• German trade balance surplus lower than expected in October

Market news

8 December 2017

German trade balance surplus lower than expected in October

Germany exported goods to the value of 108.0 billion euros and imported goods to the value of 89.1 billion euros in October 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 6.8% and imports by 8.3% in October 2017 year on year. After calendar and seasonal adjustment, exports were down 0.4% and imports up 1.8% compared with September 2017.

The foreign trade balance showed a surplus of 18.9 billion euros in October 2017. In October 2016, the surplus amounted to 18.8 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 19.9 billion euros in October 2017

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