News

11/17/2015

Exports Rise in September 2015

Germany registered an increase in exports in September 2015. According to provisional data from the Federal Statistical Office, Destatis, Germany exported a total of 105.9 billion euros and imported 83.0 billion euros in goods in September 2015. This is an increase of 4.4 and 3.9 percent respectively above September 2014. After seasonal adjustment, both exports and imports rose by 2.6 and 3.6 percent above August 2015.

As a consequence, the foreign trade balance registered a surplus of 22.9 billion Euros in September 2015. After calendar and seasonal adjustment, the trade balance surplus settled at 19.4 billion Euros.

German exports to the Member States of the European Union amounted to 62.2 billion Euros in September 2015. At the same time, the country imported 55.3 billion Euros from these countries. In comparison with September 2014, deliveries to other EU countries increased by 7.4 percent, while purchases from these countries rose by 6.6 percent. To the Euro area countries, Germany exported 38.7 billion Euros (+6.3%) and imported also 37.8 billion Euros (+6.3%).

In September 2015, exports of goods and services to countries outside the EU amounted to 43.7 billion Euros, while imports from those countries reached 27.6 billion Euros. This was a 0.4 percent increase in exports and a 1.1 percent decrease in imports.