In August, exports expanded a seasonally and calendar adjusted 3.5% over the previous month, which contrasted the 1.2% drop observed in July (previously reported: -1.8% month-on-month) and defied market expectations of a 1.1% rise. Meanwhile, imports remained flat following July's 0.5% increase. Compared to the same month last year, exports accelerated from a 4.3% increase in July to a 14.6% expansion in August, which marked the fastest pace since May. Moreover, imports grew 12.6% in August, well above the 9.7% increase tallied in July. As exports outpaced imports, the trade surplus widened from EUR 10.6 billion in July to EUR 11.8 billion in August. The Federation of German Wholesale, Foreign Trade and Services (BGA, Bundesverband Gro
Germany Trade Balance
Exports bounce back in August
October 10, 2011
Looking for forecasts related to Trade Balance in Germany? Download a sample report now.
Germany Economic News
October 10, 2016
The seasonally- and calendar-adjusted trade surplus increased from EUR 19.4 billion in July to EUR 22.2 billion in August, driven up by recovering exports.
October 7, 2016
In August, industrial production rose 2.5% from the previous month in seasonally-adjusted terms, in contrast to July’s large 1.6% drop, which had been the lowest reading in nearly two years.
September 29, 2016
Consumer prices in September rose 0.1% in a month-on-month comparison, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September.
September 28, 2016
Heading into October, the mood among German consumers weakened slightly but still stayed at a high level.
September 26, 2016
German businesses turned much more optimistic in September.