According to provisional data of the Federal Statistical Office,
Germany exported commodities to the value of EUR 84.4 billion and
imported commodities to the value of EUR 67.3 billion in January 2008.
German exports of January 2008 were thus 9.0% and imports 10.2% above
the respective January 2007 levels. Upon calendar and seasonal
adjustment, exports increased by 3.8% and imports by 4.2% on December
2007.
The foreign trade balance showed a surplus of EUR 17.1 billion in
January 2008. In January 2007, the surplus amounted to EUR 16.4
billion. Upon calendar and seasonal adjustment, the foreign trade
balance recorded a surplus of EUR 16.1 billion in January 2008.
According to provisional results of the Deutsche Bundesbank, the
current account of the balance of payments showed a surplus of EUR 15.0
billion in January 2008, which included the balance of services (EUR
–1.3 billion), factor income (net) (EUR +3.5 billion), current
transfers (EUR –3.5 billion) and supplementary trade items (EUR
–0.9 billion). In January 2007, the German current account showed
a surplus of EUR 14.4 billion.
In January 2008, Germany dispatched commodities to the value of EUR
54.3 billion to the Member States of the European Union, while it
received commodities to the value of EUR 43.1 billion from those
countries. Compared with January 2007, dispatches to and arrivals from
the EU countries increased by 7.7% and 11.2%, respectively. Commodities
to the value of EUR 36.2 billion (+6.3%) were dispatched to the euro
area countries in January 2008, while the value of commodities received
from those countries was EUR 29.9 billion (+10.0%). Commodities to the
value of EUR 18.1 billion (+10.5%) were dispatched to EU countries not
belonging to the euro area in January 2008, while the value of the
commodities which arrived from those countries was EUR 13.2 billion
(+13.9%).
Germany exported commodities to the value of EUR 30.0 billion to and
imported commodities to the value of EUR 24.2 billion from countries
outside the European Union (third countries) in January 2008. Compared
with January 2007, exports to third countries were up by 11.5% and
imports from those countries by 8.5%.
For further information please call:
Dirk Mohr,
tel: (+49-611) 75-2475,
info-aussenhandel@destatis.de