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Press release 432 / 2012-12-10: German exports in October 2012: +10.6% on October 2011

WIESBADEN – Germany exported commodities to the value of Euro 98.5 billion and imported commodities to the value of Euro 82.7 billion in October 2012. The Federal Statistical Office (Destatis) also reports on the basis of provisional data that German exports hence increased by 10.6% and imports by 6.0% in October 2012 on October 2011. After calendar and seasonal adjustment, exports increased by 0.3% and imports by 2.5% compared with September 2012. 

The foreign trade balance showed a surplus of Euro 15.8 billion in October 2012. In October 2011, the surplus had amounted to Euro 11.0 billion. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of Euro 15.2 billion in October 2012. 

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of Euro 13.6 billion in October 2012, which included the balance of services (– Euro 1.9 billion), factor income net (+ Euro 5.2 billion), current transfers (– Euro 3.3 billion), and supplementary trade items (– Euro 2.2 billion). In October 2011, the German current account showed a surplus of Euro 9.9 billion. 

In October 2012, Germany dispatched commodities to the value of Euro 56.4 billion to the Member States of the European Union (EU), while it received commodities to the value of Euro 51.9 billion from those countries. Compared with October 2011, dispatches to the EU countries increased by 7.8%, and arrivals from those countries by 5.4%. Commodities to the value of Euro 37.0 billion (+7.0%) were dispatched to the Euro area countries in October 2012, while the value of the commodities received from those countries was Euro 35.5 billion (+4.8%). In October 2012, commodities to the value of Euro 19.3 billion (+9.2%) were dispatched to EU countries not belonging to the Euro area, while the value of the commodities which arrived from those countries was Euro 16.4 billion (+6.7%). 

Exports of commodities to countries outside the European Union (third countries) amounted to Euro 42.1 billion in October 2012, while imports from those countries totalled Euro 30.8 billion. Compared with October 2011, exports to third countries increased by 14.6%, imports from those countries by 6.9%.

Flows of commodities and services in Euro billion
ItemOctoberJanuary to
October
SeptemberOctoberJanuary to
October
20122011
Discrepancies in the totals may occur due to rounding.
1   Exports (f.o.b.)98.5924.491.789.1882.3
2   Imports (c.i.f.)82.7765.174.878.1752.2
Balance of 
3   Foreign trade (1-2)15.8159.216.911.0130.1
4   Services–1.9–9.50.3–1.4–9.5
5   Factor income (net)5.242.15.75.835.5
6   Current transfers–3.3–34.5–3.2–3.5–31.3
7   Supplementary trade items–2.2 –23.5 –2.3 –1.9 –14.6
8   Current account (3+4+5+6+7) 13.6 133.9 17.3 9.9110.2

  

Groups of countries
Item

October

2012

January to
October
2012
Percentage change from
October
2011
January to
October
2011
Euro billionin %
Total exports98.5924.410.64.8
Including: 
EU Member States56.4528.67.80.6
Euro area37.0347.87.0–1.2
Non-euro area19.3180.79.24.4
Third countries42.1395.814.610.9
Total imports82.7765.16.01.7
Including: 
EU Member States51.9484.45.41.7
Euro area35.5339.44.81.4
Non-euro area16.4145.06.72.5
Third countries30.8280.76.91.7

 

Foreign trade (special trade)
Exports and imports
Original values/calendar and seasonally adjusted values 1 
YearMonthExportsImports
original valuecalendar and seasonally adjusted value 1original valuecalendar and seasonally adjusted value 1
value
in
Euro billion
change on the
same month of
the previous year
in %
value
in
Euro billion
change on previous month
in %
value
in
Euro billion
change on the
same month of
the previous year
in %
value
in
Euro billion
change on previous month
in %
1 Using Census X-12-ARIMA.
2011January79.325.284.10.869.426.072.44.6
February84.520.885.31.472.427.673.61.6
March98.715.390.15.679.815.175.32.3
April84.512.486.8–3.673.718.574.9–0.4
May92.421.288.52.077.517.476.01.4
June88.13.388.5–0.175.25.675.8–0.2
July85.65.287.1–1.575.09.776.20.5
August85.314.690.03.273.513.276.40.2
September95.010.591.31.577.711.776.2–0.3
October89.13.688.1–3.478.19.275.6–0.8
November94.17.489.71.778.05.874.8–1.0
December84.84.787.1–2.872.35.673.4–1.9
2012January86.08.489.32.572.84.974.81.8
February91.27.990.61.576.35.476.82.7
March98.80.191.40.881.42.077.30.7
April87.23.189.9–1.772.7–1.374.1–4.1
May92.70.493.33.877.2–0.577.95.2
June94.77.592.9–0.476.82.176.2–2.2
July93.59.292.7–0.276.62.176.50.4
August90.25.794.92.373.90.576.80.4
September91.7–3.492.6–2.474.8–3.675.7–1.4
October98.510.692.80.382.76.077.62.5

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