Germany Trade Balance


Germany: Exports bounce back in August

October 10, 2011

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

Author:, Senior Economist

Sample Report

Looking for forecasts related to Trade Balance in Germany? Download a sample report now.


Germany Economic News

More news

Search form