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Press release 161 / 2014-05-09: German exports in March 2014: +1.9% on March 2013

WIESBADEN – Germany exported goods to the value of 96.0 billion euros and imported goods to the value of 79.6 billion euros in March 2014. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 1.9% and imports by 5.6% in March 2014 on March 2013. After calendar and seasonal adjustment, exports declined by 1.8% and imports by 0.9% compared with February 2014. 

The foreign trade balance showed a surplus of 16.4 billion euros in March 2014. In March 2013, the surplus amounted to 18.9 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 14.8 billion euros in March 2014. 

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 19.5 billion euros in March 2014, which included the balance of services (+1.2 billion euros), factor income net (+7.7 billion euros), current transfers (-3.5 billion euros), and supplementary trade items (-2.3 billion euros). In March 2013, the German current account showed a surplus of 21.1 billion euros. 

In March 2014, Germany dispatched goods to the value of 55.5 billion euros to the Member States of the European Union (EU), while it received goods to the value of 52.5 billion euros from those countries. Compared with March 2013, dispatches to the EU countries increased by 3.6%, and arrivals from those countries by 4.9%. Goods to the value of 35.2 billion euros (+0.1%) were dispatched to the Euro area countries in March 2014, while the value of the goods received from those countries was 36.1 billion euros (+2.3%). In March 2014, goods to the value of 20.4 billion euros (+10.4%) were dispatched to EU countries not belonging to the Euro area, while the value of the goods which arrived from those countries was 16.5 billion euros (+10.8%). 

Exports of goods to countries outside the European Union (third countries) amounted to 40.5 billion euros in March 2014, while imports from those countries totalled 27.1 billion euros. Compared with March 2013, exports to third countries decreased by 0.4% and imports from those countries increased by 7.1%. 

Flows of commodities and services in billion euros 
ItemMarchJanuary to
March
FebruaryMarchJanuary to
March
20142013
Discrepancies in the totals may occur due to rounding.
1   Exports (f.o.b.)96.0279.192.494.2270.7
2   Imports (c.i.f.)79.6231.476.275.4221.4
Balance of
3   Foreign trade (1-2)16.447.716.218.949.3
4   Services1.24.61.71.20.0
5   Factor income (net)7.719.66.27.621.8
6   Current transfers–3.5–15.7–7.4–3.2–16.0
7   Supplementary trade items–2.3–7.7–2.9–3.3–7.7
8   Current account (3+4+5+6+7)19.548.513.821.147.4

  

Groups of countries 
ItemMarch 2014January to
March
2014
Percentage change from
March 2013January to
March
2013
billion eurosin %
Discrepancies in the totals may occur due to rounding.
Total exports96.0279.11.93.1
including: 
EU Member States55.5164.73.65.1
Euro area35.2105.10.12.3
Non-euro area20.459.710.410.6
Third countries40.5114.4–0.40.3
Total imports79.6231.45.64.5
including: 
EU Member States52.5151.04.95.8
Euro area36.1104.22.34.9
Non-euro area16.546.810.87.8
Third countries27.180.47.12.2

 

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
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.
2013January88.22.491.00.874.62.775.42.0
February88.3–3.290.1–1.071.5–5.773.3–2.8
March94.2–4.691.41.475.4–7.573.60.4
April94.07.792.10.876.04.374.81.7
May88.2–4.890.2–2.174.6–3.175.50.9
June92.4–2.091.11.075.4–1.275.0–0.6
July93.1–0.390.3–0.876.80.975.20.2
August85.0–5.791.21.071.7–2.375.40.2
September94.63.592.51.474.3–0.374.2–1.5
October99.10.792.70.381.3–1.576.02.3
November94.71.193.30.676.5–0.475.5–0.6
December82.14.592.4–1.068.22.474.7–1.0
2014January90.72.994.52.375.71.577.23.2
February92.44.693.2–1.376.26.577.40.4
March96.01.991.6–1.879.65.676.7–0.9

For further information: 
Dirk Mohr,
tel: +49 611 75 2475,
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