Germany's Exports Increased by 0.1% YoY and 1.3% MoM in August 2024

09 October 2024

In August 2024, German exports were up 1.3% and imports were down 3.4% on a calendar and seasonally adjusted basis compared with July 2024. Based on provisional data, the Federal Statistical Office (Destatis) also reports that exports increased by 0.1% and imports fell by 3.1% compared with August 2023.

The foreign trade balance showed a surplus of 22.5 billion euros in August 2024. The calendar and seasonally adjusted surplus stood at 16.9 billion euros in July 2024 and 18.9 billion euros in August 2023.

Source: Destatis
Post by: Republic of Türkiye Ministry of Trade