Press release No.444 / 2007-11-08

German exports in September 2007: +3.3% on September 2006

WIESBADEN – According to provisional data of the Federal Statistical Office, Germany exported commodities to the value of EUR 81.8 billion and imported commodities to the value of EUR 63.7 billion in September 2007. German exports of September 2007 were thus 3.3% above and imports 0.4% below the respective September 2006 levels. Upon calendar and seasonal adjustment, exports and imports showed opposite month-on-month trends: Exports increased by 0.7%, while imports decreased by 2.6% on August 2007.

The foreign trade balance showed a surplus of EUR 18.1 billion in September 2007. In September 2006, the surplus amounted to EUR 15.2 billion. Upon calendar and seasonal adjustment, the foreign trade balance recorded a surplus of EUR 17.9 billion in September 2007.

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of EUR 15.4 billion in September 2007, which included the balance of services (EUR –2.6 billion), factor income (net) (EUR +3.3 billion), current transfers (EUR –2.8 billion) and supplementary trade items (EUR –0.5 billion). In September 2006, the German current account showed a surplus of EUR 9.6 billion.

In September 2007, Germany dispatched commodities to the value of EUR 52.6 billion to the Member States of the European Union, while it received commodities to the value of EUR 41.9 billion from those countries. Compared with September 2006, dispatches to and arrivals from the EU countries increased by 8.2% and 4.4%, respectively. Commodities to the value of EUR 34.4 billion (+7.8%) were dispatched to the euro area countries in September 2007, while the value of commodities received from those countries was EUR 28.8 billion (+3.2%). Commodities to the value of EUR 18.2 billion (+9.0%) were dispatched to EU countries not belonging to the euro area in September 2007, while the value of the commodities which arrived from those countries was EUR 13.1 billion (+7.3%).

Germany exported commodities to the value of EUR 29.2 billion to and imported commodities to the value of EUR 21.8 billion from countries outside the European Union (third countries) in September 2007. Compared with September 2006, exports to third countries were down by 4.6% and imports from those countries by 8.4%.

The foreign trade results for reference year 2006 have been revised and are now final.

Flows of commodities and services in EUR bn
Item	September	January to September	August	September	January to September
Item	2007			2006
Discrepancies in the totals are due to rounding.
1 Exports (f.o.b.)	81.8	719.2	77.7	79.2	650.9
2 Imports (c.i.f.)	63.7	571.4	63.6	63.9	537.7
Balance of
3 Foreign trade (1-2)	+18.1	+147.7	+14.1	+15.2	+113.2
4 Services	–2.6	–18.2	–4.5	–3.7	–21.0
5 Factor income (net)	+3.3	+14.3	+2.9	+2.5	+16.0
6 Current transfers	–2.8	–24.2	–2.8	–2.8	–23.3
7 Supplementary trade items	–0.5	–9.1	–0.9	–1.6	–13.9
8 Current account (3+4+5+6+7)	+15.4	+110.5	+8.8	+9.6	+70.9

Groups of countries
Item	September 2007	January to September 2007	Percentage change from
	September 2007	January to September 2007	September 2006	January to September 2006
	EUR bn		%
Total exports	81.8	719.2	+3.3	+10.5
Including:
EU Member States	52.6	466.8	+8.2	+12.2
Euro-zone	34.4	308.8	+7.8	+11.3
Non-euro-zone	18.2	158.0	+9.0	+14.0
Third countries	29.2	252.4	–4.6	+7.4
Total imports	63.7	571.4	–0.4	+6.3
Including:
EU Member States	41.9	374.1	+4.4	+10.7
Euro-zone	28.8	259.6	+3.2	+10.3
Non-euro-zone	13.1	114.5	+7.3	+11.7
Third countries	21.8	197.3	–8.4	–1.3

Foreign trade
Exports and imports
Original values/calendar and seasonally adjusted values ¹⁾
Year	Month	Exports				Imports
		original value		calendar and seasonally adjusted value ¹⁾		original value		calendar and seasonally adjusted value ¹⁾
		value in EUR bn	change on the same month of the previous year in %	value in EUR bn	change on previous month in %	value in EUR bn	change on the same month of the previous year in %	value in EUR bn	change on previous month in %
¹⁾ Using Census X-12-ARIMA.
2006	January	68.3	+12.7	70.0	+3.0	55.9	+18.3	58.1	+2.2
	February	70.0	+17.1	72.0	+2.9	57.1	+23.8	59.2	+1.9
	March	76.7	+17.5	70.7	–1.9	62.3	+27.3	59.4	+0.3
	April	69.6	+7.8	72.2	+2.1	58.8	+12.8	60.1	+1.2
	May	72.3	+13.7	71.2	–1.3	60.2	+16.6	59.6	–0.8
	June	73.1	+6.4	72.0	+1.1	61.1	+16.6	61.1	+2.5
	July	72.7	+12.7	73.6	+2.2	60.2	+18.1	62.0	+1.5
	August	69.1	+9.2	73.4	–0.3	58.1	+13.9	61.2	–1.4
	September	79.2	+14.1	78.9	+7.5	63.9	+17.3	64.4	+5.3
	October	83.7	+22.0	80.4	+2.0	66.7	+17.4	63.3	–1.7
	November	85.1	+18.9	80.6	+0.2	66.9	+14.3	61.8	–2.4
	December	73.4	+10.3	78.4	–2.8	62.6	+8.5	64.0	+3.6
2007	January	77.4	+13.4	78.6	+0.3	61.2	+9.5	63.1	–1.5
	February	77.6	+10.9	79.8	+1.6	63.5	+11.1	65.7	+4.1
	March	83.8	+9.3	78.9	–1.1	65.3	+4.9	63.5	–3.4
	April	78.8	+13.3	80.0	+1.3	63.8	+8.5	64.1	+1.0
	May	78.9	+9.1	79.4	–0.8	61.6	+2.3	62.1	–3.1
	June	81.8	+11.9	80.7	+1.7	65.3	+6.8	65.3	+5.2
	July	81.3	+11.9	80.6	–0.1	63.4	+5.3	64.1	–1.9
	August	77.7	+12.4	82.5	+2.4	63.6	+9.4	67.0	+4.5
	Sepember	81.8	+3.3	83.1	+0.7	63.7	–0.4	65.2	–2.6

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