Press Exports in October 2019: +1.9% on October 2018

Press release No. 464 of 9 December 2019

Exports, October 2019
119.5 billion euros
+1.2% on the previous month (calendar and seasonally adjusted)
+1.9% on the same month a year earlier

Imports, October 2019
98.0 billion euros
0.0% on the previous month (calendar and seasonally adjusted)
-0.6% on the same month a year earlier

Foreign trade balance, October 2019
21.5 billion euros
20.6 billion euros (calendar and seasonally adjusted)

Current account according to calculations of the Deutsche Bundesbank, October 2019
22.7 billion euros


WIESBADEN – Germany exported goods to the value of 119.5 billion euros and imported goods to the value of 98.0 billion euros in October 2019. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 1.9% and imports decreased by 0.6% in October 2019 year on year. After calendar and seasonal adjustment, exports were up 1.2% compared with September 2019, while imports remained nearly unchanged.

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The foreign trade balance showed a surplus of 21.5 billion euros in October 2019. In October 2018, the surplus amounted to 18.7 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 20.6 billion euros in October 2019.

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 22.7 billion euros in October 2019, which takes into account the balances of trade in goods including supplementary trade items (+22.5 billion euros), services (-4.3 billion euros), primary income (+9.0 billion euros) and secondary income (-4.5 billion euros). In October 2018, the German current account showed a surplus of 20.3 billion euros.

In October 2019, Germany exported goods to the value of 70.0 billion euros to the Member States of the European Union (EU), while it imported goods to the value of 55.2 billion euros from those countries. Compared with October 2018, exports to the EU countries increased by 0.1%, while imports from those countries were down 0.2%. Goods to the value of 43.8 billion euros (-0.9%) were exported to the Euro area countries in October 2019, while the value of the goods imported from those countries was 35.5 billion euros (+0.1%). In October 2019, goods to the value of 26.2 billion euros (+1.7%) were exported to EU countries not belonging to the Euro area, while the value of the goods imported from those countries was 19.6 billion euros (-0.7%).

Exports of goods to countries outside the European Union (third countries) amounted to 49.5 billion euros in October 2019, while imports from those countries totalled 42.8 billion euros. Compared with October 2018, exports to third countries increased by 4.6%, while imports from those countries were down 1.0%.

Flows of commodities and services
in EUR bn
ItemOctoberJanuary
to
October
SeptemberOctoberJanuary
to
October
20192018
1 According to calculations of the Deutsche Bundesbank.
Foreign trade
1   Exports (f.o.b.)119.51,116,4114.2117.31,105,4
2   Imports (c.i.f.)98.0926.393.098.5910.9
3  Foreign trade balance (1-2)21.5190.121.218.7194.5
Transition to trade in goods 1
4  Supplementary trade items1.013.01.21.2-4.4
 Current account balances 1
5  Trade in goods (3+4)22.5203.122.419.9190.1
6  Services-4.3-24.0-3.2-4.3-22.5
7  Primary income9.073.29.39.068.1
8  Secondary income-4.5-39.7-3.6-4.3-35.6
Current account (5+6+7+8)22.7212.624.920.3200.1
Groups of countries
ItemOctober
2019
January
to
October 2019
Percentage change from
October
2018
January
to
October 2018
billion euro%
Total exports119.51 116.41.91.0
including:
EU Member States70.0656.10.10.1
Euro-zone43.8415.0-0.90.3
Non-euro-zone26.2241.01.7-0.2
Third countries49.5460.34.62.3
Total imports98.0926.3-0.61.7
including:
EU Member States55.2531.0-0.21.8
Euro-zone35.5345.50.11.8
Non-euro-zone19.6185.6-0.71.9
Third countries42.8395.3-1.01.5

  

Foreign trade (special trade)
Exports and imports
Original values/calendar and seasonally adjusted values 1 
YearMonthExportsImports
original valuecalendar and seasonally
adjusted value 1
original valuecalendar and seasonally
adjusted value 1
value in
billion euros
change on the same
month of the
previous year
in %
value in
billion euros
change on
previous month
in %
value in
billion euros
change on the same
month of the
previous year
in %
value in
billion euros
change on
previous month
in %
1 Using J-DEMETRA+ (X-13 ARIMA).
2018January107.18.4110.2 -0.389.57.089.0-0.2
February104.72.3107.9-2.186.14.888.2-1.0
March116.1-1.7109.21.191.1-1.987.4-0.9
April110.39.5109.70.589.98.689.9 2.8
May109.1-1.3111.01.289.00.790.40.6
June115.37.6110.9-0.193.410.191.20.9
July111.07.6110.3-0.694.612.594.03.0
August105.42.4110.70.487.76.192.1-2.0
September109.1-1.1109.9-0.791.05.792.20.1
October117.38.6110.80.898.510.992.90.8
November116.30.0110.7-0.096.14.092.0-0.9
December95.8-4.7111.91.181.8-0.492.40.4
2019January108.81.6112.00.194.35.393.61.2
February108.94.0110.9-0.991.15.892.6-1.1
March118.21.8112.4 1.395.95.392.80.3
April110.0-0.3109.4-2.692.22.592.1-0.7
May114.24.7110.40.993.65.191.8-0.3
June106.1-8.0110.60.289.5-4.192.40.6
July115.03.6110.8 0.193.7-1.091.2-1.3
August101.6-3.6110.0-0.785.1-3.091.30.1
September114.24.6111.61.593.02.292.41.2
October119.51.9113.01.298.0-0.692.40.0

First detailed provisional results (only in german) by country of origin/country of destination and by chapter of the Commodity Classification for Foreign Trade Statistics as well as a comparative table (only in german) based on the country of origin/country of consignment concepts are available for downloading.

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