Niemcy - Bilans Handlowy

Germany's trade surplus widened to EUR 21.5 billion in October 2019 from EUR 18.7 billion in the same month of the previous year. Exports rose 1.9 percent to EUR 119.5 billion while imports declined 0.6 percent to EUR 98.0 billion. On a seasonally adjusted basis, the country's trade surplus unexpectedly increased to EUR 20.6 billion in October from EUR 19.2 billion in September, above market consensus of EUR 19 billion, as exports rose 1.2 percent, easily beating expectations of a 0.7 percent fall; while imports were flat compared to consensus of a 0.1 percent decline.

Germany's trade surplus widened to EUR 21.1 billion in September 2019 from EUR 18.2 billion in the same month last year, as exports advanced 4.6 percent to EUR 114.2 billion, while imports grew 2.3 percent to EUR 93 billion. Considering the first nine months of the year, the trade surplus narrowed to EUR 168.8 billion from EUR 175.8 billion in the corresponding period 2018.

Germany's trade surplus narrowed to EUR 16.2 billion in August 2019 from EUR 17.6 billion in the same month last year, as exports declined 3.9 percent to EUR 101.2 billion and imports shrank 3.1 percent to EUR 85 billion. Considering the first eight months of the year, the trade surplus shrank to EUR 147.5 billion from EUR 156.4 billion in the corresponding period of 2018.

Germany's trade surplus widened to EUR 21.4 billion in July 2019 from EUR 16.4 billion in the same month last year, as exports rose 3.8 percent while imports fell 0.9 percent. Considering the first seven months of the year, the trade surplus narrowed to EUR 131.1 billion from EUR 138.8 billion in the corresponding period of 2018. On a seasonally adjusted basis, the trade surplus widened to EUR 20.2 billion in July from a revised EUR 18.0 billion in June and above market consensus of EUR 17.5 billion. Exports went up 0.7 percent, easily beating expectations of a 0.5 percent drop; while imports declined 1.5 percent, worse than market consensus of a 0.3 percent fall.

The German trade surplus narrowed to EUR 16.8 billion in June 2019 from EUR 22.0 billion in the same month a year earlier, as exports tumbled 8 percent and imports declined at a softer 4.4 percent. Considering the first half of the year, the trade surplus decreased to EUR 109.9 billion from EUR 122.4 billion in the corresponding period of 2018. On a seasonally adjusted basis, the trade surplus narrowed to EUR 18.1 billion in June from EUR 18.7 billion in June, missing market consensus of EUR 18.6 billion. Exports fell 0.1 percent, matching expectations, while imports rose 0.5 percent, beating consensus of a 0.3 percent gain.

The German trade surplus widened slightly to EUR 20.6 billion in May 2019 from EUR 20.0 billion in the same month a year earlier, as exports advanced 4.5 percent to EUR 113.9 billion and imports rose 4.9 percent to EUR 93.4 billion. On a seasonally adjusted basis, the trade surplus increased to EUR 18.7 billion in May from a revised EUR 16.9 billion in April, beating market consensus of EUR 17 billion. Exports rose by 1.1 percent, above expectations of a 0.5 percent growth; while imports fell unexpectedly by 0.5 percent, against consensus of a 0.3 percent gain.