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Germany: Exports in October 2024: -2.8% on September 2024
In October 2024, German exports were down 2.8% and imports dropped 0.1% on a calendar and seasonally adjusted basis compared with September 2024. Based on provisional data, the Federal Statistical Office (Destatis) further reports that exports also decreased by 2.8% from October 2023 while imports rose by 1.7%. After calendar and seasonal adjustment, Germany exported goods to the total value of 124.6 billion euros and imported goods to the value of 111.2 billion euros in October 2024. The foreign trade balance showed a surplus of 13.4 billion euros in October 2024. The calendar and seasonally adjusted surplus stood ... (full story)