German Imports Hit Record Level in June
Germany exported commodities to the value of EUR 86.5 billion and imported commodities to the value of EUR 72.4 billion in June 2010. Hence, German exports increased by 28.5% and imports by 31.7% in June 2010 on June 2009. This was the highest monthly export value reported since October 2008 (EUR 88.7 billion). The import value for June 2010 was the highest ever reported since foreign trade statistics have been compiled for the Federal Republic of Germany in 1950. Read more
580,000 Enterprises in Intra-Community Trade
Slightly more than 580,000 enterprises in Germany received goods from other EU member states or delivered goods to other EU member states in 2009. This means that the number of enterprises engaged in intra-Community trade was slightly down from the previous year (585,000). Just under 486,000 enterprises imported goods from other EU member states, while some 239,000 enterprises acted as exporters.
As reported by the Federal Statistical Office (Destatis), only 31 enterprises had a turnover in intra-Community trading of more than one billion euros. Last year, 42 companies were above this threshold. The share of these enterprises in total exports amounted to 25.3%, against 28.4 percent last year. As to imported goods, 37 enterprises reached a turnover of more than one billion euros, and a 22 percent share of total imports from other EU member countries. This share corresponded to last year’s level.
Regarding shipments to other EU countries, just under 168,000 enterprises achieved a turnover of less than 100,000 euros in 2009. So 70 percent of all companies engaged in EU export trading achieved a total share of under 1 percent in terms of value. Compared to this figure, more than 400,000 (83%) of all German enterprises, which import goods from the EU, had imports amounting to less than 100,000 euros. The share of these enterprises in total imports from the EU was 1.4 percent.
Destatis, exports, exporters, imports, intra-Community trade, Statistical Office
German Exports to China Unaffected by Crisis
As reported by the Federal Statistical Office (Destatis) on the occasion of the visit of the Federal President, Horst Köhler, to China from 17 to 20 May 2010, German exports to the People’s Republic of China increased – in contrast to the general trend – by 7.0% to Euro 36.5 billion in 2009 from a year earlier. For comparison: Over the same period, total German exports decreased by 17.9% to Euro 808.2 billion. Read more
German Export Performance: 2000 – 2009
The German Export Performance Index relating to the trade with the country’s 25 major trading partners increased nearly 11% between 2000 and 2009. In relation to the base year 2005 the index rose from 92 to 102 points between 2000 and 2009. Read more
Exports to China up 14.5 Percent
In the third quarter of 2009, German imports were 18.9 percent lower than those of the same quarter of last year, amounting to Euro 167.9 billion. When price-adjusted, imports decreased 10.9 percent. Read more
Falling Producer Prices for Services
Producer prices for services mostly declined in the third quarter of 2009 against the third quarter of 2008. Steep price falls were recorded for sea transport: The prices of services in sea and coastal water transport were markedly down by 27.5% compared with one year earlier. Read more
France Remains No 1 Trading Partner
As reported by the Federal Statistical Office (Destatis), France again was Germany’s number one trading partner for exports in the previous year, accounting for Euro 93.7 billion of exports. Imports from France amounted to Euro 63.4 billion in 2008, so that France was the second most important supplier country for German imports after the Netherlands (Euro 68.0 billion). Read more
Steel and Iron Production Rising in October
German metallurgical plants produced 2.14 million tonnes of pig iron and 3.45 million tonnes of raw steel in October 2009. Read more
15 Years of NAFTA
Imports to Germany from NAFTA states – Canada, Mexico and the U.S. – rose by 111.9 percent to 54.1 billion euros since 1994. Read more
German Economy Expanding Again
As reported by the Federal Statistical Office (Destatis), the German economy expanded slightly in the second quarter of 2009, for the first time since Q1 of 2008. After adjustment for price, seasonal and calendar factors, gross domestic product increased by 0.3% in the second quarter of 2009 against the previous quarter. Read more
Drastic Fall in Sea Freight Rates
The global economic downturn and the drop in oil prices have led to a fall in sea freight rates in Germany. Read more
Unpredictable Import Prices
As reported by the Federal Statistical Office (Destatis), in December 2008 the index of import prices decreased by 5.1% compared with the corresponding month of last year. Read more
Technology Imports from China Down Slightly
From January to November 2008 Chinese commodities at a value of 54.3 billion euros were imported to Germany. This is an increase of 5.6% compared with the corresponding period 2007. Exports rose by 14.3% to the amount of 31.3 billion euros. Read more
Price Slump of Copper and Semi-Finished Products
The index of producer prices for industrial products in Germany was up 4.3% in December 2008 from the corresponding month of the preceding year. Compared with the preceding month, the index fell by 1.0% in December 2008. Read more
Import Prices: Sharpest One Month Drop
As reported by the Federal Statistical Office (Destatis) in October 2008, the index of import prices increased by 2.9% from the corresponding month of the preceding year. This was the lowest year-on-year-rate since October 2007 (+2.3%). Read more
35.4% Improvement in Raw Materials Productivity since 1994
In 2007, overall raw materials productivity in Germany was 35.4 percent above its 1994 level. This is one of the findings of the new indicator report on sustainable development in Germany, compiled by the Federal Statistics Authorities (Destatis). The national strategy for sustainable development in Germany aims at doubling raw materials productivity from 1994 to 2020. Read more
Wholesale Prices Falling Slightly
In October 2008, the Wholesale Price Index was up 3.6 percent compared to last year’s level. In September and August 2008, the annual change rates were +5.8 percent and +7.4 percent respectively. Compared to the previous month, the Wholesale Price Index fell by 1.5 percent in October 2008. Read more
Wholesale Sales up 7.5 Percent in Real Terms
According to the preliminary result of the Federal Office of Statistics (Destatis), wholesale sales in September 2008 were up 14.7% in nominal terms and 7.5% in real terms, on September 2007. Compared with August 2008, the increase in wholesale sales was 0.9% in nominal terms and 0.5% in real terms, adjusted for seasonal and calendar effects.
In September 2008, all six wholesale sectors recorded a higher sales volume than in September 2007, in nominal and in real terms. With 46.3% (+31.6% in nominal terms), the highest jump in sales was recorded by companies engaged in wholesaling agricultural base and livestock.
In the first nine months of 2008, wholesale sales increased by 10.9% in nominal terms and 3.5% in real terms against the same period in 2007.
Downward Price Trend for Nonferrous Metals
In September 2008, the import price index was up 7.6% on last year’s level. In August and July 2008 this change in rate amounted to an increase of 9.3% respectively. Compared with August 2008, the import price index was down 1%. Read more
