Germany Exports

Exports in Germany increased to 92402 EUR Million in February of 2014 from 90700 EUR Million in January of 2014. Exports in Germany is reported by the Federal Statistical Office. Exports in Germany averaged 26259.57 EUR Million from 1950 until 2014, reaching an all time high of 99117.15 EUR Million in October of 2013 and a record low of 226.39 EUR Million in January of 1950. The German economy is heavily export-oriented. Germany main exports are cars (18 percent of total exports) and machinery except cars (15 percent). Others include: chemical products, hardware and electronic devices, metals and pharmaceuticals. Germany sells about 40 percent of its products to the euro area and 60 percent to the wider European Union. Others include: United States, China, Switzerland and Russia. This page provides - Germany Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
92402.00 90700.00 99117.15 226.39 96436.64 | 2014/03 1950 - 2014 EUR Million Monthly

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Germany Exports
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP 7.30 2013-12-31 7.40 7.40 -1.70 7.73 2014-06-30 Percent [+]
Capital Flows -25988.80 2014-02-15 -711.80 21575.30 -33307.70 -22537.72 2014-02-28 EUR Million [+]
External Debt 653123.00 2014-03-31 674528.00 922123.00 60638.00 667485.27 2014-03-31 EUR Million [+]
Foreign Direct Investment 4269.73 2014-02-15 -1951.15 140457.80 -31502.04 8887.24 2014-02-28 EUR Million [+]
Remittances -807.00 2013-11-15 -807.00 -601.00 -1228.00 -861.36 2013-12-31 EUR Million [+]
Current Account 13879.18 2014-02-15 15200.00 24180.31 -9121.78 17558.32 2014-03-31 EUR Million [+]
Balance of Trade 16264.00 2014-02-15 15000.00 20277.00 -536.00 16004.73 2014-03-31 EUR Million [+]
Exports 92402.00 2014-02-15 90700.00 99117.15 226.39 96436.64 2014-03-31 EUR Million [+]
Imports 76138.00 2014-02-15 71500.00 82465.45 346.78 76538.63 2014-03-31 EUR Million [+]
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Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


RELATED NEWS

Germany Inflation Rate Slows in March  
Consumer prices in Germany rose by an annual 1.0 percent in March of 2014, matching the preliminary estimate, and decelerating from 1.2 percent in February. The last time an inflation rate of 1.0 percent was observed was in August of 2010.
Germany Trade Surplus Increases 8.6% in February  
German trade surplus widened to € 16.3 billion in February of 2014 from € 15.0 billion in the previous month. Compared with the same month last year, the trade surplus narrowed slightly by 3 percent, as imports rose the most in nearly two-and-a-half years.
German Unemployment Rate Up to 5.1%  
In February of 2014, German seasonally adjusted jobless rate rose slightly to 5.1 percent from 5.0 percent in the previous month, figures published by the Federal Statistical Office showed. Youth unemployment rose to 7.7 percent from 7.6 percent in January.
German Inflation Rate Down to 3-1/2-Year Low  
Annual consumer prices in Germany are expected to slow to 1.0 percent in March of 2014, preliminary figures showed. The inflation rate decelerated for the third consecutive month, as energy prices keep falling.
Germany Inflation Rate Confirmed at 1.2% in February  
German consumer prices rose at a slower 1.2 percent in February of 2014, down from 1.3 percent in the previous month and confirming the preliminary estimate released later in February.
German Trade Surplus Widens in January  
Germany recorded a € 15 billion trade surplus in January of 2014, up from a revised € 13.9 billion in the previous month and € 13.6 billion a year earlier, as exports increased by an annual 2.9 percent and imports by 1.5 percent.
Germany Inflation Rate Down to 1.2% in February  
Consumer prices in Germany are expected to rise by 1.2% in February 2014 compared with February 2013, according to the preliminary data released by the Federal Statistical Office. The relatively low inflation rate is mainly due to decrease in energy prices.
Germany’s Unemployment Rate Down to 5% in January  
In January of 2014, German seasonally adjusted jobless rate fell to 5 percent from 5.1 percent in the previous month, figures published by the Federal Statistical Office showed. Youth unemployment fell slightly to 7.6 percent from 7.7 percent in December.
Exports Drive German GDP Growth in Q4  
In the last quarter of 2013, the German GDP expanded by 0.4 percent on a quarter-on-quarter basis, confirming an earlier estimate and boosted by foreign trade, while domestic demand remained weak.
German GDP Beats Expectations in Q4 2013  
German economic growth accelerated to 0.4 percent in the fourth quarter of 2013 up from 0.3 percent in the previous three-month period, supported by a rise in exports and capital investment.
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LATEST NEWS

Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
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South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
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US New Home Sales Fall Sharply in March  
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US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
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