
5.1
86.2
0.5
May
110.5
14.1
107.3
1.1
88.4
15.9
86.8
0.7
June
107.2
1.0
105.2
-1.9
84.8
3.4
84.2
-3.0
July
103.1
7.6
105.5
0.3
84.1
9.3
85.8
1.8
August
103.0
7.3
107.9
2.3
82.7
7.9
86.4
0.8
September
110.3
4.5
107.6
-0.3
86.1
5.2
85.6
-1.0
October
108.0
6.9
107.3
-0.2
88.9
8.1
87.0
1.7
November
116.3
8.0
110.8
3.2
92.4
7.9
88.4
1.6
December
100.5
3.5
110.7
-0.0
82.1
4.2
89.2
0.8
2018
January
107.1
8.4
110.5
-0.2
89.9
7.4
89.4
0.3
February
104.7
2.3
108.0
-2.3
86.5
5.2
88.3
-1.3
March
116.1
-1.7
109.5
1.4
91.5
-1.4
87.9
-0.4
April
110.2
9.4
109.4
-0.2
89.8
8.5
89.8
2.1
May
109.1
-1.3
111.2
1.6
89.0
0.7
90.4
0.6
June
115.3
7.6
111.1
-0.1
93.4
10.1
91.6
1.3
July
111.0
7.7
110.4
-0.6
94.5
12.4
94.5
3.2
August
105.4
2.4
110.4
0.1
88.3
6.8
92.2
-2.4
September
109.1
-1.2
109.5
-0.8
90.7
5.3
91.9
-0.4
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...

EU-Türkei-Deal gehört in die Giftmülltonne

Read More →