Germany Trade Surplus Widens in September


Germany posted a €22.9 billion trade surplus in September of 2015, up from €21.6 billion a year earlier and above market expectations, as exports grew by 4.4 percent and imports rose 3.9 percent.

In September, the country exported goods to the value of €105.9 billion, while imported goods to the value of €83.0 billion. 

Germany dispatched goods to the value of €62.2 billion (+7.4 percent year-on-year) to the Member States of the European Union, while it received goods to the value of €55.3 billion (+6.6 percent) from those countries. Goods to the value of €38.7 billion (+6.9 percent) were dispatched to the Euro area countries in September 0f 2015, while the value of the goods received from those countries was €37.8 billion (+6.3 percent). Sales to EU countries not belonging to the Euro area increased by 8.4 percent to €23.5 billion while the value of the goods which arrived from those countries was 17.5 billion euros (+7.1 percent).

Exports to countries outside the European Union amounted to €43.7 billion in September 2015 (+0.4 percent), while imports from those countries totaled €27.6 billion (-1.1 percent). 

In August 2015, the country posted a €15.3 billion trade surplus.

On a seasonally adjusted basis, exports rose 2.6 percent from August, while imports grew 3.6 percent, bringing the trade surplus down to €19.4 billion in September from €19.6 billion in August. 

Germany Trade Surplus Widens in September


Destatis l Rida Husna | rida@tradingeconomics.com
11/9/2015 11:27:17 AM