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.
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%.
Item | October | January to October | September | October | January to October |
---|---|---|---|---|---|
2019 | 2018 | ||||
1 According to calculations of the Deutsche Bundesbank. | |||||
Foreign trade | |||||
1 Exports (f.o.b.) | 119.5 | 1,116,4 | 114.2 | 117.3 | 1,105,4 |
2 Imports (c.i.f.) | 98.0 | 926.3 | 93.0 | 98.5 | 910.9 |
3 Foreign trade balance (1-2) | 21.5 | 190.1 | 21.2 | 18.7 | 194.5 |
Transition to trade in goods 1 | |||||
4 Supplementary trade items | 1.0 | 13.0 | 1.2 | 1.2 | -4.4 |
Current account balances 1 | |||||
5 Trade in goods (3+4) | 22.5 | 203.1 | 22.4 | 19.9 | 190.1 |
6 Services | -4.3 | -24.0 | -3.2 | -4.3 | -22.5 |
7 Primary income | 9.0 | 73.2 | 9.3 | 9.0 | 68.1 |
8 Secondary income | -4.5 | -39.7 | -3.6 | -4.3 | -35.6 |
Current account (5+6+7+8) | 22.7 | 212.6 | 24.9 | 20.3 | 200.1 |
Item | October 2019 | January to October 2019 | Percentage change from | |
---|---|---|---|---|
October 2018 | January to October 2018 | |||
billion euro | % | |||
Total exports | 119.5 | 1 116.4 | 1.9 | 1.0 |
including: | ||||
EU Member States | 70.0 | 656.1 | 0.1 | 0.1 |
Euro-zone | 43.8 | 415.0 | -0.9 | 0.3 |
Non-euro-zone | 26.2 | 241.0 | 1.7 | -0.2 |
Third countries | 49.5 | 460.3 | 4.6 | 2.3 |
Total imports | 98.0 | 926.3 | -0.6 | 1.7 |
including: | ||||
EU Member States | 55.2 | 531.0 | -0.2 | 1.8 |
Euro-zone | 35.5 | 345.5 | 0.1 | 1.8 |
Non-euro-zone | 19.6 | 185.6 | -0.7 | 1.9 |
Third countries | 42.8 | 395.3 | -1.0 | 1.5 |
Year | Month | Exports | Imports | ||||||
---|---|---|---|---|---|---|---|---|---|
original value | calendar and seasonally adjusted value 1 | original value | calendar 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). | |||||||||
2018 | January | 107.1 | 8.4 | 110.2 | -0.3 | 89.5 | 7.0 | 89.0 | -0.2 |
February | 104.7 | 2.3 | 107.9 | -2.1 | 86.1 | 4.8 | 88.2 | -1.0 | |
March | 116.1 | -1.7 | 109.2 | 1.1 | 91.1 | -1.9 | 87.4 | -0.9 | |
April | 110.3 | 9.5 | 109.7 | 0.5 | 89.9 | 8.6 | 89.9 | 2.8 | |
May | 109.1 | -1.3 | 111.0 | 1.2 | 89.0 | 0.7 | 90.4 | 0.6 | |
June | 115.3 | 7.6 | 110.9 | -0.1 | 93.4 | 10.1 | 91.2 | 0.9 | |
July | 111.0 | 7.6 | 110.3 | -0.6 | 94.6 | 12.5 | 94.0 | 3.0 | |
August | 105.4 | 2.4 | 110.7 | 0.4 | 87.7 | 6.1 | 92.1 | -2.0 | |
September | 109.1 | -1.1 | 109.9 | -0.7 | 91.0 | 5.7 | 92.2 | 0.1 | |
October | 117.3 | 8.6 | 110.8 | 0.8 | 98.5 | 10.9 | 92.9 | 0.8 | |
November | 116.3 | 0.0 | 110.7 | -0.0 | 96.1 | 4.0 | 92.0 | -0.9 | |
December | 95.8 | -4.7 | 111.9 | 1.1 | 81.8 | -0.4 | 92.4 | 0.4 | |
2019 | January | 108.8 | 1.6 | 112.0 | 0.1 | 94.3 | 5.3 | 93.6 | 1.2 |
February | 108.9 | 4.0 | 110.9 | -0.9 | 91.1 | 5.8 | 92.6 | -1.1 | |
March | 118.2 | 1.8 | 112.4 | 1.3 | 95.9 | 5.3 | 92.8 | 0.3 | |
April | 110.0 | -0.3 | 109.4 | -2.6 | 92.2 | 2.5 | 92.1 | -0.7 | |
May | 114.2 | 4.7 | 110.4 | 0.9 | 93.6 | 5.1 | 91.8 | -0.3 | |
June | 106.1 | -8.0 | 110.6 | 0.2 | 89.5 | -4.1 | 92.4 | 0.6 | |
July | 115.0 | 3.6 | 110.8 | 0.1 | 93.7 | -1.0 | 91.2 | -1.3 | |
August | 101.6 | -3.6 | 110.0 | -0.7 | 85.1 | -3.0 | 91.3 | 0.1 | |
September | 114.2 | 4.6 | 111.6 | 1.5 | 93.0 | 2.2 | 92.4 | 1.2 | |
October | 119.5 | 1.9 | 113.0 | 1.2 | 98.0 | -0.6 | 92.4 | 0.0 |
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.