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German exports in July 2011: +4.4 % on July 2010

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Germany exported commodities to the value of Euro 85.9 billion and imported commodities to the value of Euro 75.4 billion in July 2011. As further reported by the Federal Statistical Office (Destatis) on the basis of provisional data, German exports increased by 4.4 % and imports by 9.9 % in July 2011 on July 2010. Upon calendar and seasonal adjustment, exports fell by 1.8 % and imports by 0.3 % compared with June 2011.



The foreign trade balance showed a surplus of Euro 10.4 billion in July 2011. In July 2010, the surplus amounted to Euro 13.6 billion. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of Euro 10.1 billion in July 2011.


According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of Euro 7.5 billion in July 2011, which included the balance of services (– Euro 2.2 billion), factor income net (+ Euro 4.1 billion), current transfers (– Euro 3.7 billion), and supplementary trade items (– Euro 1.2 billion). In July 2010, the German current account showed a surplus of Euro 10.4 billion.

In July 2011, Germany dispatched commodities to the value of Euro 49.7 billion to the Member States of the European Union (EU), while it received commodities to the value of Euro 46.9 billion from those countries. Compared with July 2010, dispatches to the EU countries increased by 3.9 % and arrivals from those countries by 8.6 %. Commodities to the value of Euro 33.3 billion (+1.9 %) were dispatched to the Euro area countries in July 2011, while the value of the commodities received from those countries was Euro 32.7 billion (+5.5 %). In July 2011, commodities to the value of Euro 16.5 billion (+8.2 %) were dispatched to EU countries not belonging to the Euro area, while the value of the commodities which arrived from those countries was Euro 14.2 billion (+16.2 %).

Exports of commodities to countries outside the European Union (third countries) amounted to Euro 36.1 billion in July 2011, while imports from those countries totalled Euro 28.6 billion. Compared with July 2010, exports to third countries increased by 5.1 % and imports from those countries by 12.2 %.

 

Flows of commodities and services in Euro billion 
Item July January to
July
June July January to
July
2011 2010
Discrepancies in the totals may occur due to rounding.
1   Exports (f.o.b.) 85.9 611.5 88.3 82.2 536.5
2   Imports (c.i.f.) 75.4 521.9 75.6 68.6 447.6
Balance of
3   Foreign trade (1-2) 10.4 89.6 12.7 13.6 88.9
4   Services –2.2 –4.8 –1.2 –2.7 –6.3
5   Factor income (net) 4.1 18.1 4.6 4.4 21.9
6   Current transfers –3.7 –23.4 –2.9 –3.7 –24.4
7   Supplementary trade items –1.2 –9.4 –1.7 –1.3 –6.6
8   Current account (3+4+5+6+7) 7.5 70.0 11.5 10.4 73.4


 

Groups of countries
Item July
2011
January to
July
2011
Percentage change from
July
2010
January to
July
2010
Euro billion in %
Total exports 85.9 611.5 4.4 14.0
Including: 
EU Member States 49.7 367.1 3.9 13.4
   Euro area 33.3 248.0 1.9 12.0
   Non-euro area 16.5 119.0 8.2 16.5
Third countries 36.1 244.4 5.1 14.8
Total imports 75.4 521.9 9.9 16.6
Including: 
EU Member States 46.9 331.8 8.6 17.3
   Euro area 32.7 234.1 5.5 16.2
   Non-euro area 14.2 97.7 16.2 19.9
Third countries 28.6 190.1 12.2 15.4

 

Foreign trade (special trade)
Exports and imports
Original values/calendar and seasonally adjusted values 1)
Year Month Exports Imports
original value calendar and seasonally adjusted value 1) original value calendar and seasonally adjusted value 1)
value
in
Euro billion
change on the same month of the previous year
in %
value
in
Euro billion
change on previous month
in %
value
in
Euro billion
change on the same month of the previous year
in %
value
in
Euro billion
change on previous month
in %
1) Using Census X-12-ARIMA.
2010 January 63.2 –0.5 67.9 –3.7 55.1 –1.8 58.0 4.6
February 69.4 8.8 70.7 4.2 56.7 3.0 58.1 0.1
March 84.9 21.0 77.9 10.1 67.9 15.5 64.5 11.1
April 74.3 15.4 73.9 –5.1 61.2 12.5 60.6 –6.1
May 76.8 26.6 80.1 8.3 66.9 32.9 69.4 14.6
June 85.6 28.0 81.9 2.3 71.3 34.1 70.4 1.4
July 82.2 16.5 81.3 –0.8 68.6 24.8 68.8 –2.3
August 74.5 24.0 81.1 –0.2 65.3 27.8 68.9 0.2
September 86.1 21.4 83.6 3.0 69.2 16.5 68.1 –1.2
October 85.9 18.5 82.5 –1.3 71.6 19.3 68.1 0.1
November 87.2 20.6 82.8 0.5 74.1 31.6 70.9 4.1
December 81.7 21.0 83.3 0.5 69.6 26.4 69.1 –2.6
2011 January 78.6 24.4 82.5 –0.9 68.5 24.3 70.7 2.4
February 84.1 21.1 84.7 2.7 72.1 27.3 73.5 3.9
March 98.2 15.7 90.9 7.2 79.4 17.0 75.8 3.1
April 84.3 13.4 85.8 –5.6 73.4 20.1 73.9 –2.5
May 92.2 20.1 89.6 4.4 77.4 15.7 76.7 3.8
June 88.3 3.1 88.5 –1.2 75.6 6.0 77.0 0.3
July 85.9 4.4 86.9 –1.8 75.4 9.9 76.7 –0.3

      
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