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
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
Prison Term for Textile Smuggling from China
A two-and-a-half year prison term and fines totalling almost 50 million Euros is the punishment imposed on an individual responsible for large scale fraud involving textiles imported from China. 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
72 Percent of All Imports from Europe
In 2008 German companies imported goods to the value of 818.6 billion euros, 72.0 percent of which came from Europe (589.3 billion euros). Read more
Contaminated Stainless Steel Imports
Over the past few months radioactively contaminated steel products have turned up in Germany. Since August 2008 more than 150 tons of contaminated material have been detected by German authorities. In some cases, importers or manufacturers had to take back their products. The metals industry does not really know the scope of the problem. 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
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
