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Press release 047 / 2019-02-08: German exports in 2018: +3.0% compared with 2017

Exports, December 2018
96.1 billion euros
+1.5% on the previous month (calendar and seasonally adjusted)
-4.5% on the same month a year earlier

Imports, December 2018
82.1 billion euros
+1.2% on the previous month (calendar and seasonally adjusted)
+0.0% on the same month a year earlier

Foreign trade balance, December 2018
13.9 billion euros
19.4 billion euros (calendar and seasonally adjusted)

Current account according to calculations of the Deutsche Bundesbank, December 2018
21.0 billion euros

Foreign TradeEnlarge picture WIESBADEN – In 2018, Germany exported goods to the value of 1,317.9 billion euros and imported goods to the value of 1,090.0 billion euros. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 3.0% and imports by 5.7% in 2018 year on year. Exports and imports in 2018 exceeded the record highs recorded in 2017 when goods had been exported to the value of 1,279.0 billion euros and imported to the value of 1,031.0 billion euros.

The foreign trade balance showed a surplus of 227.8 billion euros in 2018. In 2017, the surplus of the foreign trade balance was 247.9 billion euros.

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 249.1 billion euros in 2018, which takes into account the balances of trade in goods including supplementary trade items (+242.0 billion euros), services (-16.7 billion euros), primary income (+71.1 billion euros) and secondary income (-47.3 billion euros). In 2017, the German current account showed a surplus of 261.2 billion euros.

In 2018, Germany exported goods to the value of 778.7 billion euros to the Member States of the European Union (EU), while it imported goods to the value of 623.0 billion euros from those countries. Compared with 2017, exports to the EU countries increased by 3.8%, and imports from those countries by 6.3%. Goods to the value of 492.0 billion euros (+4.5%) were dispatched to the Euro area countries in 2018, while the value of the goods received from those countries was 405.0 billion euros (+6.9%). In 2018, goods to the value of 286.7 billion euros (+2.8%) were exported to EU countries not belonging to the Euro area, while the value of the goods imported from those countries was 218.1 billion euros (+5.2%).

Exports of goods to countries outside the European Union (third countries) amounted to 539.2 billion euros in 2018, while imports from those countries totalled 467.0 billion euros. Compared with 2017, exports to third countries increased by 1.9% and imports from those countries by 5.0%.

In December 2018, Germany exported goods to the value of 96.1 billion euros (-4.5% compared with December 2017) and imported goods to the value of 82.1 billion euros (nearly unchanged on the same month a year earlier).
After calendar and seasonal adjustment, exports were up 1.5% and imports 1.2% compared with November 2018.

Flows of commodities and services
in EUR bn
ItemDecem-
ber
January to
December
Novem-
ber
Decem-
ber
January
to
December
20182017
1 According to calculations of the Deutsche Bundesbank
Foreign trade 
1   Exports (f.o.b.)96.11,317.9116.4100.51,279.0
2   Imports (c.i.f.)82.11,090.096.082.11,031.0
3  Foreign trade balance (1-2)13.9227.820.418.4247.9
Transition to trade in goods1
4  Supplementary trade items-1.814.1-0.90.320.9
Current account balances1
5  Trade in goods (3+4)12.1242.019.518.8268.9
6  Services1.7-16.70.73.0-20.9
7  Primary income12.571.17.111.767.4
8  Secondary income-5.4-47.3-5.6-5.0-54.1
    Current account (5+6+7+8)21.0249.121.628.4261.2
Groups of countries
ItemDecember
2018
January
to
December
2018
change on
December
2017
January
to
December
2017
billion euro%
Total exports96.11,317.9-4.53.0
including:
EU Member States55.2778.7-4.63.8
Euro-zone35.3492.0-4.14.5
Non-euro-zone19.9286.7-5.52.8
Third countries40.9539.2-4.31.9
Total imports82.11,090.00.05.7
including:
EU Member States47.3623.01.26.3
Euro-zone31.4405.03.06.9
Non-euro-zone15.9218.1-2.15.2
Third countries34.8467.0-1.65.0

 

Foreign trade (special trade)
Exports and imports
Original values/calendar and seasonally adjusted values 1 
YearMonthExportsImports
original valuecalendar and seasonally
adjusted value 1
original 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
2017January98.811.3103.12.383.711.284.22.3
February102.43.9105.52.382.13.484.0-0.1
March118.111.0105.1-0.492.814.685.71.9
April100.8-3.0106.00.982.85.186.20.7
May110.514.1107.21.188.415.986.80.7
June107.21.0105.1-1.984.83.484.1-3.2
July103.17.6105.50.484.19.385.21.3
August103.07.3107.92.282.77.986.41.5
September110.34.5107.90.086.15.285.7-0.9
October108.06.9107.4-0.488.98.187.01.6
November116.38.0110.83.192.47.988.51.7
December100.53.5110.80.082.14.289.30.9

2018

January107.18.4110.5-0.389.97.489.60.3
February104.72.3108.0-2.386.55.288.5-1.2
March116.1-1.7109.51.491.5-1.488.0-0.6
April110.29.4109.3-0.289.88.589.82.1
May109.1-1.3111.01.689.00.790.40.7
June115.37.6110.9-0.193.410.191.41.1
July111.07.6110.3-0.694.612.593.82.6
August105.42.4110.40.187.76.191.7-2.2
September109.2-1.1110.0-0.491.05.792.40.7
October117.48.7111.00.998.410.893.10.8
November116.40.1110.7-0.396.03.991.8-1.3
Dezember96.1-4.5112.31.582.10.092.91.2

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 (only in German).

For further information: 
Foreign trade,
tel: +49 (0) 611 / 75 24 75,
contact form

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© Statistisches Bundesamt (Destatis), 2019

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