Press release No. 342 of 9 September 2019

Exports, July 2019
115.2 billion euros
+0.7% on the previous month (calendar and seasonally adjusted)
+3.8% on the same month a year earlier

Imports, July 2019
93.7 billion euros
-1.5% on the previous month (calendar and seasonally adjusted)
-0.9% on the same month a year earlier

Foreign trade balance, July 2019
21.4 billion euros
20.2 billion euros (calendar and seasonally adjusted)

Current account according to calculations of the Deutsche Bundesbank, July 2019
22.1 billion euros

WIESBADEN – Germany exported goods to the value of 115.2 billion euros and imported goods to the value of 93.7 billion euros in July 2019. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 3.8% and imports decreased by 0.9% in July 2019 year on year. After calendar and seasonal adjustment, exports were up 0.7% and imports down 1.5% compared with June 2019.

The foreign trade balance showed a surplus of 21.4 billion euros in July 2019. In July 2018, the surplus amounted to 16.4 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 20.2 billion euros in July 2019.

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 22.1 billion euros in July 2019, which takes into account the balances of trade in goods including supplementary trade items (+23.4 billion euros), services (-5.4 billion euros), primary income (+8.7 billion euros) and secondary income (-4.6 billion euros). In July 2018, the German current account showed a surplus of 13.9 billion euros.

In July 2019, Germany exported goods to the value of 64.2 billion euros to the Member States of the European Union (EU), while it imported goods to the value of 52.8 billion euros from those countries. Compared with July 2018, exports to the EU countries decreased by 0.5%, and imports from those countries by 1.6%. Goods to the value of 41.3 billion euros (-0.2%) were exported to the Euro area countries in July 2019, while the value of the goods imported from those countries was 34.9 billion euros (-3.4%). In July 2019, 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 18.0 billion euros (+2.0%).

Exports of goods to countries outside the European Union (third countries) amounted to 51.0 billion euros in July 2019, while imports from those countries totalled 40.9 billion euros. Compared with July 2018, exports to third countries increased by 9.8%, while imports from those countries were down 0.1%.

Flows of commodities and services
in EUR bn

Item	July	January bis July	June	July	January bis July
	2019			2018
1 According to calculations of the Deutsche Bundesbank.
Foreign trade
1   Exports (f.o.b.)	115.2	781.3	106.1	111.0	773.5
2   Imports (c.i.f.)	93.7	650.2	89.4	94.6	634.7
3  Foreign trade balance (1-2)	21.4	131.1	16.6	16.4	138.8
Transition to trade in goods 1
4  Supplementary trade items	2.0	10.6	1.1	-1.1	-2.2
Current account balances 1
5  Trade in goods (3+4)	23.4	141.7	17.7	15.3	136.6
6  Services	-5.4	-11.4	-2.4	-4.9	-9.9
7  Primary income	8.7	45.8	8.9	8.1	41.9
8  Secondary income	-4.6	-27.4	-3.3	-4.6	-24.2
Current account (5+6+7+8)	22.1	148.8	20.9	13.9	144.4

Groups of countries

Item	July 2019	January to July 2019	Percentage change from
			July 2018	January to July 2018
	billion euro		%
Total exports	115.2	781.3	3.8	1.0
including:
EU Member States	64.2	459.8	-0.5	-0.3
Euro-zone	41.3	293.5	-0.2	0.4
Non-euro-zone	22.9	166.4	-1.1	-1.5
Third countries	51.0	321.4	9.8	2.9
Total imports	93.7	650.2	-0.9	2.4
including:
EU Member States	52.8	375.6	-1.6	3.0
Euro-zone	34.9	246.4	-3.4	3.6
Non-euro-zone	18.0	129.2	2.0	1.7
Third countries	40.9	274.6	-0.1	1.7

  

Foreign trade (special 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 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 Census X-12-ARIMA
2018	January	107.1	8.4	110.5	-0.3	89.9	7.4	89.6	0.3
	February	104.7	2.3	108.0	-2.3	86.5	5.2	88.5	-1.2
	March	116.1	-1.7	109.5	1.4	91.5	-1.4	88.0	-0.6
	April	110.2	9.4	109.3	-0.2	89.8	8.5	89.8	2.1
	May	109.1	-1.3	111.0	1.6	89.0	0.7	90.4	0.7
	June	115.3	7.6	110.9	-0.1	93.4	10.1	91.4	1.0
	July	111.0	7.6	110.3	-0.6	94.6	12.5	93.8	2.7
	August	105.4	2.4	110.4	0.1	87.7	6.1	91.7	-2.2
	September	109.2	-1.1	110.0	-0.4	91.0	5.7	92.4	0.7
	October	117.1	8.5	110.7	0.7	98.5	10.9	93.2	0.9
	November	116.3	0.0	110.6	-0.1	96.1	4.0	91.9	-1.3
	Dezember	96.0	-4.5	112.3	1.5	81.8	-0.4	92.5	0.6
2019	January	108.8	1.6	112.4	0.1	94.3	4.9	93.8	1.4
	February	108.9	4.0	111.0	-1.2	91.1	5.4	92.5	-1.4
	March	118.2	1.8	112.7	1.5	95.9	4.8	93.0	0.5
	April	110.0	-0.2	109.0	-3.2	92.2	2.6	92.1	-0.9
	May	114.1	4.6	110.5	1.3	93.5	5.1	91.8	-0.4
	June	106.1	-8.0	110.4	-0.1	89.4	-4.2	92.4	0.7
	July	115.2	3.8	111.2	0.7	93.7	-0.9	91.0	-1.5

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.