• German trade balance showed a surplus of 20.5 billion euros in November

Market news

9 January 2019

German trade balance showed a surplus of 20.5 billion euros in November

Germany exported goods to the value of 116.3 billion euros and imported goods to the value of 95.7 billion euros in November 2018. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports in November 2018 remained nearly unchanged on November 2017. Imports rose 3.6% in the same period. After calendar and seasonal adjustment, exports were down 0.4% and imports 1.6% compared with October 2018.

The foreign trade balance showed a surplus of 20.5 billion euros in November 2018. In November 2017, the surplus amounted to 23.8 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 19.0 billion euros in November 2018.


Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.