Press release No. 009 of 9 January 2020
Exports, November 2019
112.9 billion euros
-2.3% on the previous month (calendar and seasonally adjusted)
-2.9% on the same month a year earlier
Imports, November 2019
94.6 billion euros
-0.5% on the previous month (calendar and seasonally adjusted)
-1.6% on the same month a year earlier
Foreign trade balance, November 2019:
18.3 billion euros
18.3 billion euros (calendar and seasonally adjusted)
Current account according to calculations of the Deutsche Bundesbank, November 2019
24.9 billion euros
WIESBADEN – Germany exported goods to the value of 112.9 billion euros and imported goods to the value of 94.6 billion euros in November 2019. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports decreased by 2.9% and imports by 1.6% in November 2019 on the same month a year earlier. Compared with October 2019, exports were down 2.3% and imports 0.5% after calendar and seasonal adjustment.
The foreign trade balance showed a surplus of 18.3 billion euros in November 2019. In November 2018, the surplus of the foreign trade balance amounted to 20.2 billion euros. The calendar and seasonally adjusted surplus of November 2019 was 18.3 billion euros as well.
According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 24.9 billion euros in November 2019, which takes into account the balances of trade in goods including supplementary trade items (+18.9 billion euros), services (+0.1 billion euros), primary income (+9.6 billion euros) and secondary income (-3.6 billion euros). In November 2018, the German current account showed a surplus of 23.6 billion euros.
In November 2019, Germany exported goods to the value of 66.5 billion euros to the Member States of the European Union (EU), while it imported goods to the value of 53.9 billion euros from those countries. Compared with November 2018, exports to the EU countries decreased by 2.4%, and imports from those countries by 1.4%. Goods to the value of 41.8 billion euros (-2.3%) were exported to the Euro area countries in November 2019, while the value of the goods imported from those countries was 34.2 billion euros (-2.3%). In November 2019, goods to the value of 24.7 billion euros (-2.7%) were exported to EU countries not belonging to the Euro area, while the value of the goods imported from those countries was 19.7 billion euros (+0.2%).
Exports of goods to countries outside the European Union (third countries) amounted to 46.4 billion euros in November 2019, while imports from those countries totalled 40.7 billion euros. Compared with November 2018, exports to third countries decreased by 3.5% and imports from those countries by 1.8%.
| Item | November | January to November | October | November | January to November |
|---|---|---|---|---|---|
| 2019 | 2018 | ||||
| 1 According to calculations of the Deutsche Bundesbank. | |||||
| Foreign trade | |||||
| 1 Exports (f.o.b.) | 112.9 | 1,229.6 | 119.7 | 116.3 | 1,221.6 |
| 2 Imports (c.i.f.) | 94.6 | 1,021.4 | 98.4 | 96.1 | 1,007.0 |
| 3 Foreign trade balance (1-2) | 18.3 | 208.2 | 21.3 | 20.2 | 214.7 |
| Transition to trade in goods 1 | |||||
| 4 Supplementary trade items | 0.5 | 14.2 | 1.7 | -0.7 | -5.1 |
| Current account balances 1 | |||||
| 5 Trade in goods (3+4) | 18.9 | 222.4 | 23.0 | 19.4 | 209.6 |
| 6 Services | 0.1 | -24.2 | -4.6 | 0.5 | -22.0 |
| 7 Primary income | 9.6 | 82.8 | 9.0 | 9.2 | 77.3 |
| 8 Secondary income | -3.6 | -43.3 | -4.5 | -5.5 | -41.2 |
| Current account (5+6+7+8) | 24.9 | 237.7 | 22.9 | 23.6 | 223.7 |
| Item | November 2019 | January to November 2019 | Percentage change from | |
|---|---|---|---|---|
| November 2018 | January to November 2018 | |||
| billion euro | % | |||
| Total exports | 112.9 | 1,229.6 | -2.9 | 0.7 |
| including: | ||||
| EU Member States | 66.5 | 722.8 | -2.4 | -0.1 |
| Euro-zone | 41.8 | 457.1 | -2.3 | 0.1 |
| Non-euro-zone | 24.7 | 265.7 | -2.7 | -0.4 |
| Third countries | 46.4 | 506.8 | -3.5 | 1.7 |
| Total imports | 94.6 | 1,021.4 | -1.6 | 1.4 |
| including: | ||||
| EU Member States | 53.9 | 585.1 | -1.4 | 1.6 |
| Euro-zone | 34.2 | 379.5 | -2.3 | 1.4 |
| Non-euro-zone | 19.7 | 205.7 | 0.2 | 2.0 |
| Third countries | 40.7 | 436.2 | -1.8 | 1.2 |
| Year | Month | Exports | Imports | ||||||
|---|---|---|---|---|---|---|---|---|---|
| original value | calendar and seasonally adjusted value 1 | original value | calendar 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 J-DEMETRA+ (X-13 ARIMA). | |||||||||
| 2018 | January | 107.1 | 8.4 | 110.2 | -0.3 | 89.5 | 7.0 | 89.0 | -0.2 |
| February | 104.7 | 2.3 | 107.9 | -2.1 | 86.1 | 4.8 | 88.2 | -1.0 | |
| March | 116.1 | -1.7 | 109.2 | 1.1 | 91.1 | -1.9 | 87.4 | -0.9 | |
| April | 110.3 | 9.5 | 109.7 | 0.5 | 89.9 | 8.6 | 89.9 | 2.8 | |
| May | 109.1 | -1.3 | 111.0 | 1.2 | 89.0 | 0.7 | 90.4 | 0.6 | |
| June | 115.3 | 7.6 | 110.9 | -0.1 | 93.4 | 10.1 | 91.2 | 0.9 | |
| July | 111.0 | 7.6 | 110.3 | -0.6 | 94.6 | 12.5 | 94.0 | 3.0 | |
| August | 105.4 | 2.4 | 110.7 | 0.4 | 87.7 | 6.1 | 92.1 | -2.0 | |
| September | 109.1 | -1.1 | 109.9 | -0.7 | 91.0 | 5.7 | 92.2 | 0.1 | |
| October | 117.3 | 8.6 | 110.8 | 0.8 | 98.5 | 10.9 | 92.9 | 0.8 | |
| November | 116.3 | 0.0 | 110.7 | -0.0 | 96.1 | 4.0 | 92.0 | -0.9 | |
| December | 95.8 | -4.7 | 111.9 | 1.1 | 81.8 | -0.4 | 92.4 | 0.4 | |
| 2019 | January | 108.8 | 1.6 | 112.0 | 0.1 | 94.3 | 5.3 | 93.6 | 1.2 |
| February | 108.9 | 4.0 | 110.9 | -0.9 | 91.1 | 5.8 | 92.6 | -1.1 | |
| March | 118.2 | 1.8 | 112.4 | 1.3 | 95.9 | 5.3 | 92.8 | 0.3 | |
| April | 110.0 | -0.3 | 109.4 | -2.6 | 92.2 | 2.5 | 92.1 | -0.7 | |
| May | 114.2 | 4.7 | 110.4 | 0.9 | 93.6 | 5.1 | 91.8 | -0.3 | |
| June | 106.1 | -8.0 | 110.6 | 0.2 | 89.5 | -4.1 | 92.4 | 0.6 | |
| July | 115.0 | 3.6 | 110.8 | 0.1 | 93.7 | -1.0 | 91.2 | -1.3 | |
| August | 101.6 | -3.6 | 110.0 | -0.7 | 85.2 | -2.9 | 91.3 | 0.1 | |
| September | 114.2 | 4.6 | 111.6 | 1.5 | 93.0 | 2.2 | 92.4 | 1.2 | |
| October | 119.7 | 2.1 | 113.2 | 1.5 | 98.4 | -0.1 | 92.8 | 0.5 | |
| November | 112.9 | -2.9 | 110.6 | -2.3 | 94.6 | -1.6 | 92.4 | -0.5 | |
First detailed provisional results (only in german) by country of origin/country of destination and by chapter of the Commodity Classification for Foreign Trade Statistics as well as a comparative table (only in german) based on the country of origin/country of consignment concepts are available for downloading.
