German exports fell by 0.5 percent from April 2018 to April 2019, according to the Trade Balance report released by the Statistisches Bundesamt Deautschland
The overall German export value for the month of April 2019 was estimated to be 109.7 billion euros, while the value of imported goods stands at 91.7 billion euros. In contrast to German exports, imported goods increased by 2.1 percent in April 2019 year on year. “After calendar and seasonal adjustment, exports were down 3.7 percent and imports 1.3 percent compared with March 2019,” the report states.
The German exports to member states of the European Union (EU) amounted to 63.8 billion euros and imported goods to Germany from EU member states came to 53.1 billion. Comparing to April of the previous year, these amounts translate to a decrease of 3.5 percent on exports and an increase of 1.9 percent on imports. Exports to countries outside the EU came to 45.8 billion euros and imports were calculated at a total of 38.6 percent billion euros. In comparison to April last year, exports increased by four percent and imports also increased by 2.4 percent.
Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.
© 2000-2022. All rights reserved.
This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at email@example.com.